4 days ago · CONTRACTOR provides news, insights, and how-to content to professionals responsible for plumbing, heating, specialty piping and fire protection systems.

Dec 30, 2024 · (Of course, it remains to be seen if consumers will, in fact, reign in their spending habits.) Dwarfing consumer debt is the US national debt, which currently stands at $36.15 trillion.

13 hours ago · Industry job openings decreased by 55,000 last month and are down by 217,000 from the same time last year. WASHINGTON, DC — The construction industry had 217,000 job openings on the last day of December 2024, according to an Associated Builders and Contractors analysis of data from the US Bureau ...

Jan 2, 2024 · The main reason for that growth in wages is the tight labor market, with companies in competition to hire and retain talent. November 2023 data from the Bureau of Labor Statistics has overall US unemployment at 3.7%, and the country …

Jan 27, 2025 · A recent report from Capstone Partners, a US-based investment banking firm, found the active Construction market helped accelerate Construction merger and acquisition (M&A) activity in 2024 as buyers increasingly turned to acquisitions as a way to bolster growth, expand market share, and capitalize on strong demand for construction services. ...

Jan 14, 2025 · Construction contractors are optimistic about certain private-sector segments and have high hopes for most types of public-sector work, according to survey results the Associated General Contractors of America and Sage released. Yet contractors have very low expectations for several private-sector market segments, remain concerned about labor shortages and are worried materials prices will ...

1 day ago · In any event, as you might imagine, the new administration is already looking to overturn the aforementioned gas water heater ban. Recently, Representative Gary Palmer, R-Ala., introduced a Congressional Review Act (CRA) resolution to block the Biden Administration’s recent attempt to ban natural gas water heaters.“This radical ban on gas water heaters proves that the administration’s ...

Jan 17, 2025 · The latest news, information and industry events about commercial plumbing and residential plumbing

Jan 27, 2025 · By KERMIT BAKER, FAIA, Chief Economist, American Institute of Architects [Editor's Note: this article first appeared on HPAC.com.]. WASHINGTON, DC — After increasing by almost 20% in 2023 and another 6% last year, construction spending for nonresidential buildings—commercial, industrial, and institutional facilities—is projected to slow dramatically this …

Aug 22, 2024 · John Carlson was the first Editor of CONTRACTOR—a title that morphed over the decades to Chief Editor/Editor-in-Chief as staff expanded, then to Editorial Director as business models changed, and even briefly to Content Director as the brand staked out new territory on the World Wide Web.. Following Carlson came Seth Shepard, who directed editorial operations almost 30 years until his ...