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Tag Archives: economy
IMPACT Conference Addresses Healthcare, Industry Challenges
The 2023 North American Iron Workers/Ironworker Management Progressive Action Cooperative Trust (IMPACT) Conference kicked off on Monday, Feb. 13, 2023, at the Hilton New Orleans Riverside. The event brings together contractors, ironworkers and owners from North America to address various … Continue reading
Posted in Featured News, News, Today's News Tagged 2023 North American Iron Workers/Ironworker Management Progressive Action Cooperative Trust (IMPACT) Conference, big projects, Construction workers, contractors, demand, disruptions, economy, fewer goods, fewer workers, glaziers, global gross domestic product, healthcare, Hilton New Orleans Riverside, inflation, Invesco, Ironworkers, Ironworkers Local Union No. 63, Ironworkers Riggers Local 136, Kristina Hooper, labor laws, large products, mechanized equipment, North America, Pat Di Filippo, Paul Wende, raw material supplies, supply chain, Turner Construction Co., wages, wellness centers Leave a comment
Construction Growth to be Stifled in 2023
Inflation is determining the path of the economy, says Richard Branch, chief economist for Dodge Construction Network (DCN) during the organization’s Annual Outlook Forecast Conference. However, Branch adds that core inflation is improving thanks to aggressive actions taken by the … Continue reading
Posted in Featured News, News, Today's News Tagged Construction, Dodge Construction Network, economy, inflation, interest rates, labor shortages Leave a comment
Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation
The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. The rate hike is the largest increase since 1994. This … Continue reading
Posted in Featured News, News, Today's News Tagged Americans, car loans, China, combat, COVID, credit, credit cards, economy, Federal Reserve, Federal Reserve Chairman, Freddie Mac, Girard Glass, global economic activity, Guardian Glass, higher borrowing costs, home equity, interest rates, Jerome Powell, Lance Altizer, largest increase, mortgages, price increase, Rick Leserman, Rick Zoulek, rising inflation, Russia, supply chain, Ukraine Leave a comment
Glaston Delivers Positive Results in January-September Report
Glaston Corp. has released its interim report for January-September 2021. Orders received totaled $185 million, whereas net sales totaled $152 million. According to the report, orders received saw a healthy recovery from January-September, indicating positive development for both the machines and services business throughout … Continue reading
Posted in News, Today's News Tagged economic outlook, economic report, economy, finances, Glaston, outlook, reports Leave a comment
One-Third of Metro Areas Lose Construction Jobs Between August 2020 and 2021
Nearly one-third of U.S. metro areas lost construction jobs between August 2020 and August 2021, according to an analysis by the Associated General Contractors of America of government employment data. Association officials noted that the job losses are occurring as … Continue reading
