Trends

Backlogs Trending Lower

While several recent surveys show continuing confidence and optimism on the part of construction industry participants, backlog issues continue to advance. In its most recent announcement on the subject, Associated Builders and Contractors reported confidence

Economic Development

NAIOP Arizona Panel Event Examines Labor Shortage

Panelists at a recent NAIOP Arizona event recently tackled the skilled labor shortage and discussed ways to find and keep needed talent.  Members included:  Brandon Milligan: StrataTech Education Group,  Kevin Major: CBRE,  Danielle Feroleto: Small Giants, and  Mike Bontrager: Alston Construction and Build Your Future Arizona.  James Murphy of Willmeng Construction served

Trends

Nonresidential Construction Spending Down in May

By Associated Builders and Contractors  National nonresidential construction spending declined 0.7 percent in May, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5B for the month.  Spending