SpecChem Acquires Interest in Aggretex Systems
Kansas City, MO, November 5, 2018—SpecChem, an leading supplier of concrete construction building materials, has acquired a 50% interest in leading decorative concrete manufacturer Aggretex Systems.
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Non-Manufacturing Index Inched Down in October
Tempe, AZ, November 5, 2018—The Non-Manufacturing Index (NMI) for October registered 60.3%, which is 1.3 percentage points lower than the September reading of 61.6%, according to the latest Non-Manufacturing ISM Report On Business.
Construction Employment Grew by 30K in October
Arlington, VA, November 5, 2018—Construction employment increased by 30,000 jobs in October and by 330,000 jobs over the past year, topping 7.3 million for the first time since April 2008, while the industry's average pay jumped and unemployment decreased to a historic low, according to an analysis of government data by the Associated General Contractors of America.
Commercial One Adds Four New Members
Roswell, GA, November 5, 2018—Commercial One has grown to 110 members in less than five years and has recently made four additions.
Rob Baker Named CFO of Swiff-Train
Houston, TX, November 5, 2018—Rob Baker has accepted a position at Swiff-Train Company as its chief financial officer.
Unemployment Held Steady at 3.7% in October
Washington, DC, November 2, 2018--Total nonfarm payroll employment rose by 250,000 in October, and the unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported.
Orders for Manufactured Goods Climbed 0.7% in September
Washington, DC, November 2, 2018-New orders for manufactured goods in September, up four of the last five months, increased $3.4 billion or 0.7% to $515.3 billion, the U.S. Census Bureau reported.
Single Women Remain Powerful Force in Homebuying Market
Washington, DC, November 2, 2018-Single female buyers continue to be a powerful force in the market, while low inventory, rising interest rates and increasing home prices remain, holding back first-time buyers despite notable interest in buying a home, according to the National Association of Realtors’ 2018 Profile of Home Buyers and Sellers.
Trade Deficit Widened in September
Washington, DC, November 2, 2018—The goods and services deficit was $54.0 billion in September, up $0.7 billion from $53.3 billion in August, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
Builder Confidence in 55+ Housing Fell 7 Points in Q3
Washington, DC, November 2, 2018—Builder confidence in the single-family 55+ housing market dropped seven points to 60 in the third quarter, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI).