CISCA Monday Newsletter
 
Industry News
Construction Dive
The construction industry is in the midst of a severe skilled-labor shortage, both in the field and in management positions. While contractors are recruiting from the available pool of existing workers, many are also looking to college and university construction programs to help fill the gap.
 
CNBC
U.S. small businesses expect stronger revenue this year and many anticipate adding employees, a generally optimistic read that could support job growth in coming months, the New York Fed reported on Tuesday.
 
ForConstructionPros
An analysis of Labor Department data shows Louisiana, Massachusetts, New York, South Dakota and Texas broke records in the number of construction jobs in February. Meanwhile, 43 states increased construction employment in the 12 months through February.
 
9Wood
Naylor Association Solutions
Insurance Journal
When a train jumped the tracks this past week at New York’s Penn Station, the seemingly minor accident led to a cascade of exasperating delays for hundreds of thousands of commuters.
 
Huffington Post
The U.S. Construction industry is a $1.73 trillion industry. Its more than 700,000 companies account for over 7 million American jobs in building, engineering and a wide range of specialty trades, note Bureau of Labor statistics. But most appreciably, the industry exemplifies American ideals about hard work and upward mobility since many thriving construction companies are decades old, multigenerational, family-owned businesses.
 
WESTERN RESERVE ADVISES TECTUM, INC.
Western Reserve Partners
Western Reserve served as the exclusive financial advisor to Tectum, Inc. in its sale to Armstrong World Industries. For more information regarding this transaction or to learn more about our investment banking services and experience in the building products industry, please contact: Kevin Mayer, Managing Director at 216-574-2117 or email kmayer@wesrespartners.com.
www.wesrespartners.com
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U.S. News & World Report
Public confidence in the current health of the American economy is at its highest level since 2000, but analysts warn that uncertainty around President Donald Trump's legislative agenda could stall the bullish sentiment going forward.
 
Safety+Health
Construction employers are being encouraged to stop work and talk with employees about fall hazards and prevention as part of the fourth annual National Safety Stand-Down to Prevent Falls in Construction, set to take place May 8-12.
 
 

 

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