Landscape Contractor / Design Build Maintain

SEP 2017

LC/DBM provides landscape contractors with Educational, Imaginative and Practical information about their business, their employees, their machines and their projects.

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Page 45 of 71

46 LC DBM I n f o r m a t i o n R e q u e s t # 4 1 3 Construction employment added 6,000 jobs in July, to mark an increase of 2.8 percent over 12 months. At the same time, average hourly earnings in the industry came in at $28.90, nearly 10 percent more per hour than the average U.S. private-sector job. Construction Employment Increases Hit Nine-Year High In spite of stalled legislative reform and other entanglements in Washington, D.C., the small businesses optimism in - dex recorded its biggest month-to-month gain since the November elections. The largest increases of the 10 indicators measured came from the amount of firms with job openings, and those expecting higher sales. In addition, 19 percent of firms plan to hire - the highest level since December 1999. The index, a monthly measure of initial planning reports for nonresidential building projects, dropped 3.3 percent from its June reading; however it is 6.9 percent higher year-over- year, which "suggests further moderate gains in construction activity throughout the year," according to Dodge Data and Analytics. The commercial component is up 8.0 percent from last year, and the institutional component grew 5.3 percent. Small Businesses Stay Opti- mistic - Index Up 1.6 Points Dodge Momentum Index Is Down a Little but Still Higher than a Year Ago I n f o r m a t i o n R e q u e s t # 4 4 1

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