Business News
Construction material costs rise as industry braces for tariffs impact
The Associated General Contractors of America reported a 0.8 percent increase in the cost of materials and services for nonresidential construction from December to January, marking the largest rise in the past year.
By D. D. Diggs | Feb 13, 2025
Defense Department drops PLA requirements following court ruling
The U.S. Department of Defense has announced a significant policy shift by removing project labor agreement (PLA) requirements from its military construction solicitations.
By D. D. Diggs | Feb 11, 2025
Latest News
Construction industry faces challenges as labor market tightens
By D. D. Diggs | Feb 7, 2025
Construction sector employment saw an increase of 4,000 jobs in January, driven by gains in nonresidential construction, according to the Associated General Contractors of America.
Restaurant industry set for $1.5 trillion sales boost amid job growth
By D. D. Diggs | Feb 6, 2025
The restaurant industry is projected to reach $1.5 trillion in sales and add over 200,000 new jobs in 2025, according to the National Restaurant Association's latest report.
Construction employment rises despite labor shortages; Houston leads job gains
By D. D. Diggs | Feb 5, 2025
Construction employment rose in 244 out of 358 metropolitan areas between December 2023 and December 2024, according to the Associated General Contractors of America.
Construction spending rises amid single-family housing demand despite tariff concerns
By D. D. Diggs | Feb 3, 2025
Construction spending saw a modest increase from November to December, driven by the demand for single-family homes and data centers, according to a report released by the Associated General Contractors of America.
Construction employment rises in majority of states; potential challenges loom
By D. D. Diggs | Jan 28, 2025
Construction employment saw an increase in 38 states and the District of Columbia from December 2023 to December 2024, with 26 states reporting job growth between November and December, according to the Associated General Contractors of America.
Nevada ranked highest for average full-coverage car insurance rates in 2025
By A. R. Bamburg | Jan 27, 2025
LendingTree, a loan comparison website, has published a ranking of the most expensive states for full-coverage car insurance, with Nevada topping the list.
RIMS report highlights risks of eliminating defense within limits provisions
By D. D. Diggs | Jan 27, 2025
The Risk and Insurance Management Society (RIMS) has announced that Nevada's proposal to eliminate "defense within limits" insurance provisions could disrupt the state's professional liability market.
Hudson Riehle to retire from National Restaurant Association after 38 years
By D. D. Diggs | Jan 24, 2025
The National Restaurant Association has announced the upcoming retirement of Hudson Riehle, senior vice president of the organization's Research and Knowledge Group.
The Perryman Group: NV loses $203M annually to excessive tort costs
By A. B. Bamburg | Jan 22, 2025
According to a report from The Perryman Group, an economic research firm, Nevada's economy loses $203 million annually due to excessive tort costs.
National Restaurant Association backs Trump's SBA nominations
By D. D. Diggs | Jan 22, 2025
The National Restaurant Association has expressed its support for President Donald Trump's recent nominations for leadership positions within the Small Business Administration (SBA).
Court invalidates PLA mandate for federal construction projects
By D. D. Diggs | Jan 20, 2025
The United States Court of Federal Claims has ruled in favor of the Associated General Contractors of America (AGC) in a consolidated bid protest case, MVL USA, Inc., et al. v. United States, Case No. 24-1057.
National Restaurant Association backs Trump's picks for Department of Labor leadership
By D. D. Diggs | Jan 17, 2025
More than 15.7 million individuals are employed in restaurants and foodservice outlets across the United States, positioning the industry as the nation's second-largest private sector employer.
National Restaurant Association announces 2025 board leaders
By D. D. Diggs | Jan 16, 2025
The National Restaurant Association and the National Restaurant Association Educational Foundation (NRAEF) have announced their leadership for 2025.
Bill introduced to eliminate income tax on tips for service industry workers
By D. D. Diggs | Jan 16, 2025
Today, Senator Ted Cruz introduced the No Tax on Tips Act of 2025, aiming to eliminate income tax on tips earned by servers and bartenders in the restaurant and foodservice industry.
Survey finds incorrect marking behind most contractor utility line strikes
By D. D. Diggs | Jan 16, 2025
A recent survey conducted by the Associated General Contractors of America has highlighted significant issues with the marking of utility lines.
Survey highlights mixed outlooks for construction sectors amid economic uncertainties
By D. D. Diggs | Jan 8, 2025
Construction contractors are expressing optimism about certain private-sector segments and public-sector work, according to a recent survey by the Associated General Contractors of America and Sage.
Nevada Heritage Foundation offers $2K scholarship for agricultural trade students
By D. D. Diggs | Jan 4, 2025
The Nevada Heritage Foundation is offering a scholarship aimed at supporting students from Nevada who are pursuing trades related to agriculture.
Nevada Farm Bureau offers $1,000 scholarship for aspiring agriculture students
By D. D. Diggs | Jan 3, 2025
The Nevada Farm Bureau is offering the Dave Fulstone II Scholarship to support students interested in pursuing a career in agriculture.