At different moments in time, checking through ConstructConnect’s extensive database of construction projects will reveal heavier weightings of certain types of work. Sometimes, it’s mixed-use projects (e.g., offices, condos and hotels in combination) that stand out. On other occasions, there can be a treasure chest of work that is institutional in nature (e.g., educational or […]

The four states in America with the largest populations are California (40 million), Texas (28 million), Florida (21 million) and New York (20 million). Combined, they account for 110 million people and one-third of the U.S. total resident count. Not unexpectedly, they also hold positions one through four (and in the same order) in a […]

The latest Employment Situation report from the Bureau of Labor Statistics (BLS) records that the U.S. construction sector’s unemployment rate in October was 3.6%, lower than the national ‘headline’ rate of 3.7% for all jobs in the economy. Since 3.7% as the national jobless level was a nearly 50-year low, for construction to have done […]

The following sets out, in text and graphs, ConstructConnect’s projections of U.S. put-in-place (PIP) construction activity. PIP statistics are published by the Census Bureau. They are analogous to work-in-process or progress payments as projects proceed. (PIP statistics lag up-front ‘starts’ statistics which are lump sum figures estimated when ground is broken. Also, the ‘starts’ set […]

There’s good reason to feel comfortable based on how well the U.S. economy is doing in terms of job creation, low unemployment rate, consumer confidence, and quarter-to-quarter gross domestic product (GDP) growth. But there are also shadows at the edges that are unsettling. The Chairman of the Federal Reserve has stated an intention to increase […]

ConstructConnect announced today that October’s volume of construction starts, excluding residential work, was $33.7 billion − a month-to-month change of -3.6%. The history of the starts data records a ‘normal’ shift from September to October, due to seasonality, of -4.0%. Starts traditionally perform best in the sunnier-weather months of Spring and early Summer. Compared with […]

The accompanying table records the top 10 project starts in the U.S. for October 2018. There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, […]