ConstructConnect Blog

U.S. put-in-place construction spending, during the coronavirus health crisis, has benefitted from the carryover of work begun last year. 2019 construction starts included an inordinately large number of mega projects valued at $1 billion or more each. There were 35 such projects last year, with a summed value near $80 billion, or 15% of nonresidential groundbreakings.

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 29 - July 3, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.

With today’s June Employment Situation report from the Bureau of Labor Statistics (BLS), the U.S. economy has now clawed back 29% of the total number of jobs lost in March and April, when shelter-at-home directives were first enacted to deal with the coronavirus outbreak.

As with most things pandemic-related, it’s hard to know where the cost of construction will land six months, or a year, or two years from now. Set out below are 10 ways in which costing in the sector is likely to be impacted in the period ahead.

These days, I’m often asked if I foresee a V-shaped recovery. While there are reasons to suppose it’s possible, I’m skeptical.

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 22 - 26, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.