ConstructConnect Blog

Two key numbers on the U.S. economy were released this morning at 8:30 a.m.: (1) the standard weekly initial jobless claims number; and (2) the ‘Advance Estimate’ of Q3 gross domestic product (GDP) change.

It is no news that the global economy has been a bit shaky for years now, then the pandemic struck and everything went spiraling downward. Statistics show that unemployment was at 14.7% in April 2020, the highest rate in America since the Great Depression, and gross domestic product fell by 4.8%.

U.S. Housing Starts Surprisingly Buoyant Year to Date One of the true economic surprises of the pandemic is how little sway it has been holding over housing starts.

Listed below are ConstructConnect’s Hot Commercial Construction Projects, both public and private, for the week. 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.

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

The accompanying table records the 10 largest construction project starts in Canada in September 2020. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the civil and nonresidential building categories in Canada.

Safety should be the number one priority of every construction company. Unfortunately, there are many myths and misconceptions about safety that are taken as fact. Believing these myths can lead to unsafe work practices and lead to accidents and injuries on the jobsite.

The accompanying tables show the top 10 major upcoming Water Treatment Plant and Manufacturing & Warehousing construction projects in the U.S. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.

The accompanying tables show the top 10 major upcoming Ontario and Quebec construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.