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The construction industry really took it on the chin during the Great Recession. The number of construction firms fell by nearly 150,000 between 2007 and 2013 and over 2.3 million jobs were lost due to layoffs, early retirement, and workers leaving for greener pastures. With a majority of economists predicting another recession hitting sometime in […]

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. This infographic looks at U.S. trading partners – is China number one? At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for […]

There’s lots to cover, so let’s jump in… Chinese Economic Slowdown China’s latest quarter-over-quarter ‘real’ (i.e., after adjustment for inflation) gross domestic product (GDP) growth rate was its slowest since 1992. 2019’s second quarter advance, annualized, was only +6.2%. That level of increase anywhere else in the world would be greeted with celebration, but for […]

Hard to Compete With May ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $44.9 billion (green shaded box, Table 3 below). The month-to-month percentage change versus May was -18.3%. The large drop, however, was mainly due to May having so many mega-sized project initiations. May’s Top 10 project […]

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of July 8 – 12, 2019. 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. Alabama CornerStone Plaza Location: Mobile, AL Building Use: Retail – Retail […]

Upcoming public sector opportunities can be found in almost every area of the public sector marketplace. But, at the moment, the sheer number of upcoming opportunities related to law enforcement facilities is enough to make one ponder. Has every incarceration facility become obsolete all at once? Have local and state officials all decided to upgrade […]

The accompanying table shows the top 10 major upcoming Alberta and British Columbia construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, government buildings, industrial projects, oil and gas projects, and electric […]

The accompanying tables show the top 10 major upcoming entertainment facility and stadium-arena 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. Shopping centers, hotels, office buildings, medical buildings, educational buildings, libraries and museums, sports and entertainment complexes, industrial projects […]