The construction industry is rapidly changing. There’s an increasing focus on sustainability, resiliency, and energy efficiency. Clients are expecting higher quality projects while also wanting shorter construction timelines on tighter budgets. Technological advancements are reshaping the way we design and construct the built environment. All of these are leading to increasingly more complex construction projects.
Learn how we can help you.
Following a contraction in 2018, total construction starts in the U.S .grew by 4.0% to reach $795 billion. Residential starts spent a second year in contraction, falling by 3.8% in 2019, with both the single and multi-family segments slipping. Nonresidential starts rose by 5.3% supported by groundbreaking for several large factories. Civil engineering starts increased by 15.9%, supported by new power infrastructure projects, particularly in Q3 2019.
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of January 20 - 24, 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.
America’s Jobs Jump an Impressive +225,000 in Latest Month U.S. jobs creation in January, on a seasonally adjusted (SA) basis and as calculated by the Bureau of Labor Statistics (BLS), was a strikingly good +225,000. While +225,000 was down somewhat from the +269,000 figure for January of last year, it was well ahead of 2019’s monthly average of +175,000.
Looking for a massive funding document that describes hundreds of upcoming opportunities? Look no further than the new National Defense Authorization Act (NDAA) document that President Trump signed on December 21.