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.
Almost Half of 2019’s Mega Project Initiations Were in the South U.S. countrywide construction starts in 2019 had a greater than normal weighting of 'mega' projects. ‘Megas’ are projects valued at $1.0 billion or more each.
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Total U.S. Construction Spending Stayed Stuck at $1.3 Trillion in 2019 As the sum of its monthly not seasonally adjusted (NSA) figures, the Census Bureau has calculated that total U.S. put-in-place construction in 2019 was $1.303 trillion. The total dollar volume last year was -0.3%, or flat, compared with 2018. (2018 had been +3.3% relative to 2017.)
A new decade has begun, and the next ten years are sure to bring advancements in the construction industry that we cannot even begin to imagine. On a smaller scale, trends that are already in the works are likely to evolve and become more common in 2020, and along with the emergence of new trends, these advancements will likely shape the construction industry and how it functions moving forward. Increases in efficiency, sustainability, safety, and more are on the horizon. Below are some construction trends to watch out for in 2020.
What’s the Fascination with Stock Markets? There are publicly-traded companies engaged directly in the construction industry, and others with close ties to the construction sector, that have obvious reasons to be interested in how stock markets are performing. As just one example, executives of such firms may have compensation packages that rise commensurate with increases in their companies’ share prices.
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.