This Nuggets report is being written on Valentine’s Day, so let me begin by expressing my hope that you, my valued reader, and your special someone share moments today that are truly memorable. Okay, with that out of the way, and thoughts of roses and chocolates dancing in my head, let’s move on to the […]
Category: Blog Posts
The accompanying table shows 20 of the largest upcoming Toronto, Ottawa, Montréal and Vancouver, Calgary, Edmonton construction industry 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 […]
Construction spending in various type-of structure categories is driven by economic circumstances within specific industrial subsectors. For example, manufacturers set the pace in industrial construction. Good health in the leisure and hospitality sector provides the backing for new hotel and motel work. And jobs levels in information and financial services, as well as in more […]
There are 51 metropolitan statistical areas (MSAs) in the United States with population levels above 1 million. Drawing from ConstructConnect’s data pool for those 51 cities, Table 1 ranks the Top 25 markets in America for educational facility construction starts last year. (Map 1 showcases the Top 20.) Leading all cities last year was Washington, […]
ConstructConnect announced today that January’s volume of construction starts, excluding residential work, was $27.8 billion, a change of -6.7% compared with December 2018’s level of $29.7 billion. The latest month-to-month adjustment was in close alignment with the usual shift in starts volumes between December and January, due to seasonality, of -8.5%. Nonresidential starts in January […]
The accompanying table records the top 10 project starts in the U.S. for January 2019. There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, […]
Clichés are often true and it is the case that a picture can be worth a thousand words. Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, […]
Growth and change are descriptors common to colleges and universities throughout the country. That’s where the focus is…but managing the two is almost impossible without an abundance of human effort and financial investment. It would be hard to find individuals anywhere who disagree with the importance of higher education, but public funding has not kept […]
The latest labour market statistics served up by Statistics Canada indicate a number-of-jobs increase year over year, in January 2019, of +1.8% and a nation-wide unemployment rate of 5.8%. In an earlier article ("Canada’s +67,000 January Jobs Number Launches Year on Fast Track"), there was discussion of industrial sub-sector jobs performances, along with commentary on […]
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of February 4 – 8, 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 Warrior Elementary School – One Story School Building Location: Warrior, […]