Construction has been one of the slowest industries to adopt technology. That’s partly cultural—folks in the industry like to solve problems with their own ingenuity. Many firms are still family owned, and there’s still a lot of reverence for tradition. Finally, this is an industry with thin margins, where the first funding priorities are equipment and […]
Category: Blog Posts
GDP’s Underpinning from Housing Starts Weakens The housing starts numbers that analysts key on are monthly ‘actual’ figures, in units, that have been seasonally adjusted and annualized (i.e., extrapolated to yield a yearly total). The acronym for such a calculation is SAAR − i.e., seasonally adjusted at an annual rate. Based on demographic factors (e.g., […]
Three Countries in Front Rank of Trade with U.S. Three countries compete for preeminence in foreign trade with the United States. Not surprisingly, they are the two neighbors on either side of the U.S., Canada and Mexico, and the nation with the second largest (behind America) gross domestic product (GDP) in the world, China. The […]
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 17 – 21, 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 Hoover Shops / Hoover Location: Hoover, AL Building Use: Retail […]
Developing effective communication is essential to the success of any work environment. Communication is especially crucial on construction sites where safety, productivity, and efficiency are of the highest priority. To make sure your construction site is as safe as possible, follow these simple tips to keep your crew consistently on the same page so they […]
Contractors are increasingly adopting new technologies to give themselves an edge over the competition. According to a recent study from USG Corp. and the U.S. Chamber of Commerce, 74% of contractors expect to adopt advanced technology within the next three years. The majority of them are doing so to increase labor productivity. What kinds of […]
Immediately prior to the midpoint of 2019 − and where did the front half of this year go, you may well ask, since it went by so fast − there are the following economic nuggets from various private and public sector firms and agencies to be aware of and mull over. Consumer Spending Becomes Lethargic […]
The accompanying table records the 10 largest construction industry project starts in Canada in May 2019. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the civil and non-residential building categories in Canada. There are several reasons for highlighting upcoming large projects. Such jobs have often received a […]
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 10 – 14, 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 Tire Discounters – Hampton Cove / Huntsville Location: Huntsville, AL […]
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. airport construction – groundbreaking and upcoming stages. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for […]
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