In response to a national unemployment rate that is presently as low as it has been in fifty years, − although it was matched on occasion in 2000 − the Federal Reserve on June 13th upped its key policy-setting interest rate for the second time this year by 0.25 basis points, where 100 basis points […]
Category: Blog Posts
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 11 – 15, 2018. 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 Five Star Credit Union – Two New Branches Location: Dothan, […]
All indicators point to a strong year for the construction industry. Most projections are that the growth will continue through 2021. However, there could be a glitch…and it could come from the public sector – the local levels of government, to be more specific. There are thousands of new local construction projects just waiting to […]
ConstructConnect announced today that May’s volume of construction starts, excluding residential activity, was $50.9 billion — a month-to-month change of +14.1%. The historical ‘seasonality’ improvement from April to May has been +8%. But it wasn’t the balmier time of year that drove May’s starts upward. Rather, the latest month was boosted by big hotel and […]
The accompanying table records the top 10 project starts in the U.S. for May 2018. 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 […]
An unlikely savior has emerged to fix America’s crumbling roads: Domino’s. The pizza chain recently launched their “Paving for Pizza” campaign to repair potholes in select cities across the country. According to press release from the company earlier this week, “Cracks, bumps, potholes and other road conditions can put good pizzas at risk after they […]
Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of June 4 – 8, 2018. 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 Hickory Ridge Phase 3 Location: Birmingham, AL Building Use: Multi-Residential […]
To date in 2018, Canada has made no forward progress in total jobs creation. According to Statistics Canada, the latest month’s step back of -8,000 jobs has brought January-to-May’s result to a disappointing -49,000 jobs. During the first five months of last year, the average monthly change in total employment was +28,000 jobs. The comparable […]
Pioneering your own construction business can often require jumping over more hurdles than most other businesses, simply due to the hazards associated with the job. Aside from ensuring your business is licensed and insured, managers and entrepreneurs also need to face the grueling task of understanding and complying with the Occupational Safety and Health Act […]
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