The amount of technology available geared specifically toward the construction industry is mind-boggling. There’s drones, robots, smart hard hats, wearables, ruggedized smartphones and tablets, and 3D printers. Soon we’ll have autonomous (self-driving) heavy equipment hitting construction sites. Not to mention the hundreds of software and mobile applications available for nearly every aspect of running a […]

Construction projects run on strict deadlines, keeping up with client demands, weather changes, missing supplies, and other problems to complete on schedule. A disruption can throw a figurative wrench into the works, making the job that much harder. What are some of the most common sources of disorder, and what can company owners and supervisors […]

Central bank policy-setting interest rates in the U.S. and Canada are currently becalmed. The Federal Reserve’s federal funds rate is presently in a range of 2.25% to 2.50%; the Bank of Canada’s overnight rate is 1.75%. As 2018 wound down, yields appeared set for further hikes. Share prices, homebuilding, and general spending levels all reacted […]

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of April 8 – 12, 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 Nathan’s Ridge Location: Wetumpka, AL Building Use: Multi-Residential – Apartments […]

After disappointing ‘groundbreaking’ results in the first two months of 2019, March delivered a solidly upbeat change. ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $35.0 billion (green shaded box, Table 3 below), an increase of +42.6% versus February, and way above the usual gain as winter makes […]

Municipal leaders throughout the country are focusing lots of attention on convention centers. That’s because convention-related business contributes millions to city coffers. Two years ago, communities in the United States with convention centers shared in $845 billion in revenue generated by the meetings industry along with $104 billion in tax receipts. New data shows a […]