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 […]

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 […]

Construction spending rose to a record-high seasonally adjusted annual rate of $1,310.4 billion in April. This is a 1.8% increase from March’s estimate which was revised up from $1,284.7 billion to $1,286.8 billion. February’s estimate was revised up again from $1,306.4 billion to $1,309.2 billion. April’s estimate is up 7.6% from a year ago when […]

Last week, ConstructConnect announced the acquisition of SmartBid, a construction bid management platform, from JBKnowledge. The combination of ConstructConnect’s iSqFt bid management platform with SmartBid creates a win-win scenario for customers. The combination of the iSqFt and SmartBid creates a larger network of construction professionals, both of general contractors looking for subcontractors and of subcontractors […]

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at some of the things they like about construction prospects for the remainder of the year […]

The Architecture Billings Index (ABI) was at 52.0 in April, one point higher than the 51.0 recorded in March.  This marks the seventh consecutive month of growth for design activity according to the latest report from the American Institute of Architects (AIA). Growth for demand for design activity had been slowing over the past couple […]

Construction spending fell to a seasonally adjusted annual rate of $1,284.7 billion in March. This is 1.7% below February’s estimate which was revised up significantly from $1,273.1 billion to $1,306.4 billion. January’s estimate of $1,272.2 billion was also revised up again to $1,294.0 billion. Despite the monthly drop, construction spending in March 2018 was up […]

Construction spending rose to a seasonally adjusted annual rate of $1,273.1 in February. This was just 0.1% above January’s estimate which was revised up from $1,262.8 billion to $1,272.2 billion. December’s estimate was also revised up from to $1,262.7 billion to $1,272.6 billion. Construction spending for February 2018 was 3.0% higher year-over-year compared to the […]

The Architecture Billings Index (ABI) delivered a solid score of 52.0 in February. This is down a bit from January’s score of 54.7, but still reflects an increase in demand for design services since scores above 50 indicate an increase in billings, while scores below 50 indicate a decrease. This makes the fifth consecutive month […]