The accompanying tables show 20 of the largest upcoming California and Florida construction projects in the U.S. 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, libraries and museums, sports and entertainment complexes, industrial projects and […]

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 […]

At the beginning of February, there was a great deal of volatility in the U.S. major stock market indices. They fell into ‘correction’ territory, which in ‘market-talk’ means they dropped by 10% from their peaks, before steadying and heading cautiously upwards again. Some of the initial downward movement was due to profit-taking, on the heels […]

Groundbreakings on several mega projects late last year lifted ConstructConnect’s 2017 total U.S. starts to +11.1% versus 2016, more than the +7.9% set out in the previous quarterly forecast. The out-front timing of those mega project starts also caused trimming of ConstructConnect’s expectations for 2018, which is now being projected at +3.0% year over year […]

From the turn of the century until the present, there have been nearly 20 years during which the age of both the general population and Canada’s workforce have been climbing. The impetus behind this shift in age structure has been the exceptional level of births that occurred after the Second World War – i.e., the […]

This report was written by Abby Samp of Oxford Economics. Total construction starts in the US grew by 11.1% in 2017 to reach $760bn, a modest slowdown from the 13.2% growth posted in 2016. Civil engineering was the main driver of growth, boosted by a number of mega-projects in the airport, power and miscellaneous civil […]

In January, net new U.S. jobs creation was +200,000, according to the latest Employment Situation report from the Bureau of Labor Statistics. The +200,000 jobs figure was greater than the monthly average increase throughout last year of +176,000. The unemployment rate in the latest month stayed the same as in December, at 4.1%. Only rarely […]

The Census Bureau has just released its December 2017 put-in-place construction statistics. ‘Put-in-place’ as a concept captures work-in-process or progress payments as projects proceed. One chief benefit of having December results is that the full year now comes into better focus. Annual 2017 versus annual 2016 U.S. total construction spending was +3.8%. The +3.8% pick-up […]

As can be seen in Graph 1, there has been a dramatic shift in the composition of Canada’s total housing starts since the door opened on the 21st century. From the early 1980s through the early 2000s, single-family structures consistently accounted for about 60% of annual Canadian residential groundbreakings. Multi-family structures comprised only 40% of […]