Construction Industry Success Through DE&I

construction industry

The construction industry is better-managing workplace diversity. And construction companies are changing their internal cultures to promote an attitude of acceptance and respect for our differences. Diversity, equity, and inclusion (DE&I) is a workforce initiative for which McCarthy Building Companies Inc. has developed a model. The company recently appointed a DE&I vice president, Kamecia Mason.

Benefits of DE&I for Construction Industry Companies, Communities

Diversity, equity, and inclusion…is a phrase that broadly outlines the efforts an institution takes to create a more welcoming environment for people of less-privileged identities. This can mean working to ensure your upper management is not fully comprised of white men or implementing mentorship opportunities for young professionals of color in your workplace. …(These efforts) seek to create meaningful, systemic change toward more equitable environments.YW Boston

Mason has leadership experience in promoting cultural enhancement and community engagement. She says getting back to the basics of community support is one of the foundations upon which construction companies can build DE&I.

“Community” is not all about employing minority local workers or supporting a Little League team this summer (although that’s always a great thing to do!). It’s also about observing supplier diversity as well.

Recent studies reinforce the benefits of diversity, equity, and inclusion for the construction industry as well as others:

  • Companies implementing diversity programs are 70% more likely to enter new markets.
  • Companies with little-to-no diversity are 29% less likely to see above-average profits.
  • Diverse boards deliver 95% more return on equity than traditional boards/councils.
  • Gender diversity improves financial performance.
  • Inclusions and diversity initiatives generate 19% higher employee retention and loyalty.

Targeted Information-Sharing Is Our Purpose

Construction Monitor’s goal is to provide relevant information to construction industry businesses like yours. Our blog is a vehicle for sharing useful information. But our business is sharing customized analytics based on building permit data.

We know every company’s information needs are diverse, so that’s why we request you tell us what you need; what will serve your business best.

Tell us by contacting Construction Monitor today.

Is a Paperless Construction Industry Possible?

electronic documents paperless construction

“I bought a house in Texas, sold a condo in Denver and never once met buyers, sellers, or had to go to a bank to sign papers,” said a new homeowner. Electronic contracts and signatures have revolutionized the real instate industry.

The construction industry has been slow to adapt to digital contracts and e-signatures. That’s no surprise; we’ve been historically slow to adapt to any technology. E-signatures have been in use over 20 years and they’re just now “catching on” in construction.

Construction Industry E-Sigs

Here’s the bottom line: The benefits outweigh the risks. “General contractors and construction managers, both of whom have integral roles in contract administration and project management, appear to be leading the implementation of e-signature technologies,” says Construction Dive.

The two most important aspects are speed and security. Contract execution is faster and more efficient. Any technology that reduces the manual-entry margin of error is one that is worth considering sooner rather than later.

How Digital Documents Enhance Project Management

Collecting signatures during some phases of pre-construction and construction can take a long time.DocuSign®

When surveyed, contract managers said the most difficult aspect of the job is locating the latest version of a document. When you go completely digital, revisions and changes can be more easily located.

Change orders can now take effect in hours, not weeks. One of the security enhancements includes code generation by SMS or email. Only the signatory receives the code and can then access and sign the document. All documentation can be “filed” in an easy-to-access, single source.

And digital documents can be integrated into project management and accounting software:

  • Blueprints
  • Change requests
  • Contracts
  • Lien waiver
  • Proposals
  • Purchase orders
  • RFIs
  • Subcontracts
  • Submittals

Construction Monitor: Business Transformation Data

A digital document is a readable, paperless document (invoices, contracts, etc.). An electronic document is pure data, transferred from one computer to another. You need an EDI (electronic data interchange) to “digitize” an e-document (make it readable).

Construction Monitor professionals work with pure data. We format it into something you can use. You receive a PDF (easy-to-read) or CSV (spreadsheet integration) format. But if you don’t use it, you’ll lose it (business leads, that is).

Read our User Manual or call us with questions.

Biden’s Budget Boosts Construction Industry

construction industry

On Friday, May 28, 2021, President Biden released his 2022 FY budget. It calls for $6+ trillion in spending that “reimagines how – and for whom – the economy works,” says Vox reporter Cameron Peters. Infrastructure spending and education are focal points.

“Trickle-down economics has never worked,” said Biden. “The best way to grow our economy is not from the top down but from the bottom up and the middle out.”

For the most part, Biden’s ambitious plan benefits our construction industry. But a 13% cut to the Army Corps of Engineers is coming under some scrutiny. But Veterans Affairs would see a 22% increase.

Rebuild Illinois Serves as Construction Industry Flagship

Also in May 2021, Illinois Governor J.B. Pritzker signed a $45 billion bill that is among the largest capital programs in the construction industry this year and the largest ever in Illinois. It’s also the first program that is multimodal. “Every aspect and mode of transportation in every part of Illinois will be touched by it,” says the Illinois Dept. of Transportation (IDOT).

The plan may create approximately 540,000 jobs. IDOT is also renewing efforts to revitalize the Disadvantaged Business Enterprise program in hopes of attracting more small businesses to the projects.

The project’s funding breakdown includes:

  • $25.3B – Roads, bridges
  • $4.6B – Mass transit
  • $1B – Rail
  • $679M – Miscellaneous transportation
  • $558M – Aeronautics
  • $492M – Create
  • $312M – Grade crossing protection
  • $150M – Ports

The total is $33.2 billion.

Making a Good Year Better

Hopefully, it’s truly been a happier new year for you. Your Construction Monitor subscription can make it better. Our basic, free information includes:

Most of us are “control freaks.” That’s how we got started in business in the first place. Control freaks say, “I don’t have time” a lot.

Sign on for a one-week free trial to access our subscriber information. If you don’t have time, someone in your organization is eager to grow your business. Look at your team closely to find that person. Then contact Construction Monitor.

Women in Construction Add Value to Our Industry

women in construction

It’s an old phrase but it really puts the HIS in history: “The good old boy network” or “club” enabled White men to keep financial development opportunities within their network. Any woman or person of color that wanted to join the club quickly discovered membership was exclusive, not inclusive.

Let’s make a better historical legacy for all of us.

Mentoring Builds Future of Women in Construction

With the competition for talent becoming increasingly demanding, women in construction can be the solution to our industry’s skillset-shortage.

These women are making history today by providing mentoring and networking opportunities for women in construction:

  • Antonya Williams is executive vice president at McCarthy Building Companies. She has mentored women in construction throughout her career and has served on the leadership committee for the McCarthy Partnership for Women (MPFW) as well as New Pathways for Youth, a mentorship program in Phoenix, AZ.
  • Cindy Frank became a carpenter in 1979 when women in construction were an anomaly. Frank is organizing Sisters in the Brotherhood, a division within the carpenters’ Local 945 in Missouri of which she serves as president.
  • Ellen Ward is a human resource manager at Joeris General Contractors. She is co-chairing the Building Capacity program/African American Community Fund and working on the HEB Supplier Diversity Construction Council.
  • Kathryn Hart co-founded the Building Women in Construction student organization at Virginia Tech University. She is a superintendent at Trinity Group Construction.
  • Kim Roy mentors women at HITT Contracting of Virginia, where she created a training and development program that includes development in business etiquette, emotional intelligence, ethics, and financial planning.
  • Lizan Gilbert mentors women engineering students at University of Texas. She’s a founding member of Women In Tunneling, a segment of the Society for Mining, Metallurgy & Exploration. She currently works as a preconstruction executive for Guy F. Atkinson.
  • Pam Hummel has served women in construction as a mentor and leader for over 15 years. She assisted in founding CFMA (Construction Financial Management Association) Diversity & Inclusion Task Force of Orange County, CA. Pam is an executive vice president of Briq.
  • Sonya Walton is the economic inclusion vice president of Messer Construction Co., OH. Over the years, she’s taken the company’s Minority- and Women-Owned Business Enterprise program spend to $278 million by 2020.

Expand Programs: Include Skilled Women in Construction

It was 2016 when Construction Monitor noted the reduction of women in construction apprenticeship positions. We’ve seen a lot of improvement but the barriers that existed then are still in place today.

The change begins with you. Expand your current programs to include women in construction.

Is your marketing development hitting a wall? You can put technology to work for you. Building business leads begins with building permit information. Contact Construction Monitor for more information.

Commercial Spending, Infrastructure Boosts Engineering and Construction Industry

construction industry

In 2020, while many businesses floundered, Dollar General’s sales increased by 16.3%, and operating profits grew to $3.6 billion. Dollar General announced it will add 1,050 stores in 2021, with plans to double the size of its current 17,000 stores. The two designs feature 8,500 and 9,500 square feet. In 2021, about 700 stores featuring the larger design will sell produce and meat. Self-checkout stations will also be included.

Dunkin’ Donuts opened its thousandth “Next Generation” restaurant in March 2021. The store’s design meets DD Green Achievement status for energy savings by using sustainable materials. Efficiency elements include LED lighting, low-flow faucets, and energy-efficient equipment.

And Shoe Carnival plans massive renovations for 2021.

“An uptick in public and commercial spending” could make 2021 a profitable year for the construction industry, says Deloitte. Retail expansions and development will feature prominently, but another factor influencing construction industry developments is digital investment.

Construction Industry To See $3-4 Trillion Infrastructure Proposal

President Biden was scheduled to release details of a huge infrastructure proposal on March 31, 2021. The proposal should include “significant investments to repair roads, bridges and railways, as well as other key elements of an aging and, in some places, dilapidated US core infrastructure system,” said CNN.

Digital Data and Your Construction Industry Business

Our software statistics were some companies’ first experience with the construction digital transformation process. David Mineer

National construction industry news impacts every one of us. Just as some companies are growing, expanding space and operations, some engineering and construction firms are thriving in their local markets. We believe those companies invest in digital information to develop marketing leads and better-manage projects.

We learned from 2008. We learned from 2020. If you aren’t sure how Construction Monitor’s presorted building permits and construction industry data can benefit your company, please ask us. That’s how you learn.

Construction Trends for Repurposing Malls

construction trends

In 1956, the first U.S. mall opened in Edina, Minnesota. There are entire generations that spent formative years in shopping malls. And construction trends for more malls kept many companies busy for many years.

Over 50% Of Department Stores in Malls Predicted to Close By 2021

U.S. Retail Vacancy Rate May Rise To 7-Year High After Record Store Closings

Macy’s closing 45 More Locations in 2021: What Will Malls Do?

Mall Construction Trends: Now What?

As of 2020, Macy’s was malls’ biggest tenant, and Macy’s has a 3-year plan to shut down 125 stores by 2023. Who’s going to replace Macy’s? It’s silly for mall operators to expect another retail chain to fill the void Macy’s will leave, says financial professional Maurie Backman.

There they sit. Plenty of parking, acres and acres of space. Before they become retail graveyards, what can we do? What can we develop?

Repurposing Ideas

The first and foremost repurposing idea is to develop medical spaces. Vaccination sites dominate, but pandemic mass inoculation may be a temporary event. Healthcare providers are considering mall spaces for primary care offices, specialty care centers, or oncology treatment facilities.

Other ideas include:

  • Churches – Some churches are saying “Hallelujah!” as they take ownership of mall sections. Plus they have room to grow.
  • Gamer sites – Epic Games bought a Cary, NC mall and intends to convert the property. Its entire campus will serve as global gamer headquarters for offices and community space.
  • Offices – If your company is paying rent for several office spaces, centralization can save money.
  • Warehouses – E-commerce/retail fulfillment is big business and even Walmart is seeking space solutions. Modular warehousing can be built inside or added-to a mall space.

Construction Monitor: The Tool for Trend-Setters

Reconfiguring mall spaces will be the construction trend to watch. Or you can be one of the drivers.

Construction Monitor is the nation’s leading source for construction trends. Use our building statistics to develop real-time leads. We’ll show you how.

Call 800.925.6085 (International/435.586.1205) or contact us to learn more about ways to use building permit data.

Construction Industry Trends and Tools

construction  industry trends

Construction-specific tools are taking over,” says construction content writer Anastasios Koutsogiannis. And he’s talking about data analytics, digital solutions, and software. Construction industry trends for better project management will be taking us cloud-high this year.

One Project, One Data Source

Project managers say they spend 40% of their time in meetings, on phone calls, or writing after-the-fact reports. A single data source consolidates everything and reduces your miscommunication margin of error substantially.

If you think in spreadsheet-speak, think of a centralized data source as one spreadsheet with lots of tabs. Centralized project communications – all the project information from every source – will save time and money like never before.

Integrated planning will gather all the sources of data – your team’s different project management software outputs – and pull them into one, manageable place. It’s not easy at first, but it’s absolutely key to better project management.

Safety, Quality Focus

The new administration asked OSHA (Occupational Safety and Health Administration) “to determine whether to establish an emergency temporary standard to keep workers safe from COVID-19.” President Biden is also requesting OSHA to target and penalize worksites that do not adhere to safety protocols in 2021.

In 2020, the Labor Department/OSHA issued $3,930,381 in coronavirus violations; failure to comply:

Look for ways to link the quality of work and safety directly to phase one project planning. It minimizes waste, delays, and improves overall quality.

We’ve Got Information You Need on a Need-To-Know-Basis

You can make informed decisions when you get the right information. Construction Monitor is the nation’s leading source for construction industry trends.

Our information can drive your marketing this year and beyond:

Call 800.925.6085 (International/435.586.1205) or contact us today to learn more about using business permit data to increase business opportunities.

Construction Industry Trends in U.S. Cities

construction industry trends

Finding new ways to maximize profits will be one of the construction industry trends you should explore this year. And maybe partnering with other companies can be the key to better business.

Here are five top metro areas for 2021 construction:

1. Austin – The Heart of Texas

Construction projects in Austin were affected by the pandemic. Some jobs simply ended or were put on hold indefinitely. Still, construction industry trends are bringing more contractors to Austin. Residential construction is driving most company business. One of the most notable large projects is the $338 million University of Texas Moody Center Arena.

2. Chicago Has Global Reach

Data centers are among the construction industry trends impacting Chicago in many ways. “With so many businesses turning to online work, there’s more than just the demand for data driving construction,” says Andy Stapleton of Mortenson Company. Chicago is becoming a distribution hub for online purchases, and the number of higher-education facilities near Chicago provides plenty of employee pools.

3. Down in Miami, Construction Is Up

The Magic City has a higher quality of life, reasonably low property taxes, no state income tax, and the best weather in the country. Peter Tuffo of Suffolk Construction says construction industry trends in Miami are brisk, thanks to year-round work. Some in-the-works projects include:

  • Condominiums
  • K-12
  • Luxury living accommodations
  • Market-rate rentals
  • Tourism-related cruise terminals

4. Seattle Remains Positioned for Growth

Construction spending is down, but hopes are high in Seattle. The need for office space pre-pandemic has not resumed, and one project, the Washington State Convention Center, currently suffers a financing shortfall. “Renewal comes in all shapes and sizes,” says Eric Olsen, Clark Construction.

5. Shuffle Off to Buffalo

“Buffalo has everything a great city needs,” says Richard Cavallaro, Gilbane Building Co. These include an airport, public transportation, reasonable cost of living, and cultural opportunities. Several companies are looking to invest in affordable housing new builds for this New York state community.

Using Data To Analyze Construction Industry Trends

Building permit data isn’t exactly new information, but ways to use it continue to evolve. What kind of data would help your business this year? Let us know. Contact Construction Monitor today.

Women in Construction: Getting Out of The Office

women in construction

The total employment of women in construction is very low, 10.3% in 2020. And most of those jobs are front-office, not front-lines.

Of all the women employed in construction, 45% of them are in office or administrative roles. An average jobsite has one woman on-the-job for every 100 men. But 44% of the 100 top construction companies’ executives are women; that’s a good percentage.

Help Wanted: Women in Construction

Here’s to strong women.
May we know them. May we be them.

May we raise them. -Michelle Obama

Obstacles women face on the jobsite include:

  • Discrimination
  • Exclusion
  • Fewer management role models (other women) available
  • Fewer opportunities for advancement
  • Gender pay gaps
  • Greater risk for injury from poor-fitting safety equipment

The construction boom we’re anticipating will hit hard in 2022 with about two million new jobs predicted. We’ll face a shortage of skills like never before.

Smart companies will begin the push-to-hire now, if at all economically possible. And studies show that more diversity – women in construction – improves a company’s profitability by 25%.

Recruiting women is possible if you emphasize training programs and support mentorship. You might consider designing a construction boot camp for girls this summer.

Some of the organizations for women in construction include:

And many states have their own organizations for women in construction. Check the web to learn more.

Women in Construction Week March 7-13, 2021

Now Through Feb. 12, 2021, you can nominate yourself or a co-worker for Construction Dive’s recognition of top female leaders in construction. Categories include:

  • Industry veteran – More than 25 years in the construction industry
  • Mentor
  • Other
  • Rising star – Under the age of 30
  • Tradeswoman leader
  • Up-and-coming leader – Over the age of 30

Change Begins With You

Construction Monitor follows industry change so we can better support your company. You can study employment trends with Construction Monitor building permits’ analytics. Or you can develop sales leads and become the change we’re following.

Contact us today.

Infrastructure Heavy Construction

Infrastructure Heavy Construction

Infrastructure construction is under the “heavy construction services” umbrella. Infrastructure projects develop and repair or maintain services (often serving the public), facilities, and large systems.

Eight Types of Infrastructure Construction Services

Sometimes governments and private-sector companies collaborate on a large infrastructure project. Despite second-quarter losses, U.S. infrastructure construction services are expected to show growth for 2020.

Types of North American infrastructure projects you may be working include:

  1. Aviation – In 2019, the DoT (Department of Transportation) awarded $840 million in infrastructure grants to U.S. airports. Much of the projects focus on bringing older airports up-to-date, as well as renovating run-down runways.
  2. Bridges – Almost every day, we and millions of others access highway bridges. It’s no small concern that more than 54,000 bridges in the U.S. show structural damage and deterioration. The federal report said it may take more than 80 years to repair them.
  3. Communications – This sector of infrastructure construction services is all about technology. Connecting our country using WiFi, cable, cloud, and satellite technologies generate new jobs every year.
  4. Power/Energy – Our electrical infrastructure is one of the largest in the world. (We have over 160,000 miles of power lines.) Wind and solar energy are among the leading energy alternatives in the U.S., so infrastructure construction services are much-in-demand to develop and maintain these sustainable structures.
  5. Railroad – Bridges, track layout, and tunnels are infrastructure construction projects that safeguard rail transportation in our country.
  6. Roads – In 2017, there were 4.18 million miles of road in the U.S. Infrastructure construction for roads designs, repairs, and maintains mass transit systems. Principal materials used are:
    1. Aggregates
    2. Asphalt
    3. Cement
    4. Concrete
    5. Steel
  7. Water – Construction infrastructure projects include creating and maintaining EPA-approved drinking water facilities as well as waste/pollution treatment and recycling sites.
  8. Waste – These construction services create facilities and tanks to store, treat, and improve the environment by eliminating hazardous materials.

Marketing Made Easier – and Better

Not all of us in construction services can be billion-dollar infrastructure stakeholders. But you can run your business like a Fortune 500 company when you utilize Construction Monitor building permit data analytics to drive your marketing.

Contact us. We’ve got the tools your marketing strategy can use.