construction industry trends

Construction Industry Feb Starts: We Get By With a Little Help From Our (Manufacturing) Friends

The total construction industry starts increased nine percent in February 2022. The new construction of three “large manufacturing facilities” boosted nonresidential building starts up 32%. Without the large manufacturing projects, total construction would have declined six percent in February, according to Construction Business Owner magazine. The manufacturing facilities are: $10 billion – Intel chip fabrication plants/Chandler, […]

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Construction Industry: Winning the 21st Century

Construction industry contractors are ready to “hit the ground running” toward implementing the largest long-term investment in our country’s infrastructure in 100 years. But many construction professionals say it’s too soon to begin counting your money. The historic Bipartisan Infrastructure Law will rebuild crumbling roads and bridges, replace lead pipes…and produce concrete results that changepeople’s

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Construction Industry Sees Decline in Commercial Investments

The recent construction industry slump in nonresidential structures is blamed on decreased demand, labor shortages, and the rising costs of materials. During 3Q 2021, project owners began postponing projects. The spending dropped most noticeably in lodging and public safety construction industry projects. Other Factors Impact Temporary Construction Industry Nonresidential Slump There are other factors at

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Construction Industry Success Through DE&I

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.

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Higher-Priced Materials Impacting Construction Industry

The price of lumber for new-home construction is going “through the roof,” so to speak. But construction industry contractors that were thinking metal-insulated panels on that roof might be cheaper are thinking twice. Prices of lumber and steel saw as much as a 25% increase in February 2021. Within the construction industry, single-family housing starts

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Construction Industry Trends and Tools

“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

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Construction Industry Trends: Health, Safety, Money, and More

Last year was interesting, to put it mildly. But 2021 is shaping up to be a different kind of interesting. Here are some construction industry trends that will very likely affect your business this year. 5 Post-Pandemic Construction Industry Trends That Will Impact Your Business Air handling – Is Covid-19 an airborne virus? It doesn’t

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The 3 Ps of Construction Digital Transformation

Construction Monitor sorts building permit data into actionable information for your area and your business development requirements. We are proud to have been a part of digital technology for the construction industry and industry-related businesses for so many years. Our software statistics were some companies’ first experience with the construction digital transformation process. How Do

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