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Commercial Construction Industry Trends: The “Highs” and “Lows” that Shaped 2019

HardHatChat

With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. Even as the labor situation improves, it’s being outpaced by a high commercial construction activity level across the country.

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Non-Residential Construction Market Still Faltering

Job Order Contracting

Nonresidential construction has dropped 25% since 2020, while residential construction has boomed. Overall, however, the construction industry in in recovery. Average commercial construction costs have increased 4.5 Construction employment. August 2020: 7.6%. August 2020: 7.2M.

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Commercial work boosts construction new orders

Construction Enquirer

Commercial building and civils work helped construction output rise in May despite a continuing drop in the house building sector. The bellwether S&P Global/CIPS UK Construction Purchasing Managers’ Index registered 51.6 Construction companies remain upbeat about their growth prospects for the year ahead. ” .

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Legalized Marijuana: Opportunities and Impact for Commercial Real Estate and Construction

HardHatChat

A version of this post was published in Illinois Real Estate Journal as a byline article from Englewood Construction. Earlier this summer, Englewood Construction’s home state of Illinois passed a bill making it the 11 th state in the U.S. to legalize the use of recreational marijuana. Timing Is Everything.

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Infrastructure Study Finds Inefficiencies & Opportunities for Design-Build

Construction Business Owner

Travelers, the second-largest writer of United States commercial property casualty insurance and the largest writer of surety bonds in North America, has released the findings of a new infrastructure study that followed 224 heavy civil construction projects from 2004 to 2020. Fri, 01/28/2022 - 08:30.

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3 Ways You Can Generate Better Leads From Your Website

Construction Business Owner

Thu, 07/23/2020 - 15:19. In April 2020, the search term “construction companies” was searched on Google (in the United States) 40,500 times. Commercial general contractors” was searched 1,600 times and “hotel contractors” was searched 140 times. 3 Ways You Can Generate Better Leads From Your Website. Kathy Wells.

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Your Favorite Construction Junkie Articles in 2020

Construction Junkie

2020 is finally in the rear view mirror – although many of its battles are still being fought – but that doesn’t mean there weren’t some good things. Below were your favorite 10 Construction Junkie posts from 2020: 1. Below were your favorite 10 Construction Junkie posts from 2020: 1.

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