How to combat ongoing supply chain shortages in construction? Come equipped with options
Construction Dive
MARCH 13, 2023
Supply chain issues continue to plague the industry. Contractors must enact creative solutions to find a path forward.
Mon.Mar 13, 2023
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Housing Affordability: Why This Downturn Is Different
Pro Builder
MARCH 13, 2023
Housing Affordability: Why This Downturn Is Different ibush Mon, 03/13/2023 - 07:00 The current shortage of affordable homes is due to more than just undersupply in the market Tony L. Callahan, Contributing Editor We are currently in a housing downturn that will likely be followed by a recession. The Federal Reserve, which was slow to react to inflation, is now playing catch-up, launching an all-out effort to tamp it down by raising interest rates.
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Jacobs wins $249M Navy contract
Construction Dive
MARCH 13, 2023
The contractor will provide multidisciplinary architect-engineer services at numerous Navy and Marine Corps installations in the Southwest.
112-year-old Train Depot finds new glory in renovation
ENR Construction
MARCH 13, 2023
When the Michigan Central Station was constructed in 1913, passenger rail reflected Detroit’s booming role in the industrial revolution, with historical records indicating that the structure was the tallest station of its time.
Leading the Way in Construction EHS Software
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The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.
Use your head: Traditional hard hats versus safety helmets
Construction Dive
MARCH 13, 2023
Why companies in the construction industry are making the switch from traditional hard hats to safety helmets.
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These Resources Can Help First-Time Buyers Achieve Homeownership
Pro Builder
MARCH 13, 2023
These Resources Can Help First-Time Buyers Achieve Homeownership ldeakins Mon, 03/13/2023 - 11:16 For years, first-time buyers have been bogged down by soaring housing costs and fierce competition, but these programs could offer a more affordable starting point First-time homebuyers accounted for just 26% of all home purchases in 2022, the lowest level in 41 years.
Washington University School of Medicine spearheads new projects
ENR Construction
MARCH 13, 2023
Washington University School of Medicine builds new neuroscience center, cancer center and lab for studying COVID and other infectious diseases.
Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season?
Pro Builder
MARCH 13, 2023
Will Rising Mortgage Rates Undermine a Market Recovery Ahead of the Spring Buying Season? ldeakins Mon, 03/13/2023 - 11:23 Dwindling supply and rising borrowing costs are backing prospective buyers into a corner just as the spring market heats up Mortgage interest rates climbed to 6.73% for a 30-year fixed-rate mortgage during the week ending March 9, a tough blow for prospective buyers hoping for an improvement in affordability after a series of rate hikes at the close of 2022.
Intuitively manage all your project information in a single place
BD+C
MARCH 13, 2023
Intuitively manage all your project information in a single place 1 kcichowicz Mon, 03/13/2023 - 09:50 Get better control of design scope, design deliverables and design quantities — from pre-planning through turnover.
Optimize Operational Processes With an Industry-Specific ERP
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As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.
Luxury Home Sales Are Plummeting in These Pricey Metros
Pro Builder
MARCH 13, 2023
Luxury Home Sales Are Plummeting in These Pricey Metros ldeakins Mon, 03/13/2023 - 11:32 Sales of luxury homes are falling nationwide amid persistent affordability challenges, and these metros are seeing the most substantial slowdowns Luxury home sales fell 45% during the three months ending Jan. 31, 2023, compared with the same period one year ago, led by substantial drops in Miami and Long Island, N.Y.
CASE STUDY: How Closed Angle Corner Bead Boosts Speed, Reduces Waste
BD+C
MARCH 13, 2023
CASE STUDY: How Closed Angle Corner Bead Boosts Speed, Reduces Waste 1 kcichowicz Mon, 03/13/2023 - 10:23 Frustrated with metal bead, this Jacksonville contractor chose Trim-Tex's Closed Angle corner bead to use in 1,000 properties a year.
Asking Rents Post Smallest Increase in Nearly Two Years
Pro Builder
MARCH 13, 2023
Asking Rents Post Smallest Increase in Nearly Two Years ldeakins Mon, 03/13/2023 - 11:06 The median asking rent is at its lowest level in a year as persistently high housing costs quell demand, but experts say rents could soon bottom out Rents slowed on an annual basis for the ninth straight month in February, rising just 1.7% year-over-year to $1,937, the smallest increase in two years and the lowest level recorded in a year, Forbes reports.
Midwest People: March 2023
ENR Construction
MARCH 13, 2023
Updates about construction professionals in the Midwest region.
The Ultimate Procurement Software Buyer’s Guide
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Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?
New “Game Changer” for Glaziers
Safti First
MARCH 13, 2023
New “Game Changer” for Glaziers When SuperClear 45-HS (hose stream) and SuperClear 45-HS-LI (hose stream, low-iron) were introduced in January 2019, we knew that it would be another SAFTI FIRST “game-changer”. Architects, glaziers and building owners no longer had to settle for unsafe wire glass or expensive, tinted filmed and laminated ceramics. One look at SuperClear 45-HS and SuperClear 45-HS-LI and you can see why these products disrupted (and continue to disrupt) the 45 minute fire protecti
$1.5 B airport terminal opens in Kansas City
ENR Construction
MARCH 13, 2023
A new airport terminal opens to replace ones from the 1970s.
Construction Job Openings Fell 50% From December to January
Pro Builder
MARCH 13, 2023
Construction Job Openings Fell 50% From December to January ldeakins Mon, 03/13/2023 - 11:38 A 50% decline in construction job openings has the industry's leading economists scratching their heads. Here's what may be driving the sudden slowdown The total number of open jobs in the U.S. reached 10.8 million in January, but that growth wasn’t driven by the construction industry.
Bechtel-Enka JV Picked for Sections of Pan-Europe Road Corridor
ENR Construction
MARCH 13, 2023
Firms'' contract, reportedly worth $1.4 billion, was awarded for North Macedonia work after a 2021 law effectively eliminated competition for the work.
Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business
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Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.
Rising Construction Costs Prompt Delay for UK's HS2 High-Speed Rail Project
ENR Construction
MARCH 13, 2023
U.K. officials say the start construction of a 37-mile section will be put back by two years amid inflationary pressure and increased project costs.
Rising Costs Prompt Delay for UK's HS2 High-Speed Rail
ENR Construction
MARCH 13, 2023
Construction of a 37-mile section from London north will be pushed back two years amid inflationary pressure and increased project costs.
Study Shows Local Preference Bid Laws Favor Keeping Money and Business Close
ENR Construction
MARCH 13, 2023
Bechtel-Enka JV Picked for North Macedonia Sections of Pan-European Corridor
ENR Construction
MARCH 13, 2023
The contract, reportedly worth $1.4 billion, was awarded after a 2021 law effectively eliminated competition for the work.
The Specialty Contractor's Guide to Job Cost Accounting
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Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!
Megaprojects give Substantial Boost to New York Market
ENR Construction
MARCH 13, 2023
The 20 largest regional projects to break ground in 2022 had a boosted combined construction value of $25.2 billion.
ENR Midwest 2022 Top Starts: Regional Top Starts Demonstrate the Market’s Resilience
ENR Construction
MARCH 13, 2023
Contractors facing uncertainties caused by inflation, supply chain delays and labor shortages.
March 2023 City Scoop: Kansas City
ENR Construction
MARCH 13, 2023
Rich data from Dodge Data & Analytics for the Kansas City area.
March 2023 City Scoop: Detroit
ENR Construction
MARCH 13, 2023
Rich data from Dodge Data & Analytics for the Detroit area.
Report: Optimism for Construction Growth in the Next Year Remains High
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Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!
Alaska $8B Willow Oil Project Gets Biden OK With Scaleback
ENR Construction
MARCH 13, 2023
Construction of ConocoPhillips project will proceed, but scope cut from five planned drilling pads to three, with the Interior Dept. also proposing new limits on protected Arctic region energy development.
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