Thu.May 19, 2022

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Homebuyer Competition Falls to Lowest Level in Over a Year

Pro Builder

Homebuyer Competition Falls to Lowest Level in Over a Year. ldeakins. Thu, 05/19/2022 - 10:52. Bidding wars are slowing across the U.S. as more buyers are priced out of home purchases by rising mortgage rates. Homebuyer competition saw its second consecutive monthly decline in April as surging mortgage rates prompt a growing number of buyers to drop out of bidding wars in some of the nation’s most popular housing markets.

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The Basics of Fall Protection

cnstrctr

Falls are one of the leading causes of injury in construction, understanding the basics of fall protection can help to prevent them on your jobsite.

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How New and Improved Data Strategies Can Help Builders Stay in Business

Pro Builder

How New and Improved Data Strategies Can Help Builders Stay in Business. ldeakins. Thu, 05/19/2022 - 10:58. Data resources offer a shortcut for builders to get ahead of market challenges to make more informed business decisions. Builders are seeking out innovative ways to increase efficiency amid relentless supply chain delays and frenzied market conditions, and one solution comes in the form of a smarter and more quantified data strategy.

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Women Cite Infrastructure Law, Energy Transition As Key Diversity Catalysts

ENR Construction

To boost women's career tracks as industry sectors grow, attendees shared creative approaches at ENR's Groundbreaking Women in Construction conference, held earlier this month.

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Leading the Way in Construction EHS Software

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.

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State Construction Unemployment Down in 45 States from Previous Year, Says ABC

Construction Superintendent Magazine

The not-seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. This considerable improvement occurred as cases of the omicron variant fell and many states began lifting some or all of their COVID-19 restrictions.

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Zillow Lowers Its Home Value and Sales Forecast for 2022

Pro Builder

Zillow Lowers Its Home Value and Sales Forecast for 2022. ldeakins. Thu, 05/19/2022 - 10:47. Home values and home sales are slowing as mortgage rates climb higher, but that doesn't mean the housing market is losing all of its steam. Zillow’s housing market forecast has been revised down for April after a drop in home sales caused by elevated mortgage rates.

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Ohio, Kentucky Seek Design-Build Teams for $2.8B Interstate Bridge

ENR Construction

State transportation officials estimate the design-build contract for the Brent Spence Bridge Corridor project will be worth $2.2 billion.

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Nonresidential Construction Employment Dips in April

Construction Superintendent Magazine

The construction industry added 2,000 jobs in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors analysis of data by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%. All of the job losses in the nonresidential sector came from the nonresidential specialty trade segment, which lost 6,400 jobs.

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How ITC Reduces Construction Disruptions and Delays With Digital Transformation

Autodesk Construction Cloud

ITC Group is one of India’s largest corporate groups and foremost private sector companies, employing over 20,000 people across the country. Its businesses cover a range of industries from FMCG and Hospitality, to IT services and Agriculture. The group’s Central Projects Organisation was tasked with delivering a new campus in an upcoming suburb of Kolkata, Rajarhat – a mixed-use project with IT and corporate offices, hotel, convention centre as well as residential towers.

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Optimize Operational Processes With an Industry-Specific ERP

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.

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Ohio, Kentucky Seek Design-Build Teams for $2.8B Interstate Bridge Project

ENR Construction

State transportation officials estimate the design-build contract for the Brent Spence Bridge Corridor project will be worth $2.2 billion.

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Optimizing Construction, Repair, Renovation, and New Build Outcomes

Job Order Contracting

Optimizing Construction, Repair, Renovation, and New Build Outcomes requires a robust programmatic process that is consistently applied and continuously improved. Let’s start with what methods will NOT WORK if used on their own… Design-bid-build. CPM. Last Planner / Last Planner System. Kaizen. CM@R/CM@Risk. Design-build. Blackbelt. Six sigma.

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Women Cite Infrastructure Law, Energy Transition as Key Career Growth Catalysts

ENR Construction

To boost women's career tracks as industry sectors grow, attendees shared creative approaches at ENR's Groundbreaking Women in Construction conference, held earlier this month.

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Residential Construction Slowed for the Second Consecutive Month in April

Pro Builder

Residential Construction Slowed for the Second Consecutive Month in April. ldeakins. Thu, 05/19/2022 - 10:41. Builders are slowing their pace of new home construction after demand from budget-conscious buyers dropped in April. New-home construction slowed for the second month in a row during April, revealing the widely anticipated impact of interest rate hikes from the Federal Reserve.

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The Ultimate Procurement Software Buyer’s Guide

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?

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Report: Michigan Dam Collapses Caused by Rapid Liquefaction of Embankment

ENR Construction

A final independent report from a forensic team backed by the Association of State Dam Safety Officials found that rapid, static liquefaction of earthen embankments caused the May 2020 collapse of the Edenville and downstream Sanford Dams in Michigan.

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Biden’s Housing Supply Action Plan Is Hopeful, But Its Future Depends on Congress

Pro Builder

Biden’s Housing Supply Action Plan Is Hopeful, But Its Future Depends on Congress. ldeakins. Thu, 05/19/2022 - 10:32. Biden's recently announced housing proposal offers a solution to fast-track new housing supply, but it first needs Congressional approval. President Biden’s Housing Supply Action Plan is prepared to tackle housing affordability as quickly and efficiently as possible, but the proposal can’t be put into action without legislative approval, which is far from guaranteed, Fast Company

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