Construction employment increases in 45 states
Construction Dive
MARCH 29, 2023
Contractors are declining to bid on projects because they don’t have enough workers, according to a new report.
Wed.Mar 29, 2023
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Led by Ready-Mix Concrete, Building Materials Prices Inch Higher
Pro Builder
MARCH 29, 2023
Led by Ready-Mix Concrete, Building Materials Prices Inch Higher ldeakins Wed, 03/29/2023 - 11:16 Ready-mix concrete prices are rising at a historic pace, and prices for other commonly used building materials aren't far behind After four consecutive monthly declines, the producer price index (PPI) for inputs to residential construction ex-energy rose 0.3% in February.
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IoT has massive upside, but data must flow first
Construction Dive
MARCH 29, 2023
Real-time data must be integrated to improve forecasting, quality control and risk reduction, experts say.
Why Digital Construction is Gaining Momentum in Washington D.C.
Autodesk Construction Cloud
MARCH 29, 2023
Earlier this month, I was in Washington, D.C. for policy conversations with U.S. government officials and industry leaders to discuss digital construction technology’s critical role in building strong and sustainable infrastructure. Momentum is increasing for the use of technology in how infrastructure is designed and constructed – propelled by the U.S. government’s investment in infrastructure to the tune of more than $1 trillion through the Bipartisan Infrastructure Law (BIL).
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.
Togal.AI raises $5M
Construction Dive
MARCH 29, 2023
After a funding round that included execs from Meta and Goldman Sachs, the firm plans to insert generative AI in its future product offerings, according to CEO Patrick Murphy.
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Microsoft plans $1B Wisconsin data center campus
Construction Dive
MARCH 29, 2023
The tech conglomerate could start construction work on the 315-acre site later this year, according to a release.
2023 1Q Cost Report: Construction Execs Are Wary, But Their Confidence Still Rises
ENR Construction
MARCH 29, 2023
With the economy so far navigating through recession risks, ENR’s Construction Industry Confidence Index shot up 11 points this quarter to a cautiously pessimistic 44 rating, with 68% of survey respondents seeing the current market as either stable or improving, up from 62.7% last quarter.
Flatiron lands 4 California projects worth $704M
Construction Dive
MARCH 29, 2023
The Broomfield, Colorado-based contractor strung together two interstate wins, plus water and broadband infrastructure projects in the Golden State.
VIATechnik’s Precogs Predicts, Averts Construction Problems
ENR Construction
MARCH 29, 2023
If you could foresee construction problems, wouldn’t you prevent them from happening? In the 2002 film “Minority Report,” police use the foreknowledge of psychics called “precogs” to predict and preemptively stop crimes.
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.
Tech vendor risk raises vetting stakes in wake of SVB crisis
Construction Dive
MARCH 29, 2023
Deposits are safe, but tech startups may no longer have access to venture debt and the lines of credit that helped fuel innovation.
ENR 2023 1Q Cost Report
ENR Construction
MARCH 29, 2023
Recession fears continue to loom as the first quarter comes to a close. Inflation remains an ongoing issue, while recent failures in the banking sector pose additional threats.
Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships
Constructlaw
MARCH 29, 2023
The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) is poised to change how the United States views and implements public-private partnerships (P3s). At a high level, the IIJA encourages public entities to consider P3s and incentivizes private entities to engage in the P3 market by dismantling roadblocks that have prevented the widespread adoption of P3s in the U.S. — including by removing government red-tape, increasing the availability of federal funding, and delivering much needed
Construction Safety Mindset Should Start in Undergrad Classrooms
ENR Construction
MARCH 29, 2023
Nearly 1,000 U.S. construction workers died of work-related injuries each year from 2011 to 2020, with the industry accounting for 20% of all workplace deaths, even though it made up just 7.3% of the national workforce.
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?
All About Wood Fence Panels to Metal Posts | How to Attach Wood Fence Panels to Metal Posts | Installing Metal Fence Posts as a Repair
CivilJungle
MARCH 29, 2023
Can You Attach Wood Fence Panels to Metal Posts? People generally use wood fences or metal fences. Many prefer wood fences because they are ‘privacy fences’, they give you the privacy you need. On the other hand, most metal fences used are chain-link, they are not preferable if you want privacy. These two fences have the benefit of their own. The wooden fence gives you privacy and an aesthetic look.
2023 1Q Cost Report: Materials Costs Remained Elevated Overall at Year’s End
ENR Construction
MARCH 29, 2023
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement.
In a Volatile Market, Baby Boomers Are Coming Out on Top
Pro Builder
MARCH 29, 2023
In a Volatile Market, Baby Boomers Are Coming Out on Top ldeakins Wed, 03/29/2023 - 10:40 The share of baby boomers closing on home purchases is rising, likely because a growing number of millennials and first-time buyers are being forced out of the for-sale market by sky high prices Baby Boomers make up the largest homebuying cohort in today’s for-sale market, accounting for 39% of all U.S. home purchases, according to the National Association of Realtors’ 2023 Home Buyers and Sellers Generatio
Caddell Construction Founder John A. Caddell Dies at 93
ENR Construction
MARCH 29, 2023
John A. Caddell, founder of Montgomery, Ala.-based Caddell Construction, is remembered as a leader who built a successful construction firm with his unique ability to problem-solve and penchant for taking risks.
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.
Harvard Report Stresses the Need for More Accessibility Features in US Homes
Pro Builder
MARCH 29, 2023
Harvard Report Stresses the Need for More Accessibility Features in US Homes ldeakins Wed, 03/29/2023 - 11:06 America's population is aging, and so too is its housing stock. To accommodate those with limited mobility, Harvard's Joint Center for Housing Studies suggests adding accessibility features into existing homes Despite a $567 billion remodeling boom in 2022, U.S. homes are older now than at any time ever recorded, and an aging housing stock is unable to accommodate today’s homebuyers.
2023 1Q Cost Report: Executive Pay Saw Significant Increase Throughout 2022
ENR Construction
MARCH 29, 2023
As compensation for labor and staff continues to rise, executives are keeping pace and garnering some of the biggest pay increases seen in the C-suite in over 15 years.
Why a Sudden Uptick in Mortgage Demand May Be Short-Lived
Pro Builder
MARCH 29, 2023
Why a Sudden Uptick in Mortgage Demand May Be Short-Lived ldeakins Wed, 03/29/2023 - 11:24 A series of recent bank closures led to a dip in the 30-year fixed-rate mortgage, but housing experts warn more gains are ahead The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $726,200 or less fell from 6.48% to 6.45% last week, sending overall mortgage demand 2.9% higher compared with the previous week, CNBC reports.
Turner-Walsh JV Wins $800M Northwestern U. Stadium Rebuild
ENR Construction
MARCH 29, 2023
The construction management joint venture has committed to a target of 35% of project subcontracts to be awarded to local and minority- and woman-owned businesses.
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!
Construction Schedule Management Software: 3 Ways to Keep Your Project on Track
Autodesk Construction Cloud
MARCH 29, 2023
The construction industry really takes the adage “time is money” to another level. With today’s projects being bigger and more complex, time isn’t just money—it’s a small fortune. Wasted time and delays can lead to financial losses in the form of rework, increased labor costs, and even penalties or disputes. This is why having an accurate and updated project schedule is so important.
Construction Economics for April 3, 2023
ENR Construction
MARCH 29, 2023
ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.
Loose Barges on Ohio River Crash Into McAlpine Locks and Dam
ENR Construction
MARCH 29, 2023
One barge has been removed and two remain pinned against the structure at the approach to the McAlpine Locks and Dam on the Ohio River.
3D Printed Three-Story Building Goes Up in Saudi Arabia
ENR Construction
MARCH 29, 2023
The COBOD concrete 3D-printing system passed a milestone recently with completion of a three-story residential building in Riyadh, Saudi Arabia.
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!
2023 1Q Cost Report: Demand for Heavy Equipment Remains Strong as Prices Show Signs of Stabilizing
ENR Construction
MARCH 29, 2023
Pandemic jitters give way to seasonal price trends, but new iron is still on backorder.
2023 1Q Cost Report: Bank Failures, High Interest Rates Stoke Recession Fears
ENR Construction
MARCH 29, 2023
Manufacturing and infrastructure construction remain strong spots for the industry.
Clean Power and New Tech at CONEXPO 2023
ENR Construction
MARCH 29, 2023
With demand for construction equipment running high amidst a busy few years of construction, the hunger for new machines was visible at the triennial CONEXPO-CON/AGG trade show, held March 14-18 in Las Vegas.
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