2013 was a strong year for equipment rentals, and the increase is expected to last through 2014. “The equipment rental industry forecast in the U.S. calls for 8.4 percent growth in 2014, led by a projected growth of 9.1 percent in the construction equipment rental sector as noted by the American Rental…(Read More)
A shortage of STEM grads and data analytics are two of the hiring trends we can expect this year. While some of the issues highlighted in this infographic are carryovers from 2013, they remain important as the job market continues to change with technology and the sluggish economy. http://visual.ly/8-most-important…(Read More)
There is bliss in the construction workforce. Managers in the U.S. who oversee construction, facilities, and properties are among the happiest in their jobs. A post on BusinessInsider.com explains the joy comes from their work settings, co-workers, and the flexibility they have in getting things done. Who else made the happy list…(Read More)
“Construction showed a surprising gain of 48,000, a group unexpected to see gains in the winter weather,” writes Executive News Editor Patti Domm on CNBC.com. A total of 113,000 nonfarm jobs were created in January, a bit off from Thomson Reuters’ predicted 185,000. The figures have economists and analysts scratching their…(Read More)
Construction industry leaders, employers, and lawmakers are keeping a watchful eye on the dwindling Highway Trust Fund. Leaders in the U.S. Department of Transportation predict the fund could be drained by August. Peter Rogoff, who works with Transportation Secretary Anthony Foxx, met this week with the American Trucking Associations Executive Committee. “That means that…(Read More)
Henkels and McCoy, an engineering and construction company, is tooling around with InterviewStream, which has HR using online, pre-recorded video interview questions. According to an article on CIO.com, candidates can launch their interview process the moment they apply for a job. “This is a breakthrough for the company,” explains Dave Sinclair, corporate recruiting…(Read More)
Commercial real estate is a key driver to the success of the world’s premier cities. Jones Lang LaSalle, a global real estate investment firm, finds that Shanghai, London, New York and San Francisco are among the urban areas worldwide that demonstrate the combination of strong short term socio-economic and commercial real estate momentum…(Read More)
Frigid, stormy weather across much of the U.S. isn’t dashing the optimism of contractors. Even though some work has slowed a bit because of the extreme weather, contractors are more optimistic about 2014 than they have been in a long time, according to Stephen Sandherr, chief executive of Associated General Contractors of America…(Read More)
It’s all about pent-up demand. At the World of Concrete 2014 conference in Las Vegas, Ed Sullivan, chief economist at the cement trade association, predicted the construction industry will be helping drive growth in his sector in the next few years. “My forecast is based upon the loosening of credit availability, steady and…(Read More)
Do you need a reality check when it comes to harnessing various construction-related expenses? The last seven decades have seen steady price increases for industry products and services. This article is a good reminder that you may be missing opportunities to save money. Suggestions on managing outside labor costs and the accuracy of estimates…(Read More)
