Industry execs say building is most active in the energy, automotive, and higher education sectors. Matt Verst, director of cost planning and estimating for Messer Construction, contends companies are once again pursuing capital projects. Messer Construction, which builds in five states, is keeping busy. “Over the last year, their confidence has picked up, and they…(Read More)
Some 288,000 jobs, including many in construction, were created last month. The U.S Bureau of Labor Statistics reports the latest figures have brought optimism to the business community. The jobless rate in April slipped to 6.3 percent, signaling the largest decrease in unemployment since September, 2008. A much anticipated break in the…(Read More)
A survey from CareerBuilder finds that 57 percent of businesses, including construction companies, will be hiring recent college grads in 2014. That’s up from 53 percent last year and 44 percent in 2010. According to a post on USAToday.com, the uptick is positive news, despite the fact that beginning salaries are unchanged from…(Read More)
The U.S. News/Raytheon STEM Index, a comprehensive measurement tool that analyzes key factors relating to science, technology, engineering and math jobs and education, has released its findings. A post on USNews.com states: “After a long period of flat to down indicators, there has been some upward movement, particularly in the actual number…(Read More)
The evolvement of Building Information Modeling (BIM) is one of the industry’s major technology disruptors. So says Amy Bunszel, vice president of the AutoCAD Product Line Group of Autodesk. “These technology disrupters are enabling products to be built today that could not have even been envisioned or executed 15 to 20 years ago,” says…(Read More)
Technology that began as a military reconnaissance project for soldiers navigating the layout of a room will soon be field tested in the construction industry. The Rapid Building Energy Modeler (RAPMOD) is a high tech backpack that’s outfitted with a Light Detection and Ranging (LiDAR) scanner, an inertial measurement unit and a visible light…(Read More)
An annual report from the Associated General Contractors brings optimism from both construction businesses and people working in the industry. The AGC’s 20,000 member database was surveyed on 11 non-residential sectors of the industry. “This year for the first time, two-thirds of them said they expect the overall market to turn…(Read More)
There’s been an increase in the number of P3 projects across the country. “More local and state governments are tapping private dollars to build, repair and maintain public infrastructure,” writes Hilary Russ of Reuters News Service. There are several noteworthy projects mentioned by Russ, who points out that the Keystone State is a busy…(Read More)
Three cities in Texas are among the 10 hottest markets for office construction. That’s according to CBRE, a global commercial real estate company. Houston ranked No. 1 on the list, with Dallas and Austin included as well. Do you know the other cities that have been super busy with office construction? http://bizbeatblog…(Read More)
Industry leaders and many government representatives had predicted the fund that pays for federal road projects would be out of money by October. But news reports this week indicate the money could dry up in late-August. Reporter David Lawder of Reuters says depletion of the account without a funding solution could bring major highway…(Read More)