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Tag: construction industry


News

Construction & Engineering Trends That Will Define 2024: The Year of Change

February 5, 2024

Via: ENR

As the industry faces ongoing challenges such as labor shortages and low project margins, they are adopting digital technologies like AI to automate and optimize their operations and cloud-based solutions to simplify fragmented IT systems. To add predictable, recurring revenue […]


News

4 ways to level construction’s playing field

February 5, 2024

Via: Construction Dive

In the dynamic landscape of the construction industry, minority contractors often face unique challenges that hinder their growth and participation. Despite possessing the requisite skills and experience, these contractors frequently encounter obstacles that hinder their success. One of the most […]


Construction Processes, Financial

Public construction spending soars, but private projects still face hurdles

February 2, 2024

Via: Construction Dive

After a revision flipped November’s 0.1% drop back to positive, December’s jump now marks the 19th consecutive month of growth, largely due to infrastructure and manufacturing activity, Basu said, noting big gains for spending overall last year. “Nonresidential construction spending […]


News

Construction Adds 11,000 Jobs in January, 10th Monthly Gain

February 2, 2024

Via: ENR

Construction employment remained on its upward trend, adding 11,000 jobs last month, the Bureau of Labor Statistics reports, with the industry recording its 10th consecutive monthly increase. Architectural, engineering and related services, which are categorized separately from construction, posted an […]


Construction Processes, Financial

FAA Awards $244M for Airfield, Terminal Projects

February 1, 2024

Via: ENR

The Federal Aviation Administration has awarded $243.7 million for airport infrastructure grants around the country to improve runways and taxiways and expand or build terminals. In announcing the selections on Jan. 30, FAA said that its latest batch of awards […]


News

Federal Spending, Robust Market Spur Interest in New Machines at World of Concrete 2024

February 1, 2024

Via: ENR

Nervous chatter about supply chain constraints and uncertainty about the post-COVID era was hard to find among the contractors, manufacturers and assorted masonry experts at the World of Concrete trade show held Jan. 23 to 25 in Las Vegas. Equipment […]


Construction Techniques

NASA tests autonomous construction robots

January 31, 2024

Via: Construction Dive

The ARMADAS team provided structural plans to the robots, but they didn’t micromanage their work, per the release. Instead, software algorithms did the job of planning the robots’ tasks. The test demonstrated a crucial part of the programs’ capabilities — […]


Construction Processes, Interaction of Expertise

Researchers propose AI-guided system for robotic inspection of buildings, roads and bridges

January 30, 2024

Via: ScienceDaily

Augmenting visual inspection technologies — that have offered partial solutions to speed damage assessment in recent years — with a new machine learning approach, the researchers have created a system that they believe could enable efficient identification and inspection of […]


News

Holder Construction to manage $950M Nebraska airport expansion plan

January 30, 2024

Via: Construction Dive

The expansion plans come on the heels of the airport’s second-busiest year ever, per the release. In 2023, the airport saw 5 million people make use of its services, higher than pre-pandemic levels of use in 2019. “Build OMA reflects […]


News

FHWA offers $729M for storm-damaged infrastructure

January 29, 2024

Via: Construction Dive

As natural disasters driven by climate change ramp up, every sector is grappling with resilience, said Jill Kurth, AECOM’s Los Angeles Metro executive, in an interview with Construction Dive. Jurisdictions are responding to climate breakdown in a variety of ways, […]


News

Why contractors are still all in on manufacturing projects

January 29, 2024

Via: Construction Dive

Since reaching record highs in May 2023, the manufacturing construction boom has shown signs of fading. Although today’s manufacturing construction activity still dwarfs pre-2022 levels, starts in the sector have started to slow, according to Dodge Construction Network. That led […]


News

Communities Test Solar-Reflective Coatings To Reduce Urban Heat

January 26, 2024

Via: ENR

A public-private research initiative in Pacoima, Calif., a Los Angeles section, is testing a new type of maintenance pavement coating across roads and hardscapes to improve longevity and mitigate urban heat. After promising results from the first phase, a second […]


News

ENR Reflects on 150 Years of Construction Industry Coverage

January 26, 2024

Via: ENR

New York City annexed the Bronx. Patents were issued for iconic blue jeans and incandescent lamps. Herbert Hoover, Gertrude Stein and Winston Churchill were born. Millard Fillmore, 13th President of the U.S., died. Eads Bridge, the world’s first large-scale steel […]


News

What contractors need to know for 2024

January 25, 2024

Via: Construction Dive

As the new year begins, construction pros across the country face a range of challenges and opportunities. Amid the continuing labor shortage and high interest rates, it’s anyone’s guess what will happen in 2024, but Construction Dive has the insights […]


News

Report Projects Continued Global Construction Growth Through 2030

January 24, 2024

Via: ENR

Global construction volume will grow by 1.2% this year and by a 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. 23. Projected growth builds on last year’s 0.9% increase […]


News

Contractor Tames Pair of High-Rises at the Same Time

January 23, 2024

Via: ENR

Working just three blocks apart in Phoenix’s burgeoning downtown Central Avenue corridor, Layton Construction Co. teams are simultaneously completing two high-rise projects that will collectively add almost 2.5 million sq ft of mixed-use residential, student housing, office and retail space. […]


Sustainability

US DOT Approves $2.5B in Bonds for Vegas-to-California High-Speed Rail

January 23, 2024

Via: ENR

The U.S. Dept. of Transportation has provided a further infusion of financial help for a long-delayed $12-billion high-speed passenger rail line from Las Vegas to southern California. DOT on Jan. 23 announced it is allocating $2.5 billion in private-activity bonds […]


News

ENR Southeast’s 2024 Top Young Professionals

January 22, 2024

Via: ENR

This year’s diverse group of Top Young Professionals forecasts a promising future for design and construction firms in the region. A majority of the 20 professionals on this year’s list are women, and many are minorities. With the industry struggling […]


Construction Processes, Financial

How leveraging a digital payment platform in commercial construction increases speed and reduces risk

January 22, 2024

Via: Construction Dive

Most commercial construction businesses think about financial technology only when it comes to paying their large and often fragmented supplier base. But the right payment solution can make the payment process more efficient while addressing other critical business challenges and […]


News

Construction starts jump 20% to close 2023

January 19, 2024

Via: Construction Dive

2024 provides promise that positive momentum will continue to build, largely due to the expectation of lower interest rates, said Branch. The American Institute of Architects’ Architecture Billings Index, which tracks architectural design activity, also showed some positive signs, with […]