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Category: Sustainability


Sustainability

How to Build Strong Subcontractor-General Contractor Relationship

November 16, 2018

Via: ConstructConnect

General contractors and subcontractors are facing a mixed bag these days. On the one hand, they’re experiencing strong, even record demand with backlogs averaging over nine months. But the volatile nature of rising material prices, fueled by tariffs and trade […]


Sustainability

Carpenters union, Related strike deal for Hudson Yards

October 29, 2018

Via: Construction Dive

When Related first announced in August that it had reached an agreement with the carpenters, the developer said the deal was worth $75 million to $100 million for the union for 50 Hudson Yards alone. But at the time, Gary […]


Sustainability

Dodge: 2019 construction starts to hold steady at $808B

October 26, 2018

Via: Construction Dive

The stock market’s slumps in the past several weeks have had many observers spooked, but while warning flags of a decline are beginning to appear in the form of a tightening labor market, rising inflation and other factors, economists at […]


Sustainability

U.S. Construction Spending Up 0.1% in August

October 1, 2018

Via: ConstructConnect

Construction spending increased to a seasonally adjusted annual rate of $1,318.5 billion in August 2018. This is 0.1% higher than July’s estimate which has been revised up from $1,315.4 billion to $1,317.4 billion. June’s estimate was revised back up from […]


Sustainability

New market forces disrupting global real estate development industry

September 25, 2018

Via: BDCNetwork

Market forces including trade policy, labor shortages, and complex approval processes are among the top concerns of real estate development executives according to a report by Altus Group. The Altus Group Real Estate Development Trends Report is based on a […]


Sustainability

ABC’s Construction Backlog Indicator hits a new high in second quarter of 2018

September 17, 2018

Via: BDCNetwork

Associated Builders and Contractors reports that its Construction Backlog Indicator expanded to a record 9.9 months during the second quarter of 2018. Backlog is up 12.2% from the first quarter and 14% compared to the same time last year. “Construction […]


Sustainability

Port Infrastructure Construction on the Rise

August 31, 2018

Via: ConstructConnect

Strange as it might seem, the threat of administration-imposed tariffs has not slowed investment in America’s ports. The extremely large megaships are coming through the Suez Canal headed to America and U.S. ports will be ready. Most are already engaged […]


Sustainability

Number of construction workers to double in home stretch of New Jersey mega-mall

August 30, 2018

Via: Construction Dive

Florida contractors and local officials are no doubt watching the progress of the American Dream project in New Jersey since Triple Five is in the process of winning approval for a similar project in Miami. Cost estimates for the 6-million-square […]


Sustainability

Mis—Direction: Industry Study Sees Flaws in Engineering and Construction Firm Governance

August 24, 2018

Via: ENR

It’s the rare engineering or construction firm that doesn’t tout its leadership ability and resources to tackle ever-more complex challenges and deliver the highest quality and value to customers. But new industry research from management consultant FMI suggests that the […]


Sustainability

Dodge: July construction starts down 9%

August 23, 2018

Via: Construction Dive

Following robust increases in the value of new construction starts in May and June, 14% and 11% respectively, July starts dropped 9% to a seasonally adjusted annual rate of $817.4 billion, according to the latest report from Dodge Data & […]