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Category: Sustainability


Sustainability

Energy Sector Expects 2019 Growth in Renewable and Natural Gas Projects

December 27, 2018

Via: ENR

Natural gas pipelines and power plants and solar and wind power projects will drive energy-related construction in 2019. Power projects are expected to increase between 3% and 8% over 2018, exceeding overall expected construction growth of between 2% to 5%, […]


Sustainability

What to Expect for Public Sector Construction in 2019

December 26, 2018

Via: ConstructConnect

Looking back, 2018 brought both turmoil and innovation to government contracting. A string of cyberattacks, such as the ransomware attack on Atlanta, left public officials focused on increasing cybersecurity. Hurricane Florence in North Carolina and fires in California brought resilience […]


Construction Processes, Financial, Sustainability

Industry Execs, Investors Weigh 2019 Sector Projections

December 13, 2018

Via: ENR

Construction equipment and contracting executives from publicly owned companies offered investors optimism in their 2019 market outlook at a Credit Suisse investment conference last month in Miami. The mining sector’s continuing upward momentum in the next year and big overseas […]


Sustainability

Trump: US-Mexico border wall could be built for $15B or less

December 11, 2018

Via: Construction Dive

Construction of a wall/barrier along the full length of the U.S.-Mexico border was at the forefront of Trump’s campaign in 2016 but ended up taking a backseat to other issues like healthcare and tax reform during the president’s first year […]


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 […]