Category: Sustainability

December 27, 2018

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%, […]

December 26, 2018

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 […]

December 13, 2018

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 […]

December 11, 2018

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 […]

November 16, 2018

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 […]

October 29, 2018

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 […]

October 26, 2018

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 […]

October 1, 2018

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 […]

September 25, 2018

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 […]

September 17, 2018

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 […]