Tag: construction industry

July 10, 2020

This week, the Small Business Administration and Treasury Department disclosed information about recipients of the Paycheck Protection Program, and thousands of construction-related firms are on the list. The data shows the federal government issued $521 billion in loans, with an […]

July 9, 2020

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]

July 9, 2020

While any face covering will help contain the usual droplets that come from coughing, sneezing and even speaking, there are things to look for in a face covering to maximize jobsite safety from the coronavirus. Researchers at Florida Atlantic University’s […]

July 8, 2020

The accompanying tables show the top 10 major upcoming entertainment facility and stadium-arena construction projects in the U.S. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, […]

July 7, 2020

The only bright spot in a national real estate market in terrible shape, thanks to COVID-19, is an uptick in demand for industrial warehouse space due to increased online shopping deliveries during lockdowns, according to a recent survey. Cold storage […]

July 6, 2020

U.S. put-in-place construction spending, during the coronavirus health crisis, has benefitted from the carryover of work begun last year. 2019 construction starts included an inordinately large number of mega projects valued at $1 billion or more each. There were 35 […]

July 2, 2020

President Donald Trump’s recent executive order directing federal government agencies to waive environmental regulations and to take other actions necessary to streamline and expedite infrastructure projects was designed to help hasten the economic recovery from the COVID-19 pandemic. The order […]

July 2, 2020

A three-story building in Brooklyn, N.Y., is being demolished following a partial collapse that occurred Wednesday afternoon around 4:40 p.m. The building, at 348 Court Street in the Carroll Gardens neighborhood, was the location of a Body Elite Gym, closed […]

July 1, 2020

Robots have continued to make inroads into the construction industry. Whether due to a lack of skilled labor, or simply new tech becoming commercially available, companies continue to market robots and drones to contractors as options to perform important tasks […]

June 30, 2020

In the best of economic times, minority-owned construction firms struggle to access the capital they need to operate and grow their businesses. Many minority-owned businesses, for example, pay higher loan interest rates than their nonminority-owned counterparts, according to a report […]