Tag: news

May 3, 2017

The business case for sustainable design keeps getting stronger. Consider these takeaways from the World Green Building Trends 2016 Smart Market Report: High-performing buildings can be sold at a premium, with the average green building worth 7 percent more than its […]

May 3, 2017

The AECOM Tishman brand is the result of major acquisitions by AECOM. The construction giant purchased Tishman in 2010 and Hunt — the general contractor behind projects such as the Atlanta Falcons’ $1.5 billion Mercedes Benz Stadium — in 2014. AECOM announced […]

May 3, 2017

Today’s strong demand for housing and limited affordable inventory is triggering home-price growth that threatens the homeownership potential of many would-be buyers. As a result, more buyers are taking on mortgage loans that allow them to put a smaller share […]

May 1, 2017

The task of keeping workers safe on the job site isn’t an easy one. It requires negotiating the slew of rules and regulations in the industry and the nuances of different project types and worker personalities. All that activity means […]

April 28, 2017

Billed as “the world’s first fully-automated, coin-operated car vending machine,” Carvana vending machines are starting to “protrude” from high visibility properties around many urban areas lately. Beyond visual interest, this belies a subtle shift we see in the automotive retail […]

April 27, 2017

On a hillside in Berkeley, CA, overlooking the San Francisco Bay, a team of building scientists is exploring the future of building systems integration. Among their collaborative partners is another group of scientists who are also working from a considerable […]

April 27, 2017

Structures built with this system could be produced faster and less expensively than traditional construction methods allow, the researchers say. A building could also be completely customized to the needs of a particular site and the desires of its maker. […]

April 26, 2017

Despite being a newcomer to an active and growing market segment, Katerra has so far managed to pull in major investor interest. That is likely due in part to its executive chairman, Michael Marks, who previously served as the CEO […]

April 25, 2017

February’s mild weather led to a surge in early hiring for the year, which diminished March’s typical seasonal job increases, AGC Chief Economist Ken Simonson said in a release. He added that only Massachusetts and Texas set March hiring records in […]

April 25, 2017

Strong activity in the first quarter of 2017 is a sign that the construction industry is still undergoing an expansion, according to Dodge Chief Economist Robert Murray. In the coming year, he said he expects the institutional sector to see […]

April 21, 2017

Since 2009, California legislators have passed laws to make it easier to build new football stadiums in the San Gabriel Valley, San Diego, and downtown Los Angeles, and basketball arenas in Sacramento and San Francisco. Only one, a basketball arena […]

April 21, 2017

The NAHB poll highlights the industry’s ongoing struggle to recruit and retain workers. While economists forecast that the shortage would level off in 2016, industry employment numbers did not reach the levels analysts had hoped for, leaving the already-strained industry […]

April 21, 2017

​Architecture and engineering jobs, which are leading indicators of future construction activity, saw a 3.3% year-over-year increase, which is 1% higher than the February 2016-February 2017 increase reported last month. Overall construction employment was up 2.6%. Total job gains in […]

April 19, 2017

Because people tend to spend most their time indoors, particularly in their residences, their homes and neighborhoods play key roles in their overall well-being. Poor and low-income children face developmental problems and long-term damage to their physical and mental health […]

April 14, 2017

The rise in construction material prices likely slowed due to depressed confidence in U.S. economic growth for the coming year, according to ABC Chief Economist Anirban Basu. He said in a release that reports suggest the country’s GDP for the […]

April 13, 2017

Skanska USA leaders maintain a roster of the technology initiatives that they’re currently working on at all times. But that list tells only 20% of the story. “Around 80% of the ideas for our new technologies come from our people […]

April 11, 2017

The Senate Committee on Commerce, Science, and Transportation, heard from representatives of the construction industry in a hearing entitled “Closing the Skills Gap and Boosting U.S. Competitiveness” on March 29. There are about 100,000 fewer people working in the construction […]

April 11, 2017

Florida may have been one of the states hit hardest by the Great Recession, but demand levels and market indicators have rallied to create an environment of optimism within its construction industry. Construction firms still carry lessons from the recession […]

April 10, 2017

While often revised in subsequent months, construction spending figures each month from the U.S. Commerce Department examine the private and public construction sectors. Within the private sector, the report tracks single-family residential, multifamily residential and nonresidential. Read More on Construction […]

April 10, 2017

The slowdown in construction employment growth follows a strong showing in the first two months of 2017, which notched almost 100,000 combined new jobs and set a record in February for the strongest recorded level since March 2007. After averaging […]