3 Negative Trends That Are Putting a Damper on the Construction Industry

National data suggests that, overall, growth is occurring in the construction industry, particularly in states such as California. However, there are three negative trends in the construction industry that are holding back growth and preventing an even more robust recovery.

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Construction Delayed, Costs Tripled on San Antonio Highway Thanks to Endangered Spider

A major San Antonio Highway construction project has been delayed, and project costs have tripled because of an endangered species of spider discovered on the construction site.

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Florida Construction May See a Positive Upswing Due to Renewed Relations with Cuba

The recent easing of tensions between the United States and Cuba suggests that a related economic boom may likely be close behind. Relations between the two countries are the friendliest they’ve been in some 50 years, and some experts believe that associated increases in tourism and trade between the U.S. and Cuba will mean increased economic opportunity for south Florida construction contractors and other businesses.

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$2 Billion in Construction Permits for Projects Throughout Minneapolis Issued in 2014

Minneapolis construction hit an all-time high in 2014 with more than $2 billion worth of permits issued in that 12-month period. The city reached the substantial milestone with the issuance of a building permit for a single-family home on December 31, 2014, according to the Minneapolis Star Tribune.

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Construction of Domestic Manufacturing Facilities Expected to Increase in Coming Years

Manufacturers are expected to increase construction of manufacturing facilities in the United States within the next five years, bringing back some operations from China.

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Increased Demand for Both Green Construction Services and Employment, Study Shows

Interest in green construction and environmental friendliness has increased in the construction industry, according to data from the U.S. Bureau of Labor Statistics.

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The Latest in Smart Home Technology From the 2015 Consumer Electronics Show

New and innovative products introduced at the 2015 Consumer Electronics Show demonstrate that consumers and manufacturers continue to have a keen interest in smart home technology.

The Consumer Electronics Show, held in Las Vegas, is a prominent venue for designers, developers and manufacturers to showcase their latest products. The 2015 show makes it clear that smart home technology remains a high priority among manufacturers and that these technologies continue to advance.

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5 Ways Construction Contractors Can Improve Business This Year

There’s always room for improvement in any business, but the first weeks of a new year provide a well-defined time for construction contractors to evaluate current practices and look at ways to change or improve the way things are getting done.

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Reporting Severe Injuries on the Job Now Required Under New OSHA Rule

A new OSHA rule for reporting severe injuries requires adherence to strict time frames for reporting severe injuries and fatalities that occur on the job.

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December 2014 Saw Lower Construction Material Costs Across the U.S.

Prices for 11 important residential construction materials dropped in December 2014, with indications that prices may drop even further in the early months of 2015.

Construction material costs fell 1.4 percent in December 2014, according to the U.S. Department of Labor’s Producer Price Index. The price reductions in December represented a nearly 1 percent decrease in prices from the prior year.

Nonresidential construction materials fell 1.7 percent for the month of December. Prices for these materials fell nearly 2 percent from the same point in the previous year.

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