The price of lumber for new-home construction is going “through the roof,” so to speak. But construction industry contractors that were thinking metal-insulated panels on that roof might be cheaper are thinking twice. Prices of lumber and steel saw as much as a 25% increase in February 2021. Within the construction industry, single-family housing starts […]
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We’ve officially put 2020 behind us, but the damage control is still very real for many of us in the construction industry. Some people said the deadly virus only affected those who were aging, frail, or in poor health. That’s not true. All of us were/are at-risk for COVID and all of us have been
U.S. Construction Industry Winners (and Losers) Read More »
In 1956, the first U.S. mall opened in Edina, Minnesota. There are entire generations that spent formative years in shopping malls. And construction trends for more malls kept many companies busy for many years. Over 50% Of Department Stores in Malls Predicted to Close By 2021… U.S. Retail Vacancy Rate May Rise To 7-Year High
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When you hire a minority employee, you’ve often hired someone with a greater ability to adapt. This is a person that has likely overcome adversity and may have better “survival skills” than most. That’s an advantage to any construction industry company. One of the questions on the government’s Office of Personnel Management’s website reflects many
All-Inclusive: U.S. Construction Industry Read More »
We talk about construction industry-related businesses as if there are non-construction industry-related businesses. The fact is construction impacts every business, every person. Probably the greatest benefit we’ve realized from construction technology is the ability to connect. Construction is the foundation of nearly every other industry. –Autodesk The Value of Connecting Using Construction Technology Construction projects today are
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Okay, let’s be cynical for a moment: Statistically, construction workers are among those least likely to get coronavirus vaccinations. Many of our teams grumble about social distancing and other safety measures. And then, when an employee contracts COVID-19 on the job, it could follow with a lawsuit or an OSHA violation citation. No whining. Just work it. Coronavirus
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The February 2020 unemployment rate was low: 3.5%. But by December, it was 6.7%. In tough economic times, most of us will take work when and where we can get it. Less pay for more work thrives during chaos. Despite the pandemic layoffs, 2020 union membership remained strong in the construction industry. Construction Industry Unions Thrive
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The American National Standards Institute and the American Society of Safety Professionals (ANSI/ASSP) revised the A10 Construction and Demolition Operations standards in addition to Fall Protection and Restraint (Z359) guidelines. We should follow their construction safety protocols. The 2020 construction safety standards revisions were chaired by Richard Hislop. “This is more than putting a cover
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“Construction-specific tools are taking over,” says construction content writer Anastasios Koutsogiannis. And he’s talking about data analytics, digital solutions, and software. Construction industry trends for better project management will be taking us cloud-high this year. One Project, One Data Source Project managers say they spend 40% of their time in meetings, on phone calls, or
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Large, global construction firms have attorneys on retainer, but they also have the best insurance coverage possible. If you’re a small contractor or subcontractor company, one liability lawsuit can throw your construction business under the bus. 6 Things You Should Know About Construction Business Insurance You don’t want to pay more for insurance than you
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