Generating revenue right out of the gate is critical to the success of every new business. With costly inventories and high demand for the latest models, the countdown to ROI is especially important for auto dealers. Watch this short testimonial to hear how one auto dealership started selling sooner with a modular sales office.
Archive for Industry Insights
With more than 1.5 million total apps available in the App Store, you are sure to find helpful tools to make for a more effective work week. However, finding the best app for you can also become quite the job, so we’ve done the research for you. Here are our suggestions for the best construction apps for 2016.
Instantly share complete construction plans with your project team from anywhere and with or without an internet connection. App users can also track revisions, share photos and reports, document progress, manage issues and RFIs in the field.
- Updated: 5/6/16
- New features: Improved annotations filters, new views in the “Team” and “Sheet Compare” sections
With a five star review, Photo Measures lets you draw and edit measurements directly on your own photos. Add text to photos, then save, organize and share images as PDFs and JPGs.
- Updated: 3/2/16
- New features: Improved support for 3D Touch devices
Amidst rumblings of a new recession, many industry experts are predicting a good year for construction. CMD (formerly Reed Construction Data) is forecasting a 6.5% rise in construction starts over the previous year. Dodge Data and Analytics is projecting a slightly more conservative 6% increase.
While the news is positive, not all markets will see the same gains. CMD’s Expansion Index evaluates key indicators of non-residential construction starts in markets across the nation and gives them a rating based on overall potential. Shrinking markets are those that receive a score of 1.0 or less. Expanding markets score 1.0 or greater. The busiest markets with ratings of 5.0 or greater are deemed hot spots.
The 2016 commercial construction hot spots according to CMD’s 18-month Expansion Index are: Read more
$25 billion in non-residential construction starts in March marked a 32.4% climb over February numbers according to the just released Construction Industry Snapshot by CMD Group, formerly Reed Construction Data. The positive number in March confirms an upward trend in construction spending, but falls short of the same period last year when spending increased by 40.3%. For comparison, the long-term February-to-March increase has been 6.0%. See the full report from CMD here.
Effective January 1, 2015, OSHA has revamped its requirements for reporting specific injuries and hospitalizations. In addition to notifying the Occupational Safety and Health Administration (OSHA) of all work-related fatalities within 8 hours, employers under federal OSHA will be required to notify the administration within 24 hours when an employee suffers a work-related hospitalization, amputation or loss of an eye. This new rule resembles the CAL/OSHA rule already in place.
Current regulations require an employer to report only work-related fatalities and in-patient hospitalizations of 3 or more employees. Reporting single hospitalizations, amputations, or loss of an eye is not required.
According to a Hireology.com (based on statistics from the U. S. Bureau of Labor Statistics), there are 80 million young adults in the U.S. today who were born between 1976 and 2001. This group is commonly known as the millennial generation. And, as baby boomers continue to retire from the workplace, millennials are taking their place. It’s estimated that by 2020, millennials will comprise 46 percent of the U.S. workforce. The transition has many future-minded employers looking for new ways to attract top new talent.
Multiple studies have been conducted to determine millennials’ most wanted career Read more
The Bureau of Labor Statistics (BLS) released December’s employment numbers today. Not surprisingly, it reported a decline in construction employment by 16,000 jobs. In November, construction employment rose by 17,000.
Historically, December has always seen low levels of construction employment. In an interview with Forbes, Bankrate.com Washington Bureau Chief Mark Hamrick said that the wave of inclement weather in December likely played a role in the decline. He noted that new Read more