Tag Archive for economy

Non-Residential Construction Jumps 32.4% in March

$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.

Non-Residential Construction Jumps 32.4% in March

Graph courtesy of CMD Group

Top 5 States for Construction as a Percentage of State GDP

Top 5 States for Construction as a Percentage of State GDPPrivate construction can have a tremendous impact on a state’s economy. A new report by the Associated Builders and Contractors (ABC) ranks all 50 states based on their contribution to state gross domestic product.

In 1997 and 1998, construction accounted for 6.14% of national GDP. That number declined dramatically the following year and has risen slowly ever since. In 2013, the most recent year for this data, construction was 3.73% of national GDP. That number does not include related costs such as transportation, the demand for building materials, financial services or subsequent purchases from buyers. These additional costs add as much as 2 to 3% making construction even more Read more

Infographic: 10 Awesome Construction Apps via Sourceable.net

Smart phones are working in construction almost as hard as the construction professionals that use them. But finding the latest and greatest Apps can be a challenge that consumes as much time as a quality App saves. Fortunately, the gang at Sourceable.net compiled their list of the Top 10 Construction Apps to simplify our search. Click on the image below to view the full infographic and see which Apps you should be downloading.

Top Construction Apps

 

 

 

China-based Builder Completes 57-Story Tower in 19 Days

We’ve told you before that modular construction is faster than conventional building. Well, Broad Sustainable Building has shown the amazing speed of modular once again. The China-based builder has delivered several large-scale modular projects at unbelievable speeds. Their most recent project, a 57-story high-rise, was completed in just 19 days. Don’t believe us? Watch the time-lapse video below and see for yourself.

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mobile office for rentThere are just a few days left to get your quote and lock in our special offer.

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Time is Running Out On Our Special Offer

special promotion on mobile officesThere’s just one week left to take advantage of our special promotion.

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Or, give us a call at 866.583.0743 and mention the code.

This offer is going soon. So click or call today to find out more.

Don’t Miss Our Mystery Offer On Mobile Offices and Portable Storage Units

don't miss our mystery offer on mobile officesWhat’s the offer? Click below or call us to find out. It’s not hard. In fact, it only takes a few seconds and it’s well worth it.

Learn more now by clicking here and entering the offer code: BL215OFFER.

Or, give us a call at 866.583.0743 and mention the code.

This offer is going soon, click or call now to find out more.

Limited-time Offer for Renting ModSpace Mobile Offices or Portable Storage Units

ModSpace HQ Mobile OfficeWe appreciate you reading our blog. But we like it better when you rent our mobile offices and portable storage units. And we’d like to say thanks with a special offer that gives you something back; something you can use; something you actually want.

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How Will Lower Oil Prices Affect the Construction Industry?

How will lower oil prices affect the construction industry?With the cost of oil hovering around $50 a barrel, economists are projecting both positive and negative effects on a national and global scale. But how will lower oil prices affect construction, an industry that’s looking for a big year, and heavily reliant on fuel for transportation, heavy equipment and more?

ENR.com attempted to answer this question in the recent article, Contractors Get Reprieve at the Pump.

While responses are mixed, we thought you’d find the perspectives interesting as you look forward to the building season. What do you think? Share your thoughts with us in the comments below.