The debate about when construction will rebound is over. Sure, fluctuations still happen month to month. But compared to a few years ago, building is back, in all forms. According to the National Association of Home Builders (NAHB) August 17 report, “Components measuring current and future home sales also rose to or remained at new heights not seen since late 2005.”
The same can be said about commercial construction. “Nonresidential construction spending has been recovering robustly in the U.S. in recent months - up more than 11 percent on a year-over-year basis,” said Associated Builders and Contractors Chief Economist Anirban Basu.
Construction’s recent reboot is not without a few hiccups. A few factors stand in the way of sustained growth. And at the top of that list a labor shortage. Despite plenty of Read more
For an industry that was slow to jump on the tech train, construction has come a long way in a short time. Building Information Modeling (BIM) is the new standard for design while large-scale projects are being managed from smartphones and tablets loaded with construction-specific apps. Meanwhile, new construction technologies and materials are advancing construction efficiencies, quality and sustainability.
Constructech recently announced its 2015 top 50 tech firms for construction. Here’s a peak at the list leaders:
Aconex – Cloud-based project management tool and app
Asite – Cloud-based solutions for BIM, big data, productivity, collaboration, etc.
The heat is on. And anyone working outdoors or in confined spaces is at risk for heat-related illness, such as heat stroke. The Occupational Safety and Health Administration (OSHA) is combating heat illness with an App that gives iPhone and Android users real-time analysis of rising temps.
According to OSHA, the App calculates the heat index and displays a risk level for outdoor workers. The App also lists preventative measures that should be taken to protect workers at risk and the symptoms of heat-related illness.
Past studies by the Department of Homeland Security have confirmed that businesses that reopen within days of a major disaster are up to four times more likely to resume normal operations, even thrive. Many businesses that are unable reopen quickly never reopen at all.
Our friends at Agility Recovery know how to get operational quickly after a disaster. Watch this video and see how their own team performed in a disaster recovery test.
$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.
Subcontractors have become the norm at construction sites. The benefits to construction firms are plenty. But so are the risks. On the surface, a quality sub should make your job easier. Alternately, a sub-quality sub can put your entire operation in jeopardy. As you weigh the pros and cons of using subcontractors on the jobsite, here’s what some construction industry experts are saying as to how you can get the most out of these relationships and mitigate risk at the same time.
The only risk you assume here is time lost to vetting an unqualified sub. Take the time to Read more
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
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.
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?