ConstructConnect reported today in the Construction Economy Snapshot that the August 2024 volume of Total Nonresidential construction starts—the sum of Nonresidential Building and Heavy ...
Stay up to date on the latest construction economic news and get in-depth analysis and insights from Chief Economist Michael Guckes. Sebastien Tillett is an economist at Oxford Economics. He joined ...
Hoar Construction announced the completion of the West Tower project, a seven-story, 140,000-square-foot expansion to the Shannon Medical Center in San Angelo, Texas. Contractors worked adjacent to ...
Chief Economist: "welcomed news to the construction industry" The Federal Open Market Committee (FOMC) cut the federal funds rate by 0.5% following its two-day meeting on September 17-18. The 50 basis ...
The demand for data centers in the United States is rapidly increasing, driven primarily by the continued rise of cloud computing and the emergence of artificial intelligence (AI). As businesses and ...
The third week of September is National Construction Appreciation Week. In honor of the week, the National Inventors Hall of Fame is celebrating Edward W. Bullard, inventor of the hard hat. Bullard’s ...
A labor dispute between dock workers and their employers has the potential to disrupt supply chains significantly. Major ports on the East and Gulf Coast. Image: USMX Report 2023. Over the summer, ...
There has been a notable decline in the United States of new commercial project construction, but one would never know it seeing what is happening in Texas, particularly in Dallas-Fort Worth (DFW).
ConstructConnect, a leading provider of software solutions for the preconstruction industry, released the US Put-in-Place Construction Forecasts for Fall 2024. The report, prepared by Michael Guckes, ...
September 9-13th is Construction Suicide Prevention Week. This blog helps to raise awareness and provide resources for employers and employees.
How can artificial intelligence (AI) help professional estimators? This fall, members of The American Society of Professional Estimators (ASPE) will gather in ConstructConnect’s hometown of Cincinnati ...
The Bureau of Labor Statistics (BLS) released a ten-year forecast projecting a 5.6% increase in construction employment. The August report also forecasts installation, maintenance, and repair ...