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Why is Certified Payroll So Important to Construction?

Should your company win a federally funded construction project, you must understand government-imposed payroll practice regulations. To adhere to these standards, contractors must document wages in a certified payroll report.

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Enhancing Employee Productivity on the Job Site

Employee productivity is a vital metric that workplaces measure to ensure important tasks are getting accomplished. In construction, these tasks include bricklaying, pouring concrete, hanging drywall, etc.

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Better Than Most Regions — The State of Construction in North America

Investment Monitor cited new April 2022 figures from GlobalData, which indicate that the North American market is far healthier than many other regions of the world—at least in most construction sectors.

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Following Strong February, Construction Starts Fall Big in March

February was a tough act to follow - total construction starts fell 12%.

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Illinois Rescinds COVID Era Construction Employment Law

At the height of the pandemic, the State of Illinois passed the 'Illinois Preference Act', requiring 90% of construction workers must be residents. Recently, that bill was retired after unemployment dropped below 5%.

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Record Number of Homes Under Construction Since 1973 — But There Is A Caveat

It's a perfect storm: high demand crashing with supply-chain and logistical delays. Add in low interest rates which increase the volume, and you're either going to be patient or pay higher interest rates.

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Study Shows 1 in 3 Michigan Construction Workers on Public Assistance

A report from the University of Berkley Labor Center, researching Michigan's construction industry, found that one in three workers receives public assistance, including Medicaid, cash payments, food stamps, or earned income tax credits.

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Jacksonville Jaguars Partnering with Group to Give Free Training for Construction Jobs

A new partnership between the Jacksonville Jaguars and Construction Ready plans to create more jobs with a free program. Their 20-day intensive course offers people hands-on experience.

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Top Five Items Creating Construction Delays

Residential and commercial builders struggle with obstacles that can delay deadlines and blow budgets. According to the Bureau of Labor Statistics, five main problems stand in new property owners' way before builders can hand over the keys:

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Amid Materials Shortages, Construction Thefts Are on the Rise

With costs rising and delays impending, construction site thefts become more commonplace. A Virginian contractor, when viewing security footage, witnessed a white pickup truck pulling up to his job site in broad daylight. Thieves loaded more than 200 2x4s into the bed. They also drove to the backside of the building and stole several panels of OSB.

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High Gas Prices Hit Roofing Construction Hard—And in More Ways than Just Fuel

The nation currently faces record-high gas prices; some construction companies feel the pain a little worse than others. For example, in El Cajon, CA, diamond Roofing faces prices above $6.00 a gallon.

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Contractors Hoard During Supply Shortage

The supply chain problems that arose after COVID remain. Erin Roberts from Ernst & Young's global construction and engineering practice, says: "With prices as high as 50% more than they were pre-pandemic, it's hard to find the materials you're looking for, which is leading contractors to hoard what they can find, building temporary warehouses where they can store materials. With suppliers, cash rules all, and credit is scarce.

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War in Ukraine Will Have Effects on Global Construction Prices

A Friday newsletter from the Associated General Contractors of America claims that Russia's conflict with Ukraine will likely drive up the prices of fuel, copper, and aluminum. The war also could further impact global shipping and supply chains.

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February Jobs Report Shows Construction Back to Pre-Pandemic Levels

The February jobs report surpassed expectations by revealing a 60,000 increase in the construction workforce; this represents 99% of pre-pandemic jobs.

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Global Hotel Construction Pipeline About to Burst

The pandemic affected the hospitality industry with significant shrinkage in the construction of hotels, restaurants, casinos, and other hospitality buildings. But the recent economic recovery shows positive signs, such as stalled projects now underway--some on hiatus since before 2020.

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Residential Slow Down "Sustained Softening," New Home Construction Dips

US homebuilders started the season at a seasonally-adjusted 1.64 million in January, down 4% from the previous month, the US Census Board reported last week. Economists polled by MarketWatch expected a median pace of 1.69 housing starts and for building permits to come in at 1.75 million.

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Construction Technology Helping Industry Power Through Labor Shortage

The labor shortage remains a thorn in the side of construction companies. Forbes reports that construction experiences more impact due to this issue than any other sector, including hospitality and tourism.

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Cyber Criminals Targeting Construction, Energy, and Engineering

Cybercrime attacks affect more and more companies. The numbers indicate fear expressed by significant corporations. Statista forecasts a $354 billion growth in the cyber security market by 2026. Researchers conclude that the construction, energy, and engineering spaces lie in the crosshairs.

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Labor Shortage and Material Prices? Add Energy Costs to the List of Construction Woes

As the world sees construction cost broken records due to lack of labor and materials, Europe warns that a new problem approaches: a massive spike in energy prices.

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Lumber Prices Are High, But the Real Problem is Price Volatility

Lumber prices--in constant flux--rose, fell, and rose again. New analysis shows that high prices don't present the danger so much as market volatility. The cost of lumber fluctuates more than it has since overseers kept records at the end of World War II.

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'Build Your Future Arizona' Bringing More Students into Construction Industry

Most American business sectors currently suffer from the labor shortage, but the construction industry's hiring dearth reaches back further than the pandemic. Builders have struggled to regain workers in every trade since the Great Recession.

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Overturning Mayor’s Veto, Maui County Council Enforces Two-Year Moratorium on Hotels Construction

This week the Maui County Council voted to overturn Mayor Mike Victorino’s veto of a bill that would halt all new hotel construction for the next two years. Councilmember Keani Rawlins-Fernandez, who introduced the bill, said that this isn’t intended to stop tourists from coming to the island; they only want to give the county more time to figure out how to accommodate the increasing number of tourists, as well as find more available low-income housing for Maui residents.

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Lumber Prices, Which Had Begun to Sink, Have Now Rocketed to Record Highs Again

The National Home Builders Association says increasing prices could cause the average new single-family home to increase by $18,600. Lumber prices hit record highs in May of 2021. During a brief price drop, the construction industry hoped to return to pre-pandemic numbers; unfortunately, costs snapped back up.

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Construction Spending Rises Overall with Residential, But Offices Fell Sharply

According to the Commerce Department on January 3rd, Spending on construction projects rose 0.4% in November to a seasonally adjusted annual rate of $1.63 trillion, less than the Wall Street Journal’s prediction of a 0.7% increase.

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Japan's Prime Minister Admits Country Has Been Overstating Construction Data for Decades

On December 15th, Japan's Prime Minister admitted overstatements by the government regarding the value of some construction orders; this struck a blow to investors and economists' confidence in the country's official statistics.

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Despite Materials Shortages, New Construction is Up

Census data from last week shows a 12% jump in housing starts in November over October; this occurred amid construction industry struggles such as the labor and materials shortage and all-time highs in construction costs.

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Skyrocketing Construction Costs Are Endangering An In-Progress Zoo Overhaul

Waco, Texas builders feel the heat of post-pandemic materials and labor price hikes. But perhaps no job site feels the pain more than the Cameron Park Zoo, a non-profit that relies on fundraising to expand. The zoo began construction with financing in place—prices spun out of control.

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New Report Shows Construction the #1 Most Targeted Ransomware Victim

According to research from NordLocker, ransomware targets construction companies hardest out of 35 different industries. This information comes from an analysis of 1,200 global companies targeted by ransomware between 2020 and 2021.

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Contractors Lament Having to Hire Worker Who "Have No Idea" How to Do the Job

Construction companies claim that the labor shortage forces them to pay higher wages for lower-skilled workers.

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Rancher Sues to Block Construction, Claims Conflict of Interest

A northern Nevada rancher plans to block construction of the United States’ largest lithium mine with a lawsuit; he alleges a conflict of interest on the part of the project’s chief consultant that downplays potential harm to water resources and wildlife.

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Housing Boom Continues to Break Records—But There’s a Twist

With low mortgage rates, plentiful jobs, and the market’s desire for more space, the housing boom in the United States stands at record levels. Last week the National Association of Home Builders announced a 7% jump from August; such levels haven’t existed since the housing boom in 2007.

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US Homebuilder Sentiment Rebounds Despite Problems

Despite supply chain slowdowns and rising housing costs, builder confidence rose 4 points in the last month to 80 on the National Association of Home Builders/Wells Fargo Housing Market Index. Though down from 85 in October 2020 and down from the record high of 90 in November, analysts consider anything above 50 to be positive.

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"Pricing Insanity" Affecting All Levels of Construction

Whether in board meetings or on job sites, construction employees at all levels express concern regarding the unprecedented hikes in building costs.

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Labor Shortage Will Get Worse, Not Better, Reports Show

It’s no secret that the shortage of skilled labor, both in the United States and worldwide, impacts the construction industry. A report released on September 22nd, 2021 by the U.S. Chamber of Commerce states that 92% of contractors experienced “moderate to high levels of difficulty” finding workers. In addition, 93% of contractors expect hiring to become more complex.

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Economists Say No End in Sight for Cheaper Residential Construction

Amid declining prices of some building materials, such as lumber, since their early 2021 peaks, other materials costs remain at record highs. Steel, paint, fixtures, and appliances top the list. As a result, economists believe exorbitant prices will persist.

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Attracting New Talent in a Construction Market Where Employees Have the Leverage

The construction industry needs new blood; labor shortages exist everywhere, and methods of attracting new hires increase in complexity.

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New Residential Construction Booms, But Watch Out For Your Wallet

Despite a tough eighteen months for the construction industry, residential construction proceeds at a break-neck pace. But increased costs and uncertain build schedules increase the difficulty of home construction. Construction spending sits 8.2% higher than one year ago.

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Hyundai Buys Doosan Creating One of the Largest Construction Equipment Companies

Last week, Hyundai Heavy Industries purchased Doosan Infracore, creating a combined company in the top ten largest global construction equipment manufacturers. The plan makes Doosan Infracore a subsidiary of Hyundai Genuine group, of which Hyundai Construction Equipment is also a subsidiary.

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Bipartisan Infrastructure Bill Includes $100 Million For Construction Technology

The $1.2 trillion infrastructure bill passed in the Senate last week includes an investment in construction technology of $100 million spread over five years. The government intends to focus the funds on digital construction technologies such as BIM, 3D modeling software, and digital project management.

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Construction Unemployment Rates Down in 45 States

According to the Associated Builders and Contractors (ABC) report in conjunction with the U.S. Bureau of Labor and Statistics, the national construction unemployment rate dropped 2.6% in June compared to the same month last year. Forty-five states experienced decreases, though the rates have not rebounded back to pre-pandemic levels.

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Mighty Buildings Raises $100 Million for Carbon-Neutral 3-D Printed Homes

Based in Oakland, CA, the construction technology company Mighty Buildings raised $22 million last month, increasing its total funding to more than $100 million as it goes after the sustainable construction market. Mighty Buildings pursues a goal of creating net-zero carbon emission homes by 2028.

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ABC Reports One Million More Construction Workers Needed

According to a new report from Associated Builders and Contractors, the construction industry—already short on workers before the pandemic—needs to hire 430,000 more laborers in 2021 for a total of 1,000,000before the end of 2022.

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Summer Construction Camp Looking to Draw More Women Into the Skilled Labor Pool

East High School in Des Moines hosts a free construction camp for girls aged 14 to 18. The class includes some lecture time and plenty of hands-on experience, such as wiring a three-way light switch.

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Bipartisan Infrastructure Bill Boosts Construction Stocks

After the federal government passed a bipartisan deal for $973 billion in infrastructure spending last Thursday, the S&P 500 posted its best week since April, closing out Friday at new record highs. Shares of construction giants Caterpillar, Martin Marietta Materials, and Vulcan Materials traded higher on the news.

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New Report Shows Housing Construction 5.5 Million Units Short

A new report from the National Association of Realtors revealed a slowdown in construction over the past twenty years—primarily due to focus on single-family homes rather than multi-family houses. The result: a 5.5-million-unit shortfall.

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Construction Costs May Spoil Europe's Recovery Plan

Like the United States post-pandemic recovery plan, the European Union passed an €800 billion program to speed the continent's recovery. But now, construction executives and organizations warn that a rapid rise in construction costs may cause a significant speed bump in that plan and may stop the recovery altogether.

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With a Labor Shortage, Why Is Construction Shedding Jobs?

The economy added 559,000 jobs in May, and the unemployment rate fell from 6.1% to 5.8%. However, despite the job gains and a massive labor shortage that has plagued construction, the industry lost a net 20,000 jobs; this comes after an April with no increase in construction jobs.

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New Construction is Selling for Less Than Existing Homes, But That’s Misleading

The exploding residential market continues to skyrocket, rising as quickly as manpower and material supplies can accommodate. And yet, new national data from the first quarter of 2021 shows that existing homes sell for higher prices than new construction.

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Bureau of Labor Statistics Releases Best Paying Construction Jobs Figures

Due to high demand, of all industries, construction perhaps most seamlessly weathered COVID-19. Hence, construction workers enjoy premium pay. The United States Bureau of Labor Statistics (BLS) forecasts construction employment adding 4% year-on-year from now through 2029, compared to a national job average of 3.7%. The BLS expects to see the most growth in solar photovoltaic installers (up 50.5%), tile and stone workers (up 8.6%), and electricians (up 8.4%).

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Construction Plastics Market to Reach $140.7 Billion by 2028, Study Finds

Adroit Market Research announced that they expect the construction plastics market to reach $140.7 billion by 2028 at a compound annual growth rate (CAGR) of 6.67%. Polyvinyl chloride, polystyrene, polyethylene, polyurethanes, and other materials comprise the construction plastics market. Builders use these materials for various purposes, including roofing, walls and coverings, pipes and ducts, and windows.

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Workrise Raises Over $300 Million to Train New Construction Worker

Every construction company knows about the drastic shortage of skilled labor entering the market. Numerous polls cite this shortage as the number one or two concern among contractors, builders, and owners.

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New Home Construction Slows, Sees Escalation Clauses As Prices Rise

With single-family home starts down 13% in April, compared to March, many potential homeowners wonder why a slowdown persists during a period of high demand. The answer: lack of workers and scarcity of building materials.

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215 Million Square Feet of Office Space Under Construction, But Slowing

A recent consensus from the American Institute of Architects predicted an 11% decrease in office construction. Tech-driven cities such as Manhattan, Boston, Seattle, Los Angeles, and the Bay Area drive the growth. Builders constructed 25 million square feet of office space in the first two months of 2021, with more coming.

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"No Demand": Big Cities Can't Replace Offices with Apartments

With demand for office space in many big cities—from Melbourne to New York City to London—at significant lows, some housing advocates push to turn empty office space into residential apartments.

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Materials Shortage Causes Slow in Construction Hiring

Despite the massive worker shortage plaguing construction, new figures from the Bureau of Labor Statistics show that homebuilders have slowed their hiring pace. The trend moves upward at a crawling pace.

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New Home Construction May Finally Be Meeting Demand

With a season of extreme shortages in new home availability, promising signs of increased production might catch up with demand.

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Autodesk’s 2021 Construction Report: “The Market Is Back”

Autodesk published its 2021 Construction Outlook, which analyzes the current construction situation and forecasts the upcoming year. In an interview with Forbes, Autodesk Senior VP and General Manager, Jim Lynch, gave an optimistic assessment: “The big takeaway is that the market is back.”

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As COVID Begins to Fade, Construction Woes Linger

Despite the blockbuster residential market, as a post-vaccination country re-opens for business as usual, construction industry problems remain. Two issues hang over the construction industry's head: material and supply chain and labor shortages.

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Residential Construction Booms in These Ten Cities

The massive boom in residential construction remains in the news, even with a slowdown at the beginning of 2021. Most anticipate the market to stay strong throughout the remaining year.

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Construction Company Owner Defrauded SBA with Veteran Claims

This week in Texas, a federal grand jury returned an indictment on Michael Angelo Padron with one conspiracy charge to commit wire fraud and eight counts of wire fraud, along with two co-conspirators. According to the charges, Padron placed a service-disabled veteran, Ruben Villareal (one of the co-conspirators), as frontman at his construction company to acquire Small Business Association contracts reserved for veteran-owned businesses.

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COVID and Labor Shortage Means Perfect Conditions for Women to Enter Construction

A Fox Business report this week cites an increase in women moving into the construction industry. Within the past 12 months, many more women than men lost their jobs due primarily to womens’ prominence in the retail, hospitality, and travel industries.

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Despite Massive Unemployment, Construction Still Struggles to Fill Job Vacancies

In a year that has seen massive layoffs and millions of people looking for work, you'd think that construction—an industry that has historically suffered from significant labor shortages—would fill vacancies with the flood of unemployed workers. Construction companies have found increasing difficulty hiring skilled laborers.

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Australian Construction Company Working in Manhattan Sees Profits Drop 26%

The Australian construction company Lendlease reported last week that its operating profit had fallen 26% from the same period in 2019, from AU $278 million (U.S. $219 million) to AU$205 million ($162 million.) It also cut its dividend by 50%.

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Fortune Magazine Publishes Most-Admired Construction and Engineering Firms

Fortune magazine has published its annual ranking of most admired companies in all sectors, including construction and engineering. The category leader was AECOM, followed by Jacobs, Quanta Services, MasTec, and KBR.

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New AGC Report Shows How Much Work is Left to Get Construction Back to "Normal"

The Associated General Contractors of America's "2021 Construction Hiring and Business Outlook" report uncovers a significant post-pandemic slowdown. The information also doesn't predict a return to typical construction in 2021.

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Autodesk Acquires Spacemaker, an Artificial Intelligence-based Urban Planner

Autodesk, the maker of Revit and AutoCAD, has acquired Spacemaker, an artificial intelligence-based software company to increase automation opportunities for its portfolio.

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Could a Reduction in Young Construction Workers Mean a Labor Shortage?

Fewer young people are entering the construction industry; this could translate into an increasing labor shortage. Compared to 2009, there were 330,000 fewer construction workers between the ages of 20-29 than in 2019.

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Gamers Giving Boost to Construction Technology

One of the oldest electrical contracting companies, Rosendin, with nearly 7000 workers, is looking to an unusual source for its training: gamers. Founded in 1919 and active in commercial, institutional, transportation, and other sectors, the company began using 3D modeling in early 2000. That team of modelers has expanded to more than 250 employees who are immersed in BIM technology. And those modelers? They’re coming from gaming backgrounds.

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The Highest Paid Construction Jobs that Don't Require a Degree

Between 2020 and 2030, the Bureau of Labor Statistics projects that about 60 percent of new jobs in the economy will be in occupations that don’t typically require an associate’s, bachelor’s, or graduate degree.

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Including People Skills in Construction Management

In business schools across America, managers are taught to use the “soft skills” that can’t be measured with a calculator. Hard skills include things like accounting, productivity, efficiency, and output. Soft skills are the harder to compile things like communication, empathy, teamwork, flexibility and problem solving.

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New Forecast Says 2.7 Million Construction Jobs to be Automated by 2057

MEPI, an organization that focuses on infrastructure and construction in the Midwest, reports that their forecasts say that 2.7 million jobs currently done by laborers will be done by autonomous robots by the year 2057.

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Building Futures Changing Lives

A year ago, Jaqueline Haller was homeless, addicted to drugs and behind bars. Today she is starting an apprenticeship with the Plumbers and Pipefitters Local 189, as part of the Building Futures program.

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Five Ted Talks that For Construction and Design Professionals

Stunning buildings made from raw, imperfect materials

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Women's Organizations Building the Construction Industry

Teresa Mast, president of Sarasota-Manatee Professional Women in Building (PWB), was surprised when fifty women showed up at the first meeting of the organization. Mast, who is also president of her company, the custom building and remodeling Davin Group, has been in the business for twenty-six years, and sees it as her goal to encourage women and girls to pursue work in the construction industry.

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Understanding Your Role In The Workplace

Success in the workplace depends on how well employees work together to accomplish goals. In order to grow any organization and be profitable, employees must have an understanding of each other’s strengths.

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Ensuring the Customer is Always Right

For as long as I can remember, I have been trained and taught to believe that “the customer is always right.” And while there is no question that the customer should always be made to feel valued and heard, where...

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Keeping it Professional: How To Be The Best Version of You

I have found through my personal experience that becoming a professional in life requires special attention to detail. It’s the small things that produce big results. Being a professional and...

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Updating Sage Accounting Systems

hh2 was designed from the ground up to sync with Sage accounting, specifically Sage 300 Construction and Real Estate, and Sage 100 Contractor. It is therefore essential that, when you update Sage you do not...

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