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Which Segment of Technology Adoption Does Your Company Belong To?

While the thought of new technology is exciting for some, it takes some time and proven results for others to get behind adopting a change in one’s workflow. This can be explained in detail in the Diffusion of Innovation...

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How to Solve Sustainability? Data is the Solution Says Procore’s CEO

Procore Technologies, Inc. CEO, Tooey Courtemanche, stated that construction technology is the key to unlocking a more climate-conscious construction industry.

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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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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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Construction Drug Test Positivity at 20-Year High

In an industry with high injury and accident rates, many raise their eyebrows at new statistics that reveal rising use of cocaine and marijuana. Moreover, drug tests uncover illicit substance abuse after work-related accidents. Opiates and oxycodone also show up in drug screenings.

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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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Concrete Strike is Hitting Low-Income Communities Hard

With over 5,000 Seattle residents waiting for affordable housing, an ongoing strike continues to delay the construction of up to 1,800 low-income units.

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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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Tech Solutions Solving Labor Shortage Issues?

Despite the recent growth of construction jobs, a labor shortage remains, especially with small contractors and businesses. In September, the National Federation of Independent Business reported that 51% of small business owners couldn't fill job openings, more than double the 22% historical average.

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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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"Spreadsheets Are Crushing Project Managers," Article States

Businesses continue to use spreadsheets as practical tools. Most agree that Excel offers a robust solution. But an article this week in Construction Dive poses that too many spreadsheets and not enough automation cause difficulty for construction project managers. In addition, project managers do more business these days on smartphones and tablets. Excel doesn't offer the simplicity needed in this business environment.

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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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Construction Industry Lagging Behind Technologically. Here's One Way to Save Time and Money

Despite being one of the largest sectors of the global economy, the construction industry is notoriously slow to adopt new technologies; this leads to shortfalls in productivity. According to a report by McKinsey Global Institute, "Reinventing Construction: A route to higher productivity," labor productivity across all sectors has grown by 2.8% in the last 20 years, but construction productivity has only increased by 1%.

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New York State Breaks Ground on First Offshore Wind Farm, But It Won’t Be the Last

Last week, New York broke ground on its first offshore wind farm. The construction project represents the first step in a long list of the state’s energy projects. New York expects the South Fork Wind project off the coast of Long Island to operate by the end of 2023.

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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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Bay Area Contractor Settles with EPA Over Lead-Based Paint Problems

For decades, strict laws have governed dangerous waste handling, including lead-based paint and asbestos. EPA guidelines leave no room for speculation regarding contractor disclosure and mitigation of hazardous materials.

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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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US Department of Transportation Launches $27 Billion Bridge Retrofit

Last week the US Department of Transportation launched an initiative known as the “Bridge Formula Program,” which aims to be the most extensive repair and restoration project on United States bridges since the 1950s. With $26.5 billion to spend over five years, plus an additional $825 million for tribal transportation, this will be a massive undertaking projected to create many construction jobs—if there are laborers available to take them.

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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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Studies From Canada Show Increased Mental Health Problems in Construction

Multiple studies indicate that the COVID pandemic and job insecurity affect workers’ mental health. For example, a Canadian study says construction workers experience more mental health issues than most.

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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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Thieves Across the Country Are Stealing Construction Materials

Across the United States, in the wake of materials shortages, thieves have been ransacking job sites. They don’t just steal power tools; they take lumber, fixtures, and steel.

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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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ConTech Company Introduces New Credit Card for Construction Industry

Flexbase, a construction technology company, plans to offer something new: a particular credit card for the construction industry. The card provides up to 60 days of interest-free financing.

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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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Mosaic Raises $44 Million for Construction Planning Process, Buys Home Builder

Mosaic Building Group, a Phoenix-based construction tech startup, has raised an additional $44 million in Series B funding, bringing their total funding to $68.75 million. Mosaic designed its software to manage construction infrastructure in a way that will allow real estate developers to focus on things like land acquisition, sales, and architecture. Ultimately, Mosaic says, their goal is to make residential construction more scalable.

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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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Data-Driven Safety is “Still Emerging” in Construction Industry

A report issued by Dodge Data & Analytics and The Blue Book Network cites movement in the construction industry toward data-driven safety and digital record keeping. However, the report also uncovers holes in the adoption of this technology.

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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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Despite Warnings of Problems, Dubai Reports Low Construction Accident Rate

At Expo Dubai, construction officials reported a 0.03 accident frequency rate (contrasted against 0.1, The United States latest numbers); this came amid adverse working condition reports. More than 25 million visitors have visited The Expo Dubai, a massive undertaking similar to the World's Fair. Construction for the Expo began more than six years ago.

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14 Mobsters Arrested in Decades-Long Construction Union Shakedown

The Colombo crime family targeted a construction union in Queens (the union remains unnamed in the unsealed court paper). Mobsters demanded monthly payments from the union’s health fund. Andrew Russo made the list of defendants. He acted as the alleged boss of the family, accused of taking $10,000 a month from the union fund.

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Seattle Carpenters Union Votes to Strike, Shutting Down Sites Around the City

Amid a construction community atmosphere already stretched to breaking by labor shortages, a Seattle carpenters union takes an unexpected path by voting to go on strike. The results: 56% for, 44% against striking.

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No End in Sight for Cheaper Residential Construction, Economists Say

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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Famed Manhattan Skyscraper Developer Sued for $125 Million, Plus Damages

In a complaint filed last week, the condo board of 432 Park Avenue says that more than 1,500 construction errors, some deemed to be “life safety issues,” riddle their 96-story building. The building once stood as a media darling with celebrity tenants such as Jennifer Lopez and Alex Rodriguez.

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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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Texas Reports Delta Variant is Hammering Construction—Again

Despite the rapidly growing population, the pandemic-driven boom in residential housing sales and the high demand for builders with large backlogs, construction in the Lone Star State looks dismal.

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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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Apple and Google Preparing Massive Construction in San Jose Despite Pandemic Setbacks

Tech giant Apple intends to construct a new campus complex in San Jose that will cover 85 acres and include their north office. The building site contains a semi-permanent homeless encampment currently. Apple pledged to help the city deal with its homeless population.

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Nonresidential Construction Prices Up 23% Over 2020

According to new data released from the Bureau of Labor Statistics on August 12, nonresidential construction prices have increased 23.4% since this time last year, including a 0.8% increase over last month.

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ABC: OSHA Requirements Are Minimum Standards, Not Highball

According to the most recent data from OSHA, construction continues its poor streak as the most dangerous industry in the United States, accounting for one in five workplace deaths.

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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 Spending Bumps Up In June, But Barely

The Commerce Department released a report on August 2nd indicating that construction spending inched up a slight 0.1% in June; this was a tradeoff as private projects increased and public sector construction projects dropped.

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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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Architecture Billings Index Indicates More Construction In Pipeline

The Architecture Billings Index (ABI) released its report for May 2021, showing that the demand for architectural services is at a record high. The ABI measures demand through tracking signed contracts. It hit 58.5 in May, up from 57.9 in April. (Anything above 50 indicates an increase over the previous month. Anything lower than 50 marks a decrease.)

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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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Construction Ripe for Tech Innovation? Yes, But with Conditions

Construction companies understand their industry’s tendency to adopt new tech at a snail’s pace; this makes construction a major target for new tech startups, but there’s a catch.

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Lumber Prices Drop for Nine Straight Weeks

Dropping to the lowest price they've been since January, lumber fell 4% on Friday to $689 per thousand board feet; this represents a dramatic drop over the last nine weeks after the prices topped out at $1670 on May 7th.

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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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Five Things to Think About When Adopting New Construction Technology

Every week, it seems like a new construction technology claims to revolutionize the industry. But are these technologies right for you, and will they succeed as the claimed magic bullets that completely revamp your workflow? Here are five questions to ask:

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New York City Shuts Down 300 Jobsites Over Safety Violations

After the death of seven construction workers so far this year in New York City, including three in May, the city’s Department of Buildings plans to crack down on safety violations.

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Habitat For Humanity Struggling Under Weight of Material Costs, COVID

Habitat for Humanity, the charity organization that builds homes for the disadvantaged, faces financial trials. The first blow came from the virus; safety precautions severely reduced the number of volunteers they could have onsite. The second came from the lack of revenue from closed ReStores, a chain of reuse stores Habitat for Humanity runs to partially fund their projects. The third blow came from supply chain issues—the same issues faced by all residential contractors.

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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 Data Shows Input Prices Jumped 24%

Contractors know about massive price jumps in materials. Still, a new report from the federal government shows that non-residential construction input prices rose 23.9% in May over May of 2020, and the prices rose 4.8% since April.

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Report: Construction Errors Led to Mexico City Metro Collapse That Killed 26

A preliminary report issued by the Norwegian company DNV and other international experts—prepared at the request of the Mexican government—found that at least six construction violations led to the collapse of the metro train last month that killed 26.

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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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Modular Construction Hits the Big Time But Has Historic Roots

Builders chatter about modular construction, particularly over the past few years. Even Warren Buffet entered the market with an ambitious venture into the technology. A new report projects modular construction to be worth $114 billion by 2028.

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Construction Facing "Perfect Storm" For Robotics

ABB, the Switzerland-based engineering group behind much of the world's automotive factories' robotic assembly lines, holds that the post-pandemic state of mass construction and labor shortage indicates a prime time to integrate robotics into the process.

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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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Warren Buffet’s New Take on Modular Housing: Make it Like IKEA

Danny Forster Architecture, a New York firm, has partnered with MiTek Inc, a company owned by Warren Buffet’s Berkshire Hathaway, to create the Modular Activation Platform (MAP); they intend to solve some of the main problems with modular construction.

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Controversial New Legislation Seeks to Protect From Wildfires

Californians face the increasing severity of wildfires at the beginning of fire season. The Los Angeles City Council seeks to slow fires with a new proposal: City Building Code Fire District 1 Expansion. This initiative expands fire safety measures in dangerous neighborhoods, such as Silver Lake and Pacific Palisades. The proposal severely limits the use of wood framing in large buildings (over 150,000 square feet).

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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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Architectural Booms May Signal Economic Slowdowns

While great economic times foster magnificent architecture—society builds few massive edifices during food shortages—two rising theories posit that booms in architecture could indicate a coming economic bust. More than that, one such theory blames architecture itself for the downturn.

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2022 Construction Looks Bright Despite Labor and Workforce Problems

The Dodge Momentum Index, a monthly measurement of nonresidential building projects in planning, jumped 8.6% last month, climbing to 162.4 over 149.5 in March; this happened despite hitting its nine-year low in January; the index grew 77% over the previous three months. Healthcare and laboratory projects lead the index, while commercial projects have slipped with fewer warehouses in production. Overall, the index sits 31% higher than in April of last year.

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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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Nonresidential Construction Down 1.1% in March

According to data from the Associated Builders and Contractors (ABC), spending declined in 11 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.9%, while public nonresidential dropped 1.5% in March.

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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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Work Zone Fatalities Reach 15-Year High

According to new data released from the Federal Highway Association (FHWA), in 2019 (the year with the most recently compiled data), 842 fatalities occurred in work-zone crashes, compared to 757 in 2018, representing an 11.2% increase; this means the highest number of deaths in work zones since 2004.

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“Uber of Construction” Raises $6 Million in Funding

Curri, a new company referred to as the “Uber of Construction,” gains investors as it seeks to disrupt a stagnant distribution model.

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Construction Materials Shortage Getting So Drastic It’s Leading to Theft

Nobody in the construction industry sees the material shortage as new news; lumber has climbed more than 300% since March of 2020. According to a survey from the Associated Building Contractors, lack of materials competes for top concern among contractors, alongside the labor shortage.

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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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March Home Construction Booms, But is There a Bubble?

U.S. housing construction grew at the fastest pace since 2006 in March as builders recovered from the February weather-related slowdowns. Builders began construction on new homes at a seasonally adjusted rate of 1.74 million units in March, up 19.4% over February when building fell 11%. As the fastest boom in growth since the 2006 housing craze, some economists are pleased while others are wary.

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New NYC Marijuana Law Causing New Construction Rules Woes

On March 31, 2021, Governor Andrew Cuomo signed into law a bill that makes recreational marijuana legal in New York. Anyone over the age of 21 can possess up to 3 ounces of the drug. As far as construction crews, a simple solution seems obvious: make a rule that no one may work while impaired. But the problem's complexity requires a more involved solution.

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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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New Jobs Report Shows 110,000 New Construction Hires in March

The unemployment rate dropped to 6%, adding 916,000 jobs to the economy. The construction industry, with 110,000 new jobs, represented a significant portion of the employment growth.

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LA Tackling Housing Crisis Through Backyard Tiny Homes

Los Angeles, one of the largest metropolitan areas in the world, faces a massive housing shortage. Many people live in wooden barracks. The Los Angeles Department of Building and Safety plans to react to their crisis by launching the Accessory Dwelling Unit Standard Plan Program. Based on a 2017 statewide law, their directive enables the city to approve the construction of tens of thousands of “high-design, minimal dwellings” in-home backyards throughout the city.

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