Bellwether Construction Reports

The Doge Momentum Index is now at a 12-year high. Economists report that the progress is led by a 77% rise in the institutional category—in just the last three months. Of course those in the industry know that there are...

Article

Springing Forward: Construction Forecast

  As 2021 starts to gets its groove on, experts predict that the construction industry will be making up for lost time. Many contractors are likely to be hiring again—there could even be a labor shortage. Challenging But Good Times...

Article

Commercial Construction: Pivot Time?  

As residential construction continues to boom, commercial contractors are jumping into the action. Some of the customers driving the boom are first-time buyers—who are making tech-enabled purchases without ever actually seeing their new home. Strong Demand for Housing With the...

Article

Construction as a Spectator Sport: Tesla In Texas

  Tesla started building a $1.1 billion production facility on 2,000 acres outside Austin Texas in summer 2020. Elon Musk has said that vehicles will be rolling out by summer 2021! What’s next? Speed Please The new plant will be...

Article

Pharmaceutical Construction: Rushed Planning Creates Delays

As the world awaits vaccines, an analysis of pharmaceutical construction projects finds that delays average four months. The time for better planning processes has arrived!  Speed Can Backfire—and  Increase Costs Turner & Townsend’s analysis of 20 of the world’s pharmaceutical...

Article

Bound for Growth: Home Construction Businesses

With the demand for homes outpacing inventory, now’s a great time to start or expand your contracting business. Understanding the New Demand for Housing In 2020, many people discovered they didn’t need to be close to the office or even...

Article

Growth Forecast: Data Center Construction

At work and at home, we are creating, analyzing and sharing more and more data at faster and faster speeds. Headed into 2021, new storage centers are in high demand. Data Creates Demand for Brick and Mortar Construction Cloud-based services,...

Article

Commercial Construction Outlook

  The  U.S. Chamber of Commerce finds reason for optimism with the release of the fourth quarter Commercial Construction Index (CCI). Most contractors anticipate the new year will bring sufficient new business, with one in three planning to hire workers...

Article

Public Construction on the Drafting Table in Ohio

Capital budget plans, delayed by the coronavirus this spring, are underway, with $2.5 billion proposed for construction across the state. Time To Build: Schools, Colleges, Roads and More With interest rates low, officials are looking to state-issued bonds to jumpstart...

Article

Constructions Begun: Perseverance In Boston

 A $31.1 million road construction project is underway in Boston! Delayed for decades, it will now incorporate the latest approaches to pedestrian and bike-friendly roads. Wide Sidewalks, Bike Lanes and a Roadway Revamp Too Scheduled for completion in 2023, the...

Article