Your source for construction industry news in the Carolinas
With September’s arrival, those who love college football are again enjoying tailgating, touchdowns, the sound of marching bands, and crowds cheering and singing their alma mater. Hope for a conference championship reigns supreme. Nothing beats winning.[1] And then those who get their thrills from politics, cheering crowds, music, and political cheerleaders can enjoy an endless…
Poyner Spruill LLP is pleased to announce 64 firm attorneys have been selected by their peers for inclusion in the 2025 Edition of The Best Lawyers® in America and Best Lawyers: Ones to Watch® in America in nearly 50 practice areas. Five Poyner Spruill attorneys were recognized on the Best Lawyers® in America list for…
Drop in Spending Likely Caused by the Fact 94 Percent of Construction Firms Report They are Having a Hard Time Finding People to Hire as Construction Spending Falls to an Annual Rate of $2.162 Trillion Construction spending slid 0.3 percent from June to July, pulled down by declines in private residential and nonresidential construction, according…
The construction industry had 248,000 job openings on the last day of July, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings…
National nonresidential construction spending decreased 0.2% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.4%,…
Lovett Industrial, a Houston-based real estate investment firm, recently closed on a 27.4-acre land site and is preparing to break ground on Durham Logistics Center, consisting of 351,030 square feet of Class-A industrial space in Durham, North Carolina. Situated at a prime location facing the intersection of I-85 and I-885 in Durham, North Carolina, the…
FMI recently released their 2024 third quarter Civil Infrastructure Construction Index (CICI). According to the management consulting firm, the CICI dropped almost six points in the second quarter, signaling a potential cool down in the civil infrastructure space. This quarter respondents said bid prices dropped while new competitors in their markets increased, indicating a tighter…
Confidence in the market for new multifamily housing declined year-over-year in the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down 12 points year-over-year, while the…
For the second year, the NAIOP Research Foundation has published the NAIOP Market Monitor, which evaluates office and industrial real estate markets using a two-dimensional analysis based on a metropolitan market’s size and its relative volatility – a departure from traditional commercial real estate market rankings. Among the key findings this year: An interactive map and…
Today, Autodesk announced that it has been named the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and Team USA. Over the next four years, Autodesk’s software – used by designers, engineers, builders, and creators – will support LA28’s more than $1 billion temporary overlay and construction plan, incorporating sustainable design principles. Autodesk’s Design…
Newforma, a leader in project information management software, and AVEVA, a global leader in industrial software, today announced a powerful new integration between Newforma Konekt and AVEVA E3D Design. This integration, developed by Léo Salvador of Ingeloop, revolutionizes how design teams manage and collaborate on issues within complex projects. “This collaboration with AVEVA represents a significant step forward in…
At WRYKER Construction Supply, we have talked a lot about on-the-job safety in the Toolbox Talks on our blog. We have covered scaffolding, ladder safety, heat stress, and women’s PPE. Today, we want to talk about something a little bit different: Off-the-job safety. Every year 55,000 people die accidental deaths off-the-job. These deaths come mostly…
Carolinas AGC (CAGC) members and staff, along with Sen. Ross Turner (Greenville) and SCDOT Secretary Justin Powell, were excited to join Gov. Henry McMaster for a ceremonial bill signing of the recently passed Operation Work Zone Awareness legislation. This new law, requested by Carolinas AGC and sponsored by Sen. Turner and Rep. Gary Brewer, requires the Department of Motor Vehicles (DMV) to establish a construction…
September 2024 is Suicide Prevention Month With a suicide rate that is four times greater than the national average, the construction industry is facing a crisis. The industry faces unique challenges, including high stress, demanding work conditions, and a culture that often stigmatizes seeking help. Construction workers are at a heightened risk for suicide for…
Drop in Spending Likely Caused by the Fact 94 Percent of Construction Firms Report They are Having a Hard Time Finding People to Hire as Construction Spending Falls to an Annual Rate of $2.162 Trillion Construction spending slid 0.3 percent from June to July, pulled down by declines in private residential and nonresidential construction, according…
While Construction Science and Management (CSM) students at Clemson University were on summer break, the Nieri Department of Construction, Development and Planning hosted a camp attended by 15 high school students of various ages from across the country. The camp was organized by Alastair Boulding, Professor of Practice in Clemson’s Department of Construction, Development and…
Carolinas AGC Foundation awarded $20,000 ($8,000 more than in past years) to eleven students who are entering the commercial construction industry. After having a record-breaking number of applicants, the selection committee had the hard task of narrowing down the applications and selecting this year’s scholarship recipients. Congratulations to these 11 students selected to receive scholarships. The future is looking…
