Your source for construction industry news in the Carolinas
Beck Technology, a leading software and service firm for the commercial construction industry, announced that the national construction and design firm Rodgers Builders has selected the DESTINI® Suite of software to provide a comprehensive, end-to-end estimating platform for its estimators and team members through a five-year enterprise licensing agreement. Based in Charlotte, North Carolina, Rodgers…
Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0.8…
The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Nonresidential construction employment added 8,600 net new jobs in November, a figure that would have been substantially higher were it not…
Construction employment increased by 24,000 jobs in November to the highest level since November 2008, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that tight margins are keeping firms from paying even more to attract hard-to-find workers, noting that efforts to cut tax rates should…
Coworking, the style of work marked by open shared spaces among workers of different companies and popularized by “solopreneurs” and tech workers, is quickly being embraced by those who manage real estate needs for large corporations. The trend is explored in a new whitepaper, The Evolution of Coworking and Impact on CRE, released by CoreNet Global, the…
Atlantic Coast Pipeline, LLC announced today it has signed Project Labor Agreements with the nation’s four leading building and construction trade unions. The agreements reaffirm the Atlantic Coast Pipeline project’s commitment to hiring skilled union workers for the pipeline’s construction. The agreements were signed with the Laborers’ International Union of North America (LiUNA), Teamsters National Pipeline (Teamsters),…
Parker Poe Consulting, a wholly-owned subsidiary of Parker Poe Adams & Bernstein LLP, is strengthening its position as a leading Southeastern government relations resource through the addition of experienced lobbyists Chuck McMullen and Amy Odom. Long serving on opposite sides of the political aisle, each with impressive records of legislative successes, Odom and McMullen are…
FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of its fourth “FMI Quarterly” issue for 2017. The publication (co-sponsored by Zurich) comprises a collection of industry insights and strategies focused on innovation and transformation in today’s…
A fixture the in the Carolinas, Dr. Bruce Yandle released his quarterly Economic Situation Report. Yandle prospects for 2018 were positive. “These can be summarized in a simple statement: if you felt good about 2017, you should look forward to 2018,” he wrote. “In other words, don’t expect to see major changes in the nation’s…
The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018….
