Your source for construction industry news in the Carolinas
As technology continues to evolve, construction marketers are constantly seeking new ways to streamline their processes and improve their effectiveness. Tools based on Artificial Intelligence (AI), the ability of machines to perform tasks that would normally require human intelligence, are accelerating in user adoption. One tool that is becoming increasingly popular among construction marketers is…
Do you operate your business in North Carolina under an assumed name? If so, it is important to ensure your assumed name is still effective given statutory changes effective December 1, 2022. What is an assumed name? Assumed names are a common feature of doing business in North Carolina. In general, an assumed name is a…
The Carolinas Associated General Contractors and SC OSHA recently formed an Alliance whereby they will use their collective expertise to further promote safe and healthy worksites. “Nothing is more important in the construction industry than safety, and this Alliance will help greatly in keeping occupational hazards as low as possible,” CAGC President and CEO Dave Simpson…
The outlook for the industrial real estate market remains bright, despite rising interest rates and the growth of new space being developed, according to the latest NAIOP Industrial Space Demand Forecast, released today. Low vacancy rates will continue to support growth in rents and property values. The current forecast has been revised upward from August…
Large Increases Hit Price Indexes for Flat Glass, Metals, Cement, and Paving Materials; Association Officials Urge Federal Leaders to Ease Proposed Rules that Will Make Products Even More Expensive The price of materials and services used in nonresidential construction increased by 0.4 percent from January to February, outpacing the 0.1 percent increase in contractors’ bid…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. Backlog rebounded in February and…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. Backlog rebounded in February and…
The construction industry added 24,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 249,000 jobs, an increase of 3.2%. Nonresidential construction employment increased by 11,600 positions, with growth registered in…
Acting United States Attorney M. Rhett DeHart announced today that Kevin B. Marsh, 66, former SCANA Corporation (SCANA) Chief Executive Officer and Chairman of the Board of Directors, was sentenced to two years in federal prison after pleading guilty to conspiracy to commit mail and wire fraud. Evidence presented to the Court showed that Marsh…
Jordan Hernly: Leading the Next Generation of Women Custom Home Builders As a college student studying Communications and Marketing at the University of North Carolina Wilmington, Jordan Hernly wasn’t quite sure what career path she wanted to take following graduation. However, it was a chance meeting during her senior year at a meet-and-greet with Longshore…
