Your source for construction industry news in the Carolinas
It has now been nearly two years since firms saw sustained growth. However, clients are still expressing interest in new projects, as inquiries into work have continued to increase during that period. However, those inquiries remain challenging to convert to actual new projects in the pipeline, as the value of newly signed design contracts declined…
Total construction starts rose 6% in August to a seasonally adjust annual rate of $1.2 trillion, according to Dodge Construction Network. Residential starts rose 5%, nonbuilding starts gained 17%, while nonresidential buildings fell 2% in August. On a year-to-date basis through August, total construction starts were up 4% from the first eight months of 2023. Residential…
The Industrial Networking Group (ING) is celebrating 10 years. GroundBreak Carolinas recently sat down with ING founder Chris Simmons to discuss the group’s growth and success. What is ING? The Industrial Network Group is a network of industrial professionals focused on improving their skills, increasing their network, and gaining more opportunities for their company. This…
Experts predict that artificial intelligence (AI) will follow in the footsteps of technologies like search engines and cloud computing, becoming a mainstream tool across industries. Despite challenges such as limited expertise and data complexity, AI is making strides in construction projects, though adoption in this field still trails other sectors. A McKinsey report highlights the…
Sparkplugs are the people in your business who make things happen – and they are essential if you want to grow beyond what you alone can ignite. We all need them in our businesses – the people I call “sparkplugs.” Sparkplugs ignite fuel. They make combustion. They make things happen. They are essential if you want…
The net absorption of industrial real estate – the amount of space occupied minus space vacated over a given period – has slowed from record levels in the wake of the pandemic, but the sector remains strong, according to the most recent NAIOP Industrial Space Demand Forecast. Total U.S. industrial net absorption in the first half…
Green Badger, the leading SaaS developer for managing sustainable construction, announced it has received a Just 2.0 label from The International Living Future Institute (ILFI), further validating the company’s focus on sustainability for the built environment. The Just label program is a transparency framework that provides a guide to creating meaningful policies and ensuring those policies turn…
A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings. New Construction Nationally is Helping Add Needed Inventory and Affordable Options. Today, Realtor.com® launched a brand new report “New Construction Insights,” which found South Carolina, North Carolina and Idaho lead the way when it comes to new home construction. This report creates a ranking for…
94 Percent of Construction Firms Report Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure & Other Projects As Industry Calls for Better Federal Workforce Policies The nation’s failure to invest in construction workforce education and training programs is having a real, measurable impact on the country’s ability to build infrastructure…
Associated Builders and Contractors today participated in a White House-sponsored roundtable discussion, “Recovery in the Workplace: Investing to Build the Workforce of Tomorrow,” which convened more than a dozen leading corporations, business groups and government leaders at the White House in Washington, D.C., to highlight the importance of recovery-ready and recovery-friendly workplaces and share best…
