Your source for construction industry news in the Carolinas
JLL research analyzes three key factors owners and occupiers must consider in decision-making The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in…
RoadDogJobs, the leading online job board and community for the traveling craft workforce, is excited to release the 2024 Craft Workforce Survey. This survey of about 500 industrial construction workers has uncovered new insights into the mindset of today’s craft workforce. The results of the survey challenge conventional wisdom about job satisfaction in a construction…
CARY, N.C.- Artificial intelligence (AI) is everywhere. And stories are rampant about its promise and its threat. Will AI’s potential be realized in the year ahead? SAS, the leader in AI and analytics, asked executives and experts across the company to predict trends and key business and technology developments in AI for 2024. Below are some of…
NAIOP Research Foundation Releases Office Space Demand Forecast, Download: naiop.org/officedemand With a recession now appearing to be less likely than had been predicted and employment growth continuing, the NAIOP Research Foundation’s Office Space Demand Forecast predicts a gradual rebound in leasing activity. Net office-space absorption in 2024 – the amount that is leased or occupied less the…
National nonresidential construction spending increased 0.1% in October, 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 $1.1 trillion. Spending was up on a monthly basis in 8 of the 16 nonresidential subcategories. Private nonresidential spending increased 0.1%…
Mixed Patterns within Categories Suggest Market is Shifting but Remains Strong Overall; Manufacturing, Power, Education, and Single-Family Spending Pickup Offset Drop in Highway and Multifamily Projects Total construction spending increased by 0.6 percent in October, led by strong gains for manufacturing, power, and education projects as well as single-family homebuilding, according to an analysis of…
Todd Usher, founder and President of Addison Homes, an Upstate S.C. home builder that specializes in building healthy, high-performance homes, has offered a presentation at a Department of Energy event held in Washington, DC, funded by a National Science Foundation grant on the topic of Ambient Energy for Buildings. The event was attended by a…
Construction employment increased in 226, or 63 percent, of 358 metro areas between October 2022 and October 2023, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that tight labor market conditions kept construction employment from increasing in even more metro areas. “Construction employment keeps growing in a…
The 2023 Year-End Economy and the Road Ahead In an exclusive with GroundBreak Carolinas, economist Dr. Bruce Yandle shares his perspectives on the economic situation in The 2023 Year-End Economy and the Road Ahead. Celebrating 25th Anniversary, 2023 Excellence in Construction (EIC) Awards at Gala ABC Carolinas honored over 70 projects collectively worth $1.6 billion…
With horrible wars underway in the Middle East and Ukraine, a strong dose of compartmentalization is required to focus attention on the prospects for the economy. But if we are to make a difference to those in devastated places, it will be necessary for us to make the best of our own situation, to try…
