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Your source for construction industry news in the Carolinas

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Management

Improving Organizational Self-Image

October 30, 2022

Improving this will not only help you attract and keep good people, but it will also bring in new clients. Everyone keeps talking about how difficult it is to find and keep truly outstanding people in their firms. There’s a little secret on how to do that – one that I have never seen anyone write…

The Conference Board Leading Economic Index® (LEI) for the U.S. Fell Further in July

August 18, 2022

The Conference Board Leading Economic Index® (LEI) for the U.S. decreased by 0.4 percent in July 2022 to 116.6 (2016=100), after declining by 0.7 percent in June. The LEI was down by 1.6 percent over the six-month period from January to July 2022, a reversal from its 1.6 percent growth over the previous six months. “The US LEI declined for a…

2022 Starts with Strong Job Growth

February 4, 2022

Today’s jobs report showed a better-than-expected increase in the number of jobs in January. Disruptions related to the Omicron variant do not seem to have derailed continued progress in the labor market. However, headwinds for employers persist, as labor shortages are still severe and economic activity remains healthy. Nonfarm payroll employment increased by 467,000 in…

FMI Releases 2022 Engineering and Construction Industry Overview and First Quarter Outlook

January 26, 2022

FMI Corporation, the leading provider of consulting and investment banking services to the built environment, released the 2022 Engineering and Construction Industry Overview today. The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U.S. and Canada for 2022. Entering 2022, FMI expects construction spending to increase by 5%. But…

How to Apply the Pareto Principle at Work and at Home

January 31, 2021

The 80/20 rule, also known as the Pareto Principle, is the idea that 20% of your efforts bring 80% of your results. The idea applies to many things in life. 20% of your customers make up 80% of your revenue. 20% of your employees make 80% of the complaints. 20% of your customers are 80%…

Construction Recovers Lost Jobs as Economy Bounces Back in the 3rd Quarter, Reports Marcum Commercial Construction Index

December 15, 2020

The Marcum Commercial Construction Index for the third quarter of 2020 reports that the industry continues to recover jobs lost from the recession caused by COVID-19. Construction employment has rebounded since plummeting in March and April, and the industry’s unemployment rate stands at 6.8% as of October, just below the 6.9% percent rate observed across all industries….

New Survey of Small Business Shows Slight Uptick in Optimism

July 9, 2020

Today, the National Small Business Association (NSBA) is releasing a new survey on how COVID-19 is impacting America’s small businesses and what they anticipate in the coming months ahead. The survey shows modest improvements in small-business confidence and economic outlook, and a lower overall impact of the pandemic. “Despite these gains in outlook, COVID-19 continues…

Business Lessons from a Professional Athlete

October 14, 2018

We use sports analogies often in the business world. Winning comes from motivation and determination. Practicing hard and focusing on the details will lead us to victory. Never give up until the game is over. The phrases could go on. But very rarely do those of us in business consider the possibility that a practicing…

Construction Employment Rises in 45 States

August 17, 2018

Forty-five states and the District of Columbia added construction jobs between July 2017 and July 2018, while 29 states and D.C. added construction jobs between June and July, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials cautioned that continued job gains may depend on…

DOL Announces New Pilot Program to Expedite Resolution of Wage Violations

March 19, 2018

The Wage and Hour Division (WHD) has announced a new nationwide pilot program, the Payroll Audit Independent Determination (PAID) program, which facilitates resolution of potential overtime and minimum wage violations under the Fair Labor Standards Act (FLSA). The program’s primary objectives are to resolve such claims expeditiously and without litigation, to improve employers’ compliance with…

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What We’re Reading

  • Upstate Beat: Randall Bramblett Band brings gritty, grown-up rock and blues to The Spinning Jenny
    Source: Greenville Journal Published on February 6, 2023
  • N.C. State mulling moving b-school to Centennial Campus
    Source: Business North Carolina Published on February 6, 2023
  • Day in the life: Bon Secours Wellness Arena’s director of event production
    Source: Greenville Journal Published on February 6, 2023
  • Renderings: Clemson Athletics announces $50M performance and wellness center
    Source: Greenville Journal Published on February 6, 2023
  • Johnston County’s hot economy shows major promise
    Source: Business North Carolina Published on February 6, 2023

Recent Posts

  • ABC’s Construction Executive Celebrates 20 Years, Redesigns Magazine
  • Construction Sector Adds 25,000 Employees In January As Firms Raise Pay Faster Than Overall Private Sector In Bid To Attract More Workers
  • AIA South Carolina Recognizes the State’s Best with 2022 Design Awards
  • Need Construction Legal Advice? Look No Further Than Poyner Spruill’s Matt Bouchard
  • Designing for Resiliency: Introducing Flexible Design into Our Built Environment

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