Nonresidential Construction Employment Increases in July, But Recession Looms
The construction industry added 25,000 jobs on net in July, 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 expanded by 239,000 jobs, an increase of 3.0%. Nonresidential construction employment increased by 16,200 positions on net, with growth…
Why Do You Need a Geotechnical Report?
Imagine this scenario: You find a great deal on a piece of land in a prime location and even have a potential tenant lined up. As you’re wrapping up your due diligence period, you are asked about a geotechnical report. You do some digging and find out it’s required for the deal to close. Worse…
Construction Execs Among Charlotte’s Most Admired CEOs
Four Charlotte-area construction industry leaders were among those named to the prestigious list of 2024 Most Admired CEOs published by the Charlotte Business Journal (CBJ). Winners representing 21 different industries were celebrated at a special awards event in June. The four honorees in the Contractors category were: Edison Cassels, President and CEO, Edison Foard Donovan…
84 Lumber Advocates for Veterans on National Hire a Veteran Day
84 Lumber, the nation’s largest privately held building materials supplier, proudly supports U.S. veterans and calls on companies to recognize the importance of National Hire a Veteran Day on July 25th, 2024. This day serves as a critical reminder for employers to consider hiring American military veterans transitioning into civilian employment. Experience the full interactive Multichannel…
PAS Contractor Compensation Quarterly – The Marcum Edition: Second Quarter 2024
The Contractor Compensation Quarterly (CCQ) is especially designed for the busy construction executive that needs to keep abreast of competitive compensation and benefit levels within the industry. Based on our survey data, contractors are projecting 2024 construction staff wages to increase an average of 4.38% (excludes 0% projections), reported by 350 companies in this 42nd edition…
The U.S. Economy and the Carolinas at Mid-Year
Special to GroundBreak Carolinas: Dr. Bruce Yandle, Alumni Distinguished Professor of Economics Emeritus, Clemson University, shares economic insight for construction leaders in the Carolinas. Getting Started: The Current Picture With 2024 at the halfway mark, we find a national economy registering a low pulse-beat and an improved outllook on the inflation front. First quarter real…
Keith Poole of Trehel Offers Commercial Contractor’s Perspective on Markets & Trends
GroundBreak Carolinas is pleased to share thoughts and insights from key construction industry leaders in the Carolinas. Keith Poole, President and Chief Operating Officer of Trehel, offers a commercial contractor’s perspective as we enter the second half of 2024. What’s your outlook on the construction industry for the second half of 2024? If what we are…
Manufactuing Continues to Drive Construction in the Carolinas
Part Two in a series addressing manufacturing construction in the Carolinas. North Carolina and South Carolina witnessed several significant announcements regarding new and expanded manufacturing facilities over the last several years. The pipeline for manufacturing development has reached an unprecedented level, indicating a solid trajectory for further growth in this sector and opportunities for construction…
“Signing Day” Celebration: CarolinaPower Welcomes Three New Apprentices
On Wednesday, June 19, CarolinaPower’s Columbia office welcomed three new employees with an athletic style “signing ceremony,” complete with company-branded jerseys. Caden Dillon, Aiden Kelley and Isaiah Hoskins – all three 2024 graduates of Lexington Technology Center’s electrical program – are entering CarolinaPower’s four-year “earn-while-you-learn” apprenticeship program. CarolinaPower’s Bradley Michie, branch manager for the Columbia…
H&W’s Shannon Heigel on Her Construction Industry Journey
Shannon Heigel is Vice President of Operations with H&W Electrical, a South Carolina-based electrical contracting firm that focuses on industrial, commercial, and plant maintenance projects with an emphasis on design-build construction projects in the Southeast. GroundBreak Carolinas spoke with Heigel about the company and its culture, how she “fell into” the construction industry, and her…
