CoreLogic Analysis Shows Final Estimated Insured and Uninsured Damages for Hurricane Ian to be Between $41 Billion and $70 Billion
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today announced its updated and final damage estimates for Hurricane Ian. According to this new data analysis, total flood and wind losses are between $41 billion and $70 billion. This estimate (Table 1) includes wind loss, re-evaluated insured and uninsured storm surge loss and…
The U.S. Economic Situation and Outlook for 2023
As the U.S. economy enters 2022’s final quarter, the economic situation is bothtroublesome and puzzling. With interest rates rising, and GDP growth falling, it isdisturbing because the year’s weak GDP growth coupled with three negative forcesplaying through the economy, offer the strong possibility that 2023 will be an evenweaker negative growth year. Of course, we…
ABC’s 2022 Tech Report Features Real-World Journeys in Construction Innovation
Associated Builders and Contractors today released its second annual construction technology report comprised of case studies that spotlight specific technologies and innovation best practices that ABC member contractors are utilizing to strengthen their value proposition. The report also features safety technology survey data from ABC contractors. “ABC’s 2022 Tech Report showcases how our members’ commitment to exploring…
State of Global Preconstruction Report Released
FMI Corporation, the leading provider of consulting and investment banking services to the built environment, in partnership with Procore Technologies, Inc. (Procore), today released The State of Global Preconstruction report. The report discusses the current environment for preconstruction and the characteristics of organizations that do it well, including what constitutes above-average preconstruction processes and the effects of efficient and…
CAGC Delegation Lobbies Carolinas Congressional Delegation for Construction Support at NCLC
Last week CAGC leaders, including members and staff, met in Washington, D.C. with Congressional Delegations from the Carolinas to urge their support of infrastructure and Career Technical Education (CTE) funding, and to oppose mandatory Project Labor Agreements pushed by unions, burdensome Buy America provisions that will create unnecessary red tape and proposed heat standards that…
Dewitt Carolinas, Inc. Begins Construction of 1000 Social, the First of Two Office Towers in The Exchange Raleigh
Dewitt Carolinas, Inc., a real estate development firm specializing in large scale mixed-use, multifamily, and commercial properties throughout the Carolinas, today broke ground on 1000 Social, the first of two twelve-story office towers at its 40–acre, billion-dollar project, The Exchange Raleigh. 1000 Social will establish the mixed-use project’s overall aesthetic, with modern architecture balanced by expansive outdoor workspaces and…
Are You Packing Too Much – or Not Enough – in Your Day?
One of my grad students enjoyed a story I shared about a recent trip to Yosemite National Park, so I thought it may be helpful insight for others. While at the park, I decided to backcountry hike the Glen Aulin area on the near north end of the park because it was a bit less…
Spotlight on Economic Development Partnership of North Carolina: 2022 GroundBreaker
GroundBreak Carolinas recently announced the results of our 2022 GroundBreaker Awards, an annual awards program that recognizes individuals and organizations that have gone above and beyond to make a difference for the construction community in the Carolinas. Selected from a well-rounded group of nominees from North Carolina and South Carolina, the 2022 Class of GroundBreakers includes…
Young & McQueen and Carolina CAT Partner to Bring Heavy Equipment Training to NC High School
Young & McQueen Grading Company Inc. and Carolina CAT have partnered with Yancey County (NC) Schools to bring Heavy Equipment training to high school students in the Career & Technical Education (CTE) program at Mountain Heritage High School in Burnsville, North Carolina. Young & McQueen and Carolina CAT worked together to develop the curriculum, which…
CarolinaPower Responds to Growing Demand for Electric Vehicle Charger Installations
As CarolinaPower continues to implement an aggressive plan for growth in the Carolinas electrical service and construction community, the company is gaining momentum as a sought-after service provider for Electric Vehicle (EV) charger installations. GroundBreak Carolinas recently caught up with CarolinaPower’s Madison Younginer, Business Development Executive, to gain further insight into how the emerging EV…
