Commercial Real Estate Development and Operations Supports 8.3 Million Jobs, Contributes $1 Trillion to the Economy
New development and ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. The combined impact of these property types supported 8.3 million American jobs and contributed $1 trillion to U.S. GDP in 2018. The study…
CAGC Honors 2018 Pinnacle Award Winners at Annual Convention in Charleston
Carolinas AGC (CAGC) bestowed the 2018 Pinnacle Awards to five construction projects which enhance their communities. A sixth Pinnacle, the “Build with the Best” award, was given to an individual who spent his career assisting the construction industry. The Pinnacle presentation was made on January 26 at CAGC’s Annual Convention in Charleston, S.C. Pinnacle entries…
Construction Employment Surges to Start Year
Construction employment expanded by 52,000 net new jobs in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent. Nonresidential construction employment grew by 28,600 net…
New OSHA 300 Rules Go Into Effect Feb. 1. Is Your Firm Ready?
Just in time for the February 1 reporting deadline, the US Department of Labor has opted not to require large employers to submit detailed worker injury and illness logs electronically. Instead, officials with the Occupational Safety and Health Administration (OSHA) will accept electronic delivery of summary forms for employers with 250 or more employees, as…
FMI Releases 2019 FMI Overview, Construction Outlooks
FMI Corporation, a leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of its “2019 FMI Overview,” featuring FMI’s latest forecast, the 2019 U.S. and Canada Construction Outlook. The publication offers comprehensive construction forecasts for a broad range of market…
Power UP Workshop Gives Five-Year-Olds a Glimpse of Construction Technology
Power UP, Inc. founder Dr. Mittie Cannon believes it’s never too early to start paving the way for a possible career in engineering and construction. Just before the December 2018 holiday break, Don Wilcher, Director of Manufacturing and Technology at Jefferson State Community College, led a Power UP workshop for very young children at Robinson…
Clemson University Kicks Off 2019 Tennis Season in All-New Facility
Clemson University’s tennis teams played their first matches of 2019 last weekend inside the school’s all-new Duckworth Family Tennis Facility located in the center of Clemson’s ever-growing campus. The University held a formal ribbon-cutting ceremony in early November 2018 and the Tigers began holding practice in the new facility shortly thereafter. The new Duckworth Family…
Construction Materials Outlook Released by FMI
An Analysis of the 2018 Construction Materials Market and M&A Expectations for 2019 FMI Capital Advisors, the leading investment banking services firm serving the construction materials sector, is pleased to announce the release of its latest research report, Understanding the Balance: An Analysis of the 2018 Construction Materials Market and M&A Expectations for 2019. In…
Construction Firms Plan to Add Headcount in 2019
Seventy-nine percent of firms plan to hire, but are concerned about their ability to find workers. Seventy-nine percent of construction firms plan to expand their payrolls in 2019 but an almost equal percentage are worried about their ability to locate and hire qualified workers, according to survey results released today by the Associated General Contractors…
November Construction Unemployment Rates Down in 44 States Year Over Year, Says ABC
Estimated November construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. As the November 2018 not seasonally adjusted national construction unemployment rate fell 1.1 percent from a year ago to 3.9 percent, the…
