Spotlight on Will Williams: South Carolina’s Local Developer of the Year
Each spring, the South Carolina Economic Developers’ Association (SCEDA) recognizes a local developer who has made a significant difference in his or her community. This year’s winner of SCEDA’s Local Developer of the Year award is Will Williams, president and CEO of Economic Development Partnership (EDP) — a non-profit, public-private development corporation focused solely on serving…
Despite Lofty Backlog, Nonresidential Construction Spending Remains Stagnant in May
Nonresidential construction spending expanded by 0.3 percent on both a monthly and yearly basis in May and stands at $714.3 billion on a seasonally adjusted annualized basis, according to analysis of a report from the U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Private nonresidential construction spending fell to $433.6 billion in…
Nearly 200,000 Construction Workers Added Since May 2016
In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS),…
ABC of the Carolinas Presents Eagle Awards During National Legislative Conference
The Associated Builders and Contractors (ABC) of the Carolinas presented members of Congress with the prestigious “Champion of the Merit Shop” Eagle Award. These awards are given to legislators with an 80 percent or better voting record on ABC’s key issues during the previous session of Congress. Awards were presented at the 2017 ABC National…
Commercial Construction Index Forecasts Healthy 2017
Contractors in the U.S. commercial construction industry are optimistic about the current state and forward-looking health of the sector, noting a healthy balance of project backlog and projected growth, which indicates overall strength and confidence in the market. Results from the three leading indicators used to compute the USG + U.S. Chamber of Commerce Commercial…
Help Wanted: A Sign of the Times in Construction Part 2
This is the second part in a series of articles about our two-state region’s labor shortage issues and workforce needs. Part 1 provided an overview of the problem through the eyes of local construction industry executives. In Part 2, these same executives and others talk about what their organizations are doing separately and together to…
TECHnically Speaking | Technology in Preconstruction
This is the first installment of a three-part series where Balfour Beatty-Carolinas explores the innovation that technology brings to the life of a project – before, during, and after construction. The Innovation and Technology team at Balfour Beatty Construction is building entire projects without ever lacing up their work boots and often times before the…
Safety Risks Increasing for Highway Work Zones
According to a new report the risks workers and motorists face in highway construction zones is increasing significantly. Forty-four percent of highway contractors reported that motor vehicles had crashed into their construction work zones during the past year, according to the results of a new highway work zone study conducted by the Associated General Contractors…
Help Wanted: A Sign of the Times in Construction
This is the first in a series of articles about our two-state region’s labor shortage issues and workforce needs. When asked about their No. 1 business concern, both general and specialty contractors from across the Carolinas overwhelmingly give the same answer: the current and future workforce shortage. There are simply not enough people with the…
Housing Production Drops 2.6 Percent in April, as Multifamily Starts Fall
Led by a decline in multifamily production, nationwide housing starts fell 2.6 percent in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Multifamily starts fell 9.2 percent to a seasonally adjusted annual rate of…
