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Contracting

The CPM System is Broken. It’s Takt Time.

May 19, 2023

Construction projects are inherently complex, requiring careful planning and execution to ensure success. The most common scheduling method in construction is known as the Critical Path Method (CPM) and it’s broken. This scheduling method has proved itself unsuccessful on vertical construction projects time and time again. CPM was originally created for Dupont Chemical while attempting…

ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

May 16, 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member survey conducted April 20 to May 3. The reading is 0.1 months higher than in April 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. After…

Construction Materials Prices Rise 0.5 Percent In April While Bid Prices Slip, Reversing Recent Pattern And Squeezing Contractor Profits

May 11, 2023

Double-Digit Annual Cost Increases Persist for Several Materials Despite Recent Price Declines for Some; Association Officials Say Administration’s Approach to Buy America Rules is Contributing to Price Inflation The price of materials and services used in nonresidential construction increased 0.5 percent from March to April, while an index that measures contractors’ bid prices declined 0.3 percent,…

Construction Employment Decreases By 9,000 in March, Says ABC

April 7, 2023

The construction industry lost 9,000 jobs on net in March, 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 grown by 196,000 jobs, an increase of 2.5%.  Nonresidential construction employment fell by 1,800 positions on net, with declines…

Nonresidential Construction Spending Continues to Increase in February, Says ABC

April 7, 2023

National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month. Spending declined on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending…

Construction Employment Increases In 283 Of 358 Metro Areas From February 2022 To 2023 As Job Openings Show Need For Even More Workers

April 5, 2023

Construction employment increased in 283, or 79 percent, of 358 metro areas between February 2022 and February 2023, according to an analysis by the Associated General Contractors of America of new government employment data. Meanwhile, new government data shows there were more job openings in the industry than the number of people hired last month. Association officials said…

ABC: Construction Job Openings Jump By 129,000 in February; Sharp Contrast to January’s Steep Decline

April 4, 2023

The construction industry supported 412,000 job openings in February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 129,000 last…

Southeast Mechanical Acquires Carolina Comfort

March 27, 2023

Southeast Mechanical (“SEM”), headquartered in Winston-Salem, North Carolina, today announced the acquisition of Wilkesboro, North Carolina-based Carolina Comfort Heating & Air Conditioning (“Carolina Comfort”). This partnership bolsters SEM’s presence in the North Carolina market. “We’re very excited to welcome Carolina Comfort to the SEM Family,” stated Hugh Elks, President of SEM. Elks added, “This is complementary to our other divisions and further…

Construction Input Costs Rise 0.4 Percent In February, Outpacing Bid-Price Increase Of 0.1 Percent, As Wide Variety Of Materials Posts Price Gains

March 15, 2023

Large Increases Hit Price Indexes for Flat Glass, Metals, Cement, and Paving Materials; Association Officials Urge Federal Leaders to Ease Proposed Rules that Will Make Products Even More Expensive The price of materials and services used in nonresidential construction increased by 0.4 percent from January to February, outpacing the 0.1 percent increase in contractors’ bid…

ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February

March 14, 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022. View the historic Construction Backlog Indicator and Construction Confidence Index data series. Backlog rebounded in February and…

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Primary Sidebar

What We’re Reading

  • Fulfilling the military supply chain
    Source: Business North Carolina Published on May 29, 2023
  • On the Move: Kristen A. Lassa
    Source: Upstate Business Journal Published on May 29, 2023
  • Anderson University names Lisa Zidek dean of College of Engineering
    Source: Greenville Journal Published on May 27, 2023
  • Raleigh developer to continue battle over Elon project
    Source: Raleigh Business Journal Published on May 26, 2023
  • Glenn Patterson Wilson brings fresh sense of resolve to historic Halifax
    Source: Raleigh Business Journal Published on May 26, 2023

Recent Posts

  • Mental Health & Wellness: Key Components of Safety for Construction Industry
  • The CPM System is Broken. It’s Takt Time.
  • Five Signs it Might Be Time for a Career Change
  • Content Marketing and Other Trends in AEC Marketing for 2023
  • Davis & Floyd Acquires Andrews Engineering, Expands Reach in South Carolina

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