FMI Releases North American Construction Outlook, Second Quarter 2019 Report
FMI Corporation, a leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of its second quarter 2019 North American Construction Outlook. The publication offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada, as well as information on…
Transmittals and Submittals in Construction: What is the difference?
Transmittals and submittals are common types of documents in construction. However, these documents aren’t interchangeable. There are differences in the documents and their processes that prevent them from being used interchangeably. The next few paragraphs will help you understand the differences between transmittals and submittals and how you can better improve your construction document process….
Construction Job Growth Steady in June, Says ABC
The construction industry added 21,000 net new jobs in June, 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, employment in the industry has expanded by 224,000 jobs, representing an increase of 3.1%. Nonresidential construction employment gained 14,900 net jobs in…
USG + U.S. Chamber of Commerce Commercial Construction Index – 2019 Q2
The USG + U.S. Chamber of Commerce Commercial Construction Index (CCI) is a quarterly economic index designed to gauge the outlook for, and resulting confidence in, the commercial construction industry. Results from the Q2 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index(Index) indicate that more than half of contractors are highly confident that…
CarolinaPower Named to 2019 Best Places to Work in South Carolina
For the second consecutive year, CarolinaPower has been named one of the Best Places to Work in South Carolina – a prestigious list of companies announced this week. CarolinaPower has four offices in South Carolina and a field force that exceeds 100 crew members. Now in its 14th year, the Best Places to Work in…
Five Electrical Safety Tips for Commercial Buildings
To some, a workplace may feel like a second home. It’s a place where employees form bonds and battle hardships together. Whether you’re a company CEO, a higher-up, or the owner of a commercial building, keeping your establishment a safe place for everyone will increase their productivity and give you peace of mind as well….
Modular Construction: From Projects to Products
Shifting construction away from traditional sites and into factories could dramatically change the way we build. Will modular construction make a sustainable impact this time around? Learn more in the new report from McKinsey. For decades, construction has lagged behind other sectors in productivity. Modular construction offers the industry an opportunity to make a step change:…
Construction Input Prices See Slight Increase in May, says ABC
Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher…
Best Tips for Good Communication on the Job Site
Good communication on the job site can improve the project budget, schedule, and working relationships between contractors and subcontractors. However, it doesn’t always seem possible. While there are technological advances that improve communication, like phones and email, that’s not always where the problems lie. Take a look at why communication fails and how you can…
Overcoming Limiting Mind-sets to Improve Safety
McKinsey recently published an a study on the limiting mind sets that impact safety in construction. Companies looking to improve workplace safety have a number of methods at their disposal. But to embed a sustainable safety culture, they must overcome the mind-sets that underlie unsafe behaviors. Downloadable Resources Article (PDF-159KB) No one would deny that…