Construction Employment Increases, Despite Challenges Finding Talent
Construction employment increased in 256 out of 358 metro areas between April 2017 and April 2018, declined in 63 and was unchanged in 39, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the data showed a continuation of strong labor demand…
Reasons Why Proper Resource Planning is Critical to Your Construction Business Success
Within construction, businesses are constantly looking for the next project. Without enough projects, they end up in trouble. However, when they take on work they don’t have the resources for it also ends poorly. The only way for a construction business, or any business, to know what they can handle is for them to implement…
March Construction Unemployment Rates Down Year-over-year in 37 States, Says ABC
The March 2018 not seasonally adjusted (NSA) national construction unemployment rate was down 1 percent from March 2017, and estimated construction unemployment rates also fell in 37 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). The national unemployment…
Constructor Certification – Enhancing the Construction Professional
As the economy of our nation improves so does that of the construction industry. This is especially true in the Carolinas which, according to governmental statistics, the construction industry in both North and South Carolina is experiencing some of the largest economic growth in the country. While this is great news for those employed in…
Tax Reform Enables ABC Members to Hire and Train More Construction Industry Workers
As a result of the Tax Cuts and Jobs Act passed in December 2017, 55 percent of Associated Builders and Contractors (ABC) contractor members plan to hire more employees, and 52 percent plan to invest in workforce development, according to a recent poll. In addition, 90 percent of member companies say employees have seen an…
Waldrop Moves Forward with Succession Plan – Dennis Pruitt Named President, Jamie Porterfield to Chief Operating Officer
Waldrop, Inc., a leading full-service mechanical contracting firm, announces the fulfillment of planned leadership changes with Bill Caldwell moving into the role of Chairman and Chief Executive Officer (CEO) and the promotion of Dennis Pruitt to President and Jamie Porterfield to Chief Operating Officer (COO). These leadership changes were effective April 9, 2018. In business…
Construction Costs Climb, Tariffs Could Threaten Projects
Construction costs climbed again in March, with increases for a wide range of building materials, including many that are subject to proposed tariffs that could drive prices still higher and cause scarcities, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials warned that tariffs on…
How to Set Operational Efficiency Goals for Your Construction Projects
Construction companies that work towards operational efficiency find ways to deliver goods and services in a cost effective manner without sacrificing quality. Obviously, an operational efficiency goal for all construction projects is to deliver the project on time and within budget. Because the scope of construction projects is so large, there are many ways to…
NTSB Investigation of Bridge Collapse Continues
National Transportation Safety Board (NTSB) investigators remain at the scene of Thursday’s pedestrian bridge collapse on the FIU campus, focusing on measuring and documenting the critical structures at the north end of the bridge. Significant developments in the investigation include: •Investigators secured a contract Tuesday to have a company remove components from the bridge that…
Costly Mistakes to Avoid in the Subcontractor Bidding Process
With more online bidding platforms and bid building tools available, the subcontractor bidding process has never been easier in 2018. However, there are still avoidable and costly mistakes that can frustrate subcontractors. Here are some common and costly mistakes to avoid in the subcontractor bidding process and ways to reduce risks. 1. Inaccurate Measurements, Takeoffs,…