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Uncategorized

ABC: Construction Job Openings Up By 54,000 in August

October 4, 2022

The construction industry had 407,000 job openings in August, 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 54,000 last…

Insight from CAGC: Infrastructure Investment and Jobs Act

November 23, 2021

To help our readers gain a better understanding of the Infrastructure Investment and Jobs Act and its implications for our two-state region, GroundBreak Carolinas reached out to Carolinas AGC’s Leslie Clark, Vice President of Operations and SC Director of Government Relations & Divisions, and Victor Barbour, PE, Director, NC Government Relations & Highway-Heavy Division. What…

A M King Women Participate in 24-Hour Challenge during Habitat’s Women Build Week 2021

March 16, 2021

Everyone knows that the cornerstone of great reality shows is challenges, the more wildly inventive and seemingly impossible the better. This isn’t a story about The Great British Bake Off or America Ninja Warrior. But imagine there are groups of women who are asked to build walls for use in Habitat for Humanity homes. They are given hammers,…

ABC’s Construction Backlog Indicator Rebounds in October; Contractor Optimism Rises

November 12, 2020

WASHINGTON, Nov. 10, 2020 — Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 7.7 months in October, an increase of 0.2 months from September’s reading, according to an ABC member survey conducted from Oct. 20 to Nov. 5. Backlog is 1.2 months lower than in October 2019. ABC’s Construction Confidence Index…

Concrete – the World’s Most Widely Used Material – Targets Carbon Neutral Future

September 2, 2020

Forty of the world’s leading cement and concrete companies today unveiled a joint industry ‘2050 Climate Ambition.’ The ambition statement demonstrates the commitment of the industry across the globe to drive down the CO2 footprint of the world’s most used man-made product, with an aspiration to deliver society with carbon neutral concrete by 2050. Launched by…

NAIOP Industrial Space Demand Forecast: While Long Term Growth Is Expected, Recession Will Have a Significant Impact on Industrial Real Estate Absorption Rates Into 2021

August 25, 2020

Although industrial real estate has outperformed other commercial property types this year due in part to a surge in e-commerce, broader macroeconomic indicators suggest industrial space absorption will decline sharply in Q3 2020 and then rebound to positive levels in Q2 2021, according to the NAIOP Industrial Space Demand Forecast, released today. Industrial net absorption is…

BOMA, Yardi and Brightline Strategies Announce Partnership to Conduct Commercial Real Estate COVID-19 Impact Studies

August 11, 2020

The Building Owners and Managers Association (BOMA) International, Yardi and Brightline Strategies announced today a strategic partnership to field three, nationwide commercial real estate COVID-19 impact studies. The rolling research program is designed to assess the latest in tenant decision-maker sentiments relating to COVID-19, as well as its impacts on their businesses and attitudes towards…

ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

June 9, 2020

WASHINGTON, June 9—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading. Furthermore, based on an ABC member survey conducted May 20-June 3, results indicate that confidence among U.S. construction industry leaders continued to rebound from the historically low…

Contact Tracing to Improve Safety and Efficiency for Construction Sites in Wake of COVID-19 Challenges

April 30, 2020

Press Release When it comes to construction site safety, TRIVA has developed a reputation as the industry go-to for real-time data collection that helps improve project management and operations. Now, the company is expanding its commitment to clients with introduction of an expanded contact tracing feature to address the unique challenges brought on by COVID-19. TRIVA is…

Nonresidential Construction Spending Down in August, Says ABC

October 7, 2019

National nonresidential construction spending declined 0.4% in August, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, spending totaled $773.8 billion, 0.3% higher than in August 2018. Private nonresidential spending fell 1% on a monthly basis and is down 2.8% compared to the…

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What We’re Reading

  • Upstate Beat: Randall Bramblett Band brings gritty, grown-up rock and blues to The Spinning Jenny
    Source: Greenville Journal Published on February 6, 2023
  • N.C. State mulling moving b-school to Centennial Campus
    Source: Business North Carolina Published on February 6, 2023
  • Day in the life: Bon Secours Wellness Arena’s director of event production
    Source: Greenville Journal Published on February 6, 2023
  • Renderings: Clemson Athletics announces $50M performance and wellness center
    Source: Greenville Journal Published on February 6, 2023
  • Johnston County’s hot economy shows major promise
    Source: Business North Carolina Published on February 6, 2023

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