State of the Construction Industry: November 2018 Roundup
Viewpoint Construction Technology
NOVEMBER 29, 2018
Construction Industry to Keep Pace in 2019 with $808 Billion in New Starts Forecasted.
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Viewpoint Construction Technology
NOVEMBER 29, 2018
Construction Industry to Keep Pace in 2019 with $808 Billion in New Starts Forecasted.
Construction Dive
AUGUST 10, 2018
The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.
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BD+C
JANUARY 28, 2020
Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel.
Construction Equipment
NOVEMBER 13, 2020
The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.
Construction Equipment
DECEMBER 14, 2018
Last year brought bold moves that bolstered nearly every realm of the construction industry. Tax cuts and reduced regulations buoyed the stock market, and many construction firms geared up for a continuation of the growth seen during 2017. Then came the tariffs tiff, igniting a trade war affecting…
BD+C
APRIL 8, 2019
is forecast to rise 3% in 2019, according to FMI’s First Quarter 2019 North American Construction Outlook. That represents a slight slowdown in industry growth compared to the 4% growth rate of 2018. Total engineering and construction spending for the U.S.
Buisness Facilities Contributed Content
JULY 7, 2014
According to the report “ Smart Cities Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 ,” the global smart cities market is expected to reach a value of $1,265.85 billion by 2019, growing at a CAGR of 14.0% from 2013 to 2019. billion by 2019.
Construction Superintendent Magazine
OCTOBER 2, 2018
To register, visit 2019 Dodge Outlook. The forecast, presented by Dodge Chief Economist Robert Murray, also offers critical data for members of the media covering economic and sector-based trends. The 2019 Dodge Construction Outlook Executive Conference. 24-25 in National Harbor, Maryland.
Autodesk Construction Cloud
MARCH 31, 2022
Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. In addition to helping you benchmark your performance against your peers, equipping yourself with the latest industry stats can help shape your overall strategy. . State of the industry. Statista ].
Pro Builder
DECEMBER 7, 2022
How the Construction Industry Is Rethinking Workforce Development. Home builders, trade associations, NGOs, and other groups are aggressively ramping up skilled construction labor training programs to bring more workers into the industry. Wed, 12/07/2022 - 09:51. John Caulfield, Senior Contributing Editor. But the task is monumental.
Pro Builder
JUNE 7, 2022
Marketing Industrialized Construction to Consumers. From July 2019 through July 2020, Rise , a website for consumers and professionals that provides information about sustainable building practices and sells sustainable products, tapped into internet and social media conversations among consumers about off-site home construction.
Construction Equipment
FEBRUARY 13, 2020
percent compared to 2019, according to the latest updated forecast released today by the American Rental Association (ARA). Construction and industrial equipment rental is… Equipment and event rental companies are expected to generate $58.1 billion in revenue in the United States in 2020, up 3.8
Construction Superintendent Magazine
JANUARY 31, 2019
percent through 2019, according to a new consensus forecast from The American Institute of Architects. Learn more about this Consensus Construction Forecast online. The post Nonresidential Building Spending to Grow through 2019, Cautious Outlook for 2020 appeared first on Construction Superintendent.
Construction Superintendent Magazine
DECEMBER 11, 2018
. — Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.
Construction Equipment
NOVEMBER 15, 2017
Equipment rental industry revenue is projected to hit nearly $60 billion in 2021, according to the latest forecast from the American Rental Association. The ARA Rental Market Monitor five-year forecast projects total rental revenue in the U.S. percent in 2019, 4.9 percent in 2019, 4.9 to grow by 4.5 billion, 5.5
Pro Builder
AUGUST 3, 2020
The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. higher through May compared with the first five months of 2019—metrics consistent with NAHB’s forecast that housing will be a leading sector in an emerging economic recovery. . Industry Data + Research.
Pro Builder
JUNE 3, 2020
of all home closings in 2019, while the market share among the top 20 continued to grow … often by gobbling up well-run and profitable builders occupying the ranks below them. . Previous: 2019 Housing Giants Report. . winner of an NHQ Gold Award in 2019 , which rose four places to No. And why should they? Then there’s No.
Construction Superintendent Magazine
DECEMBER 30, 2019
Dodge Data & Analytics recently released its 2020 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity. The report predicts that total U.S.
Autodesk Construction Cloud
DECEMBER 7, 2021
Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. Seventy-five percent of global construction industry stakeholders agree or strongly agree that the need for real-time decision-making is increasing at the project level. State of the industry.
Construction Equipment
AUGUST 10, 2015
Rental industry revenue is projected to grow at least 7 percent per year through 2018, according to projections by the American Rental Association (ARA) in its ARA Rental Market Monitor forecast. ARA expects 2019 revenue to grow 6.5 Total equipment rental revenue is expected to grow 7.3 percent in 2015, 7.8 percent in 2016, 7.3
Pro Builder
JANUARY 6, 2021
Lakewood Ranch also experienced a 30% increase in sales from 2019 to 2020, as The Villages only saw a 1% increase. Sales within the Top-10 MPCs were over 12% higher than their 2019 counterparts. . This retiree-focused community has lived at the top for years, but the second top seller, Lakewood Ranch in Sarasota, Fla., Read More. .
Construction Superintendent Magazine
AUGUST 13, 2018
Halfway through the seventh year of continuous growth for the cyclical construction industry, 2018 might have looked to be the year that the industry would enter another recession. percent in 2019. percent in 2019. “At At the halfway point of the year, this panel is even more optimistic,” said AIA Chief Economist Kermit.
Safti First
FEBRUARY 11, 2021
One of the things that I find most valuable in our industry is the sharing of knowledge. The last event was held in 2019, and we sent Sean Ross, SAFTI FIRST’s Vice President of Research & Development, to participate and immerse himself with the latest research and technologies. As an added bonus, they are always fun.
Pro Builder
MARCH 10, 2021
This marks the first year-over-year drop since March 2019. Signs of faster economic growth, an improving job market and increased vaccine distribution are pushing rates higher,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Activity declined last week for the fourth time in five weeks.”.
Autodesk Construction Cloud
JANUARY 17, 2022
In this episode, he highlights some of the challenges and opportunities the industry will face in the coming year. Guidance on how to tackle the biggest challenges facing the construction industry. How the newly passed infrastructure bill will impact the industry outlook. “In What’s the state of the industry right now?
Pro Builder
FEBRUARY 4, 2021
Shinn, perhaps more than most housing industry prognosticators, had the advantage of historical perspective. 2021 Housing Forecast. In 2019, for example, the average profitability among the builders surveyed rose to 9.59% of revenue, up from 8.71% in 2018—the best performance since 2006, before the crash (see chart 1).
Pro Builder
AUGUST 6, 2020
2019 was a great year for home builders. Plus, industry experts and media pundits alike were abuzz with forecasts of another banner year in 2020. . Plus, industry experts and media pundits alike were abuzz with forecasts of another banner year in 2020. . The Post-Pandemic Impact of Industry Shifts to Digital .
Autodesk Construction Cloud
SEPTEMBER 13, 2023
Watch NOW Current challenges in preconstruction and planning Ken starts the discussion by sharing the AGC's economic data and outlook for the industry in three areas: labor, supply chain, and materials. as of May 2023), the industry is still having trouble recruiting workers because of a shrinking wage premium.
Pro Builder
MAY 29, 2020
Home builders that survived the Great Recession offer strategies for recovering from the coronavirus' impact on the industry and economy. Pro Builder asked home builders and industry consultants about what lessons they learned and strategies they used to survive the Great Recession and how those apply in the current situation.
Construction Test
MAY 4, 2020
Pictured, a graph showing how the average surface temperature in 2019 exceeded the average temperature between 1982-2010. Pictured, a boy jumps into the water of the Trocadero Fountain in Paris during a heatwave on June 28, 2019. C above pre-industrial levels globally. Scroll down for video .
Autodesk Construction Cloud
DECEMBER 9, 2021
Software applications are commonplace in just about any industry, and are used by small and large businesses alike. Okta’s 2019 Business @ Work research report found that larger companies deploy an average of 163 apps (up from 129 in 2018) while smaller ones deploy an average of 99 (up from 73 in 2018). Don’t get left behind.
Buisness Facilities Contributed Content
SEPTEMBER 24, 2013
Each of the four supersized cranes, known in the maritime industry as Super Post-Panamax, are 400-feet tall with the boom fully raised, can reach 22 containers across on a ship and can lift 187,500 pounds of cargo. The new cranes were manufactured by Shanghai Zhenhua Heavy Industries Co., percent gain in cargoes handled.
Pro Builder
DECEMBER 2, 2020
million in revenue in 2020, up 19% and 12%, respectively, from 2019 (and gross margins that have consistently exceeded 20% since 2008), which is even more impressive in a year of uncertainty. Students are exposed to the industry by attending the International Builders’ Show and participating in competitions. And it works.
Pro Builder
DECEMBER 2, 2020
million in revenue in 2020, up 19% and 12%, respectively, from 2019 (and gross margins that have consistently exceeded 20% since 2008), which is even more impressive in a year of uncertainty. Students are exposed to the industry by attending the International Builders’ Show and participating in competitions. And it works.
Construction Junkie
OCTOBER 13, 2020
There has been a lot of talk about the labor shortage facing the construction industry in the past few years, which makes it even more important for your company to properly manage the team members it currently has. Bridgit Bench also makes it easy to forecast future labor needs with a 12 month look ahead option on your projects.
Business Facilities
OCTOBER 30, 2017
Johnson County, located on Indianapolis’ near south side, is capitalizing on its prime location and welcoming the logistics industry and scores of distribution centers to the area. When several of our industries were considering major expansions, they became even more involved in the program,” said Plump. In fact, Indiana ranks No.1
Business Facilities
OCTOBER 23, 2017
N ew technologies and business models have the heavy/discrete manufacturing industry on the verge of an innovative new period that promises greater productivity and the potential for lower costs, according to a recent report prepared by GE. BRIDG, the world’s first industry-led smart sensor consortium, in Central Florida.
Business Facilities
OCTOBER 17, 2017
The industrial real estate sector continues to benefit from many of the technology-driven shifts that are challenging the retail and office sectors, such as rising consumer dependence on e-commerce and mounting demand for data centers to support cloud computing, according to the latest U.S. Industrial Market Outlook report from Ten-X.
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