Construction Industry Trends: July 2024 Roundup
Viewpoint Construction Technology
JULY 9, 2024
Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.
Viewpoint Construction Technology
JULY 9, 2024
Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.
Construction Business Owner
JULY 11, 2024
Shore Up Safety: Prevent Trenching & Excavation Disasters ccapoccia Thu, 07/11/2024 - 14:40 From my perspective as a director of safety services, trenching and excavation incidents are no accident. They result from failing to recognize — and take necessary precautions to guard against — the danger trenches pose to workers. Yet each year as construction projects ramp up, we see an uptick in trench-related injuries and deaths.
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Construction Superintendent Magazine
JULY 8, 2024
The construction industry added 27,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 235,000 jobs, an increase of 2.9%. Nonresidential construction employment increased by 21,200 positions on net, with growth in all three subcategories.
Construction Dive
JULY 9, 2024
The code update will affect the definition of a major building and how many permits a superintendent can be involved with at one time, according to former DOB assistant commissioner Peter Amato.
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The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
Contractor Bookkeeping
JULY 12, 2024
Starting a construction business without a plan is like setting sail without a compass. While you might eventually reach your destination, the journey will likely be longer and more challenging. A well-constructed business plan is essential for guiding your business toward success. Here's why It Clarifies Your Vision A business plan helps you articulate the vision for your enterprise.
Professional Constructor Central brings together the best content for construction professionals from the widest variety of industry thought leaders.
ENR Construction
JULY 9, 2024
Funding deal will push forward two-decade-plus effort to build barriers and take other steps to prevent invasive species migration into the key U.S. shipping and recreation hub.
BD+C
JULY 8, 2024
Can a VR-enabled AEC firm transform your project? 0 qpurcell Mon, 07/08/2024 - 09:59 Virtual Reality With the aid of virtual reality and three-dimensional visualization technologies, designers, consultants, and their clients can envision a place as though the project were in a later stage. Sydney Unnerstall, Marketing Coordinator Contractors Designers Engineers Architects BIM and Information Technology Virtual Reality Take a moment to picture yourself entering your new building for the first tim
Construction Law
JULY 12, 2024
Glasgow City Council has launched a public consultation on Tall Buildings in the City in response to an increasing number of them being built and planned. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.
Construction Dive
JULY 8, 2024
As labor shortages and lack of skilled workers loom, one MEP Contractor creates pathways to ease project takeovers and meet critical deadlines.
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Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Construction Business Owner
JULY 8, 2024
Nominate Outstanding Women in Construction 2024 Recognizing today's leading construction professionals mhodges Mon, 07/08/2024 - 14:54 Construction Business Owner (CBO) Magazine is thrilled to announce the opening of nominations for our annual celebration of some of the most hardworking professionals in the industry — our special section to honor Outstanding Women in Construction (OWIC).
Job Order Contracting
JULY 7, 2024
GSA PBS JOC Program Management Audit – Issues Continue: The General Services Administration (GSA) Public Buildings Service (PBS) has faced scrutiny and criticism in the past for various financial and management issues, including those related to Job Order Contracting (JOC) programs. Financial Management Issues Budget Overruns : There have been instances where projects managed by GSA PBS exceeded their budget estimates, leading to increased costs and financial inefficiencies.
Contractor Magazine
JULY 12, 2024
Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.
Construction Dive
JULY 8, 2024
Momentum for these projects has escalated again, fueled by institutional investment and strong underlying fundamentals, according to a recent CBRE report.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Construction Business Owner
JULY 11, 2024
What You Stand to Gain From Mentorship Programs ccapoccia Thu, 07/11/2024 - 10:54 Mentorship has direct impacts on a career. Your business can benefit from implementing or participating in a mentorship program for your workforce.
Construction Today
JULY 11, 2024
The construction industry is at the forefront of a technological revolution, and nowhere is this more evident than in the rise of smart homes and buildings. These structures leverage advanced technologies to create more efficient, comfortable, and sustainable living and working environments. Here’s a comprehensive look at the 10 key innovations driving this transformation: The Internet… Source The post The Top 10 Smart Home and Building Innovations appeared first on Construction Tod
Contractor Magazine
JULY 9, 2024
Michael Flynn and his crew conduct a successful oil-to-natural gas conversion.
Construction Dive
JULY 10, 2024
Builders have fared well so far this year despite high interest rates, rising prices and emerging weakness in the broader economy, according to ABC Chief Economist Anirban Basu.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
ENR Construction
JULY 8, 2024
Facility for Major League Rays' franchise, set to start construction next year, will anchor $6.5B St. Petersburg, Fla.
Construction Superintendent Magazine
JULY 12, 2024
Construction input prices fell 0.3% in June compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices declined 0.4% for the month. Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher.
Construction Law
JULY 12, 2024
Collateral warranties are not construction contracts and cannot be the subject of adjudications, the Supreme Court has ruled. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.
Construction Dive
JULY 11, 2024
Relatives of two workers have sued several contractors, claiming rushed work and shoddy materials led to the fatal jobsite collapse in January.
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Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
ENR Construction
JULY 11, 2024
The startup has seen its construction progress documentation and machine learning-based schedule analyzer technology used on large, complex projects around the globe.
Construction Superintendent Magazine
JULY 9, 2024
International property and construction consultancy firm Rider Levett Bucknall has released its latest Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest RLB quarterly cost report, with data current to mid-Q2 2024, shows that the national average increase in construction costs was 1.12% over the previous quarter.
Construction Law
JULY 12, 2024
Water regulator Ofwat proposes cuts to water company’s infrastructure investment plans over the next five years by some £16 billion, at the same time as announcing that new funding models will be used in procurement of what is still a giant programme of £88 billion. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.
Construction Dive
JULY 10, 2024
Negotiations between local unions and contractors did not yield an agreement, but Hensel Phelps and the project owner say they’re dedicated to hiring local, disadvantaged businesses.
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Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
ENR Construction
JULY 9, 2024
Environmental reviews and planning for projects should be separated, researcher says.
BD+C
JULY 9, 2024
AIA’24: Colorful and Creative Metal Cladding 1 kcichowicz Tue, 07/09/2024 - 10:08 Missed us at AIA? Join Petersen’s Rob Heselbarth in the booth for a closer look at the wide range of colors and creative uses of PAC-CLAD products.
Construction Law
JULY 12, 2024
Housebuilder Avant Homes has been fined more than £300,000 after a driver was crushed to death by falling concrete blocks at a construction site in South Lanarkshire. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter on Fridays by creating a Newsletter account.
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