The value of total construction starts in January fell 2% from December to a seasonally adjusted rate of $725.9 billion, according to Dodge Data & Analytics, chipping away at December's upwardly revised gain of 12%.
If President Trump adopts Commerce Dept. recommendations to impose severe trade penalties on steel and aluminum imports from China and other foreign countries, prices for construction steel and aluminum products would jump and some contractors could suffer a financial blow, industry economists predict.
The 10 longest floating bridges in the world
A survey of pontoon bridges that push the limits of the technology.
Local Construction Firms Tackle The Industry's Crucial Diversity Problem
The construction industry is not exactly known for its diverse workforce, but Webcor’s Mei Lin Wolff is hoping to change that. She joined San Francisco-based Webcor in 2015 when women made up only a quarter of the company's workforce and has been pushing to create a more vibrant workforce.
Drones and the Construction Industry
Kilpatrick Townsend attorneys, Brian Gaudet, David Lynch and Courtney Lynch want to make sure that the construction industry is prepared for the use of drones. This new technology creates some great opportunities, but also requires some additional considerations and may require re-thinking your contracts.
Three Emerging Technologies Impacting The Construction Industry
Technology is shaping the world with everything from electric cars to hyperloop. But when it comes to the real estate construction industry, it is still underserved by technology. The construction industry contributes over 4% to the U.S. GDP, and it needs to adapt to new technologies in order to automate processes and decrease dependencies on manual labor.
Report Finds Opioid Epidemic Hits Construction Industry Hard
Report co-author Jill Manzo, a researcher with the Midwest Economic Policy Institute, says construction work is particularly vulnerable to the epidemic because of the physical nature of the work.