Calm before the storm? What the construction industry can expect in 2019
Last week, industry leaders and economists convened at Dodge Data & Analytics’ Outlook Executive Conference at Maryland’s National Harbor to roll out predictions for the U.S. economy and construction markets in the coming year. The top finding of Dodge’s report that was unveiled at the event is that total construction starts in 2019 will inch up to just over $808 billion from this year’s estimated $806.8 billion.
2019: the pipeline to a modern construction industry
At the end of last year, the government set out plans for investment of £600bn in infrastructure over the next 10 years, which will be spread across multiple sectors, including transport, energy, utilities and social infrastructure.
Shutdown Affects Some, But Not All, Infrastructure Programs
The partial shutdown of the federal government, which began on Dec. 22, will have an effect on some federal construction programs—especially those under the Federal Transit Administration—but other major infrastructure accounts, particularly highways, will continue with little change.
Construction industry ‘begging’ for workers
In Arizona, the construction industry is building ground — and demolishing stereotypes.According to a report by the Office of Economic Opportunity, Arizona gained 19,000 new construction jobs from Nov. 2017 to Nov. 2018.
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The new faces of the construction industry
The sight of more women and people of color in hard hats is one sign of a more concerted effort by the industry to diversify its workforce amid a building boom and labor shortage.
Op-Ed: Labor and construction industry need to work together for a stronger Houston
Houston has taken some hits in recent years following Hurricane Harvey and chronically low oil prices. But, as the saying goes, “Don’t mess with Texas.” We know our future is looking bright. Oil prices are rising and the city is rebuilding. As we rebuild and grow in this revitalized economy, we need to be prepared to meet the needs of an ever-changing environment, including infrastructure corrosion.