Nonresidential Construction Spending Inches Higher in January
National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $968.7 billion for the month. Spending was down on a monthly basis in seven of the 16 nonresidential […]
The Great Unknown
It almost goes without saying that an estimator’s vocation is filled with a plethora of professional challenges. Inflated material costs, labor shortages, unrealistic time constraints, ambiguous bid docs and shifting scopes of work head a list of work-related woes as long as King Kong’s arm. But there is an overarching matter that summarizes all […]
Total Construction Moves Higher in February
Total construction starts rose 6% in February to a seasonally adjusted annual rate of $912.8 billion, according to Dodge Construction Network. During the month, residential and nonresidential building starts rose 11% and 9% respectively, and nonbuilding starts declined by 5%. For the first two months of 2023, total construction starts were 17% […]
Compass Construction Knows How to Navigate Ceiling Jobs
Eight of 10 wall and ceiling contracts that Columbus, Ohio–based Compass Construction Inc. does today incorporate specialty ceiling systems. It’s a remarkable jump from a decade ago but for Compass estimator Lisa Staten, it is all good. “Ceiling tile was so easy not to notice years ago but now spaces are designed […]
Rising Pay Helps Construction Sector Adds 24,000 Employees in February
Construction firms added 24,000 employees in February, as hefty pay raises for hourly workers enabled the industry to increase employment more steeply than other sectors, according to an analysis by the Associated General Contractors of America of new government data. Association officials said that while employment levels are now at record levels in the […]
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Texas Christian University Sadler Hall Renovation Fort Worth, Texas AWCI Member Contractor: Marek Brothers Systems, LLC (Dallas) The following project was submitted to AWCI’s Excellence in Construction Quality Awards program in 2023 in the Drywall category. The Sadler Building is an original building on the campus of Texas Christian […]
Construction Materials Prices Up 0.4% in February
Construction input prices expanded 0.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices also rose 0.4% for the month. Overall construction input prices are 2.6% higher than a year […]
Firestop for Today’s Construction Challenges
As building construction has increased in complexity, so has the proper design, usage and installation of firestopping materials. Specified Technologies Inc. understands that unique site conditions call for unique firestopping solutions, which is why we have a fully staffed Engineering Services Team readily accessible to help with Engineering Judgments (EJs), technical inquiries, specification reviews, […]
Builder Confidence Edges Higher in March but Future Outlook Uncertain
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market. Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to […]