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Construction News Tracker
Construction News Tracker: Housing Starts Surprise Forecasters with 6.4% Jump in October
News headlines include Dodge’s forecast of 4% starts increase in 2021, voters approved the most transportation-improvement initiatives in 20 years, horrific crash melts steel and asphalt of I-75 bridge over the Ohio River
Construction Toolbox
12 Days of Construction Christmas 2020 Gift Guide - PACKOUT Compact Tool Box
Construction Update
10 Hottest Construction Stories This Week: Expenses Paid with PPP Funds Not Deductible
COVID-19
Pandemic Success: How To Minimize Financial Losses, Construction Overruns and Project Delays
Equipment
Great Lakes Women’s Business Council Certifies Martin Equipment of Illinois
Construction Toolbox
12 Days of Construction Christmas 2020 Gift Guide - Wireless Earplug Earbuds
Recommended
Construction News Tracker
Construction News Tracker: Housing Starts Surprise Forecasters with 6.4% Jump in October
News headlines include Dodge’s forecast of 4% starts increase in 2021, voters approved the most transportation-improvement initiatives in 20 years, horrific crash melts steel and asphalt of I-75 bridge over the Ohio River
Construction Toolbox
12 Days of Construction Christmas 2020 Gift Guide - Wireless Earplug Earbuds
These noise cancelling, OSHA-compliant bluetooth hearing protectors are a great option for the noisy construction jobsite.
Infrastructure
Latest Coronavirus Relief Package Includes Funding for Transportation, State & Local Governments
$908 billion bipartisan emergency relief framework includes $45 billion for transit, airlines, airports, buses and Amtrak. State & local governments will receive $160 billion but it's unclear how much will be allocated to State DOTs
Latest
Economics
US Nonresidential Construction Spending Flat in October
Total value of construction put in place for the month rises on continued residential strength, but the near-term outlook is clouded by persistent pandemic questions
Business
Stay on Track to Profitability with Business Scorecards
As the head coach of your business you must have an updated scorecard to know and track your numbers, statistics, results, progress, and the score at all times to stay headed in the right direction.
Rental
IPAF Webinar Outlines Initiatives for 2021
The International Powered Access Federation (IPAF) will host a live webinar to summarize what has happened in the industry in 2020, anticipate the future in the industry, and announce game-changing initiatives IPAF plans to launch.
Lifting Equipment
IPAF's Report Anticipates 2021 MEWP Rental and Economic Trends
The Global Powered Access Rental Market Report 2020, conducted by IPAF, analyzed the positive state of MEWP rental and economic trends — indicating recovery for countries including Italy, the Netherlands, Germany, and China in 2021.
Infrastructure
Latest Coronavirus Relief Package Includes Funding for Transportation, State & Local Governments
$908 billion bipartisan emergency relief framework includes $45 billion for transit, airlines, airports, buses and Amtrak. State & local governments will receive $160 billion but it's unclear how much will be allocated to State DOTs
Groundbreakers
Cloud-based Software Cuts Construction Project Change Order Costs
Set yourself up for success throughout what looks likely to be a very competitive 2021.
Groundbreakers
Cloud-based Software Cuts Construction Project Change Order Costs
Set yourself up for success throughout what looks likely to be a very competitive 2021.
Profit Matters
The Contractor's Best Friend Podcast: Healthy Habits That Keep Everyone Working
Construction sites are getting safer, but contractors need to keep personal health and safety at the forefront as well on the jobsites and in their companies.
Construction Toolbox
12 Days of Construction Christmas 2020 Gift Guide - Sena Worksite Communications Solutions
Communication has become even more essential as 2020 required us all to social distance even at work.
Lifting Equipment
IPAF Provides Membership Fee Discount Due to COVID-19
IPAF has offered a 25 percent discount on the 2020 membership fee to provide financial assistance during the Covid-19 pandemic.
Asphalt
2021 State of Road Building: Our Nation is Ready to Make Infrastructure a Priority
Despite the uncertainty we saw in 2020, experts believe that there is reason to be hopeful in 2021 as Americans are making it well known that our crumbling roads and bridges are a prime concern they want the new Congress to address
Construction Toolbox
12 Days of Construction Christmas 2020 Gift Guide - COFFEEBOXX
For some, coffee on the jobsite is a must, and the COFFEEBOXX makes that easier.
Business
Factors Affecting Frenzied Border-Wall Construction under a Biden Administration
Trump administration’s race to throw up barriers on the southern US border could slow in January, but construction is neither easy nor free to stop
Business
Factory_OS Raises $55 Million to Advance Modular Construction to Help Solve Housing Crises
Factory_OS announced that it has raised $55 Million in Series B funding to further advance industrialized construction, market expansion, and technology and policy innovation to make building multifamily housing safer, more sustainable and less expensive.
Labor & Workforce Development
How Much Should a Concrete Finisher Make?
Concrete finishers earn an average of $30,000 - $70,000 per year. How much should you be making?
Business
Equipment Finance Sector Shows Activity Up 6% in October But Down 9% YOY
Cumulative new business volume year-to-date is down almost 6% compared to 2019 as pandemic continues to impact activity.
Digging Deeper
How MIPS Technology Can Reduce Brain Injuries Hard Hats Don’t Cover
Multi-directional Impact Protection System can help mitigate risks and make workers safer on jobsites.
Economics
Construction Employment is Down in Three-fourths of States Since February, After 36 States Add Construction Jobs In October
New York and Vermont post worst losses since February as Virginia and South Dakota add the most; Maryland records worst one-month job losses, while California and Alaska post biggest gains
Business
Construction Costs Reverse Seven Months of Decline in November
The IHS materials and equipment cost sub-index continues to fall, but the sub-index for subcontractor labor cost increased across virtually all regions in the US and Canada
Rental
Navigating the Legal Maze of Rental Purchase Options
In the rental industry post-COVID, there have been more requests for rental purchase options and outright equipment purchases. However, companies need to be prepared for a different set of legal landmines and liabilities.
COVID-19
Treasury Confirms Expenses Paid with Forgiven PPP Funds Not Deductible
‘If a business reasonably believes that a PPP loan will be forgiven in the future, expenses related to the loan are not deductible, whether the business has filed for forgiveness or not,’ said the U.S. Treasury Department.
Construction Technology
Intel CEO Asks Biden to Invest in Manufacturing
Bob Swan, Intel's CEO, addressed an open letter to President-Elect Joe Biden, calling for an increase in U.S. manufacturing and digital infrastructure.
Construction Technology
Zoom Improves Cybersecurity, Receives Awards
Zoom has added new features to its video conferencing service to improve security.
Personal Protection Equipment
5 Tips for Choosing the Best Construction Gloves
Finding the right glove for the job is as important as matching any other tool of the trade to the task at hand.
Business
SoFi Time-Lapse: 4 Years of Constructing the NFL's Largest Stadium in 3 Minutes
A 3-minute time-lapse, from dozens of camera angles, captures construction of all 3.1 million sq ft of SoFi, the NFL's largest stadium, and their first open-air, indoor-outdoor venue; home to the Chargers and Rams
Training & Education
NCCER and BYF Announce Scholarship and I BUILT THIS! Contest Winners
BYF, an initiative to recruit the next generation of craft professionals, presents the recipients of the Careers in Construction Month scholarships and I BUILT THIS! contest winners.
Business
Time To Drive Pervasive Slavery Out of Construction
18% of today’s forced labor occurs in the construction and producing construction materials, and the industry can act to deliver slavery-free infrastructure
Construction Update
Top 10 Construction Stories of the Week: 2021 Full-size Pickups Ramp Up Capability
The most-read construction stories of the week include the Biden administration’s USDOT transition team, an AI robot that can flatten concrete floors, Caterpillar’s track-life tips, Ford’s 2022 E-Transit electric work van, Dodge 2021 construction outlook
Training & Education
Webinar Aims to Help Contractors Maintain Profitability Post-Pandemic
On Dec. 1, 2020, the BCA Insurance Group, Avrio Solutions and TD Bank will host a webinar series to help contractors navigate the future of construction post-pandemic. Their aim is to provide information to help contractors find continued success.
Construction Technology
Command Alkon and Libra Systems, Inc. Join Forces
The acquisition of Libra Systems Inc. to Command Alkon enhances plant automation, point-of-sale, enterprise integration, dispatch, and GPS asset management systems and services for customers.
