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Business: Page 210
Business
Cause of More Construction Job Losses in August More Serious than COVID-19 Delta?
Loss of 3,000 jobs accompanied by declining construction unemployment suggest labor costs will continue to rise as the industry’s workforce contracts and restricted material and skilled-labor supply dampen demand for projects
Business
Construction Economy Grows in August Despite Labor, Supply Chain Challenges
Institute for Supply Management (ISM)
Overall services sector dips as labor, supply chain issues persist, according to the latest Services ISM Report on Business.
Construction Technology
August 2021 Most Read New ConTech Stories
Catch up on the newest construction technology stories from August 2021.
Business
Top 10 Construction Stories This Week: OSHA Calls on Construction to Combat Its Suicide Epidemic
Most-read construction stories include: Hensel Phelps keeps discovering profitable uses for construction drones, Highway Trust Fund to run dry in November, 7 reasons you need digital construction by 2022, who’s gonna to do all the new infrastructure work?
Business
US LBM Acquires Northern Building Supply
US LBM, a distributor of specialty building materials in the United States, has acquired Northern Building Supply, a building products distributor and retailer which operates two locations in northern Michigan.
Construction Technology
Study: Half of Companies Miss Cybersecurity Threats
According to a new study by Ponemon Institute, half of businesses are missing the early warning signs of insider cybersecurity threats.
Construction Technology
Togal.AI Launches Construction Estimating Tool
Togal.AI
Togal automates the estimating process, which includes measuring the size of each room’s square footage to accurately price the cost of construction.
Construction Technology
UM Developing Robotic Assistants to Advance Construction Industry
With the aim of enabling robots to learn from human partners on construction sites, the National Science Foundation is providing $2 million to a University of Michigan-led research team.
Construction News Tracker
Construction News: Dodge Forecasts 7% Starts Growth through End of 2021
Construction headline tracker includes: materials costs outstrip bid prices; 30 years after levying the tax, LA starts a new road; largest public project ever in RI enters final phase; US craftsmen hand-hew new truss for Paris’ Notre Dame Cathedral
Business
Construction Spending Up Only Slightly in July But Climbs Over 6% Year to Date
Total construction spending saw a 6.2% increase during the first seven months of 2021 vs. the same period in 2020 and is 9% higher year over year.
Business
Manufacturers Struggle to Meet Demand; Economic Activity Grows in August
Manufacturers are reporting major supply chain disruptions and material shortages for August 2021. COVID-19 also played a role in continued labor shortages. Despite that, the manufacturing sector grew for the 15th straight month.
Business
Atlas Copco Adds Bitting Electric Company as Premier Dealer
Atlas Copco Power Technique
Atlas Copco Power Technique has added Bitting Electric Company to its dealer network, effective immediately.
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