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Business: Page 254
Business
Assess Weaknesses in Your Construction Business and Build On Its Strengths
Take a deep dive into what’s happening in the office and on your jobsites to identify what’s going right, and what aspects could stand improvement.
Business
Housing Lifts US Construction Spending to 4.7% 2020 Growth Over 3.0% Nonresidential Pandemic Slide
December's construction-put-in-place number rose just 1.0%, with single-family residential spending jumping 5.8% and nonresidential construction 1.7% below the revised November estimate
Business
National Nonresidential Construction Spending Declined 0.8% in December 2020
Associated Builders and Contractors Inc. (ABC)
Private nonresidential spending was down 1.7%, while public nonresidential construction spending was up 0.5% in December.
Business
US Recession Recovery Shows Signs of Stalling with Just 4.0% GDP and 3.0% Nonresidential Construction Growth in Q4
Associated Builders and Contractors Inc. (ABC)
Compared to 33.4% Q3 GDP growth, 4.0% represents drastic slowing, 'An indication of an economy still beset by uncertainty and interruption. Economic momentum has been decelerating rapidly since the summer,' says ABC's chief economist
Digging Deeper
Procore Breaks into Preconstruction with Esticom Capability Assimilated into Project Management
Procore Technologies, Inc.
Big changes at the cloud construction-management leader include improved collaboration, muscular financial capability and a very short lead time for more-interactive AI.
Labor & Workforce Development
Hops & Highways Episode 15: Attracting Women to the Asphalt Industry
Lakeland Asphalt Corp.
This week, Jess & Dormie talk to Laura Williams from Lakeland Asphalt who is also Vice-Chairwoman of the Michigan Branch of Women of Asphalt. We also discuss ways to attract more women to this male-dominated industry.
Rental Business Services
Alphavima Technologies PREXA365
Alphavima Technologies
Alphavima Technologies designs PREXA365, a cloud-based equipment rental management system powered by Microsoft Dynamics, helping companies manage, grow and optimize business within the equipment rental industry.
Construction Technology
Canadian Construction Tech Startup Nexii Opening Plant in Pennsylvania With 180 Jobs
Nexii
Green construction tech company Nexii receives investor funding, names notables to board and plans to open Pennsylvania plant in spring 2021.
Business
Top 10 Hottest Construction Stories This Week: How Biden’s Day 1 Orders Hit Construction
Most-read construction stories of the week include how Biden's Buy American executive order will impact construction and manufacturing, Expected Biden tax plan to fight COVID-19’s economic battering, tower cranes that could change home construction, more
Construction Update
Top 10 Construction Stories of the Week: How Biden’s Day 1 Orders Hit Construction
Most-read construction stories this week include how Biden's Buy American executive order will impact construction and manufacturing, Expected Biden tax plan to fight COVID-19’s economic battering, tower cranes that could change home construction, more
COVID-19
OSHA Issues Stronger Guidance on Coronavirus Protection Program Implementation
Occupational Safety & Health Administration
Stronger worker safety guidance is intended to help employers and workers implement a coronavirus protection program and better identify risks.
Construction Technology
Study: Cybersecurity Spending to Increase 10% in 2021
The latest quarterly Canalys cybersecurity forecast predicts spending will increase 10% worldwide in the best-case scenario in 2021.
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