Business: Page 381

[APP OF THE WEEK] HaulHub Digitizes Material Hauling Scheduling and Tracking

HaulHub can help contractors manage material hauling needs with automated scheduling, invoicing and payments

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Construction News

Government Spending Spree Still Counterbalancing Housing Slide

The value of construction put in place held fast in April, with a 4.8% surge in public spending managing to match falling private residential and nonresidential sectors

U.S. public construction spending rose 4.8% in April to a record high of $344.6 billion to to balance the steepest drop in private construction outlays in six years.

Solutions for Finding Skilled Labor

Construction companies that don’t want to fall victim to the skilled labor shortage need to think about their strategies for recruiting employees

Construction companies should identify and begin recruiting local individuals before they begin college.

Construction Safety

[VIDEO] Triax Technologies Launches Access Control for Spot-r Platform

Triax Technologies, Inc.

New offering protects perimeter, increases real-time construction site security and reduces risk

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Nonresidential Construction Spending Barely Rises in April

Associated Builders and Contractors Inc. (ABC)

Public nonresidential spending expanded 4.8% on a monthly basis while private nonresidential spending fell 2.9% in April for a 0.3% rise in national nonresidential construction spending

National nonresidential construction spending rose 0.3% in April and is up 6.4% compared to the same time in 2018.

[VIDEO] Newest Construction Excavators, Utility Vehicles, Fall Protection and Equipment from May 2019

May didn't see as many new product announcements but there are still a few to note

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California to Examine the Amount of Surety Bond for Contractor's License

Proposed state legislation would evaluate if the current $15,000 bond should be increased to match current economic conditions and construction risks

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Construction News

April Construction Starts Retreat 15%

Dodge Construction Network

During the first four months of 2019, total construction starts were worth $224.5 billion, down 8% from the same period of 2018

Dodge Monthly

Construction News

ARTBA Applauds US District Court Striking Down 2015 Wetlands Rule

American Road and Transportation Builders Association (ARTBA)

Texas judge ruled on procedural objections and blocked enforcement of EPA's Waters of the United States rule in TX, LA and MS, leaving it in effect in 22 states

EPA and the Army have been working in fits and starts caused by the government shutdown and sluggish EPA appropriations on an understandable, implementable definition of 'Waters of the United States'

Construction Employment Increases Can’t Catch Up to Job Demand

Associated General Contractors of America (AGC)

Construction employment grew in 250 out of 358 metro areas between April 2018 and April 2019 but likely would have been higher if firms could find more qualified workers

“Demand for construction is steady or rising in most parts of the country, and many contractors are adding workers when they can find them,” said AGC Chief Economist Ken Simonson.

Construction Risk Management for 2019

Risk management should be seen as one of the most critical steps of a construction project

Risk Management Freedigitalphotos

Construction News

Chicago Signs Design Contract for $8.5B O'Hare Expansion

City officials said they are close to selecting another team that will be responsible for designing two new satellite concourses

O’Hare expansion plan calls for a Y-shaped Global Terminal that will handle domestic and international flights to replace O’Hare Terminal 2. It's scheduled to open in 2028.

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