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Contractor’s Site Report
Profit Matters: Page 76
Financing, Insurance & Leasing
Report: 2018 Was a Good Year in Construction
Infrastructure spending and a growing construction backlog make 2018 a good year for the construction industry, according to Marcum Commercial Construction Index
Apps
[APP] Caterpillar Launches Machine Telematics Data App
Caterpillar - Cat
Cat App delivers simplified, streamlined data directly to a user’s mobile device for quick monitoring of machine location and health
Profit Matters
Moody's: Homebuiling, Building Materials Outlook Stable for 2019
Moody's anticipates homebuilding and building materials will see revenue growth over the next 12 to 18 months
Business
ABC Construction Backlog Indicator Shrinks Significantly in Q3 2018
Associated Builders and Contractors Inc. (ABC)
Despite an 8.4% drop from Q2 and record highs, construction backlog remains elevated by historical standards at above 9 months
Machine Grade Control, GPS, Laser & Other
Autonomous Cars Expected to Fuel a Construction Boom
Reduced parking demand will open up valuable urban real estate, taller buildings and more-profitable development
Construction Technology
7 Technology Innovations that Changed Construction in 2018
Impressive technological strides have been made over the past year that will continue to carry momentum into 2019
Business
Survey: Skilled Craft Professionals Salaries are on the Rise
The National Center for Construction Education and Research (NCCER)
Of the 32 construction positions surveyed, average annual salaries ranged from $47,700 to $92,500
Business
Moody's: Expect Modest Growth in US Construction in 2019
U.S. construction growth will likely be in the low-to mid-single-digits
Business
ABC Predicts Moderate Construction Material Price Increases in Early 2019
Associated Builders and Contractors Inc. (ABC)
With the global economy expected to continue to weaken and the dollar to remain strong only moderate material price increases are expected early next year
Construction Technology
74% of Contractors Expect Technology to Improve Construction Productivity
USG Corporation
The skilled-worker shortage has contractors planning to use technologies like drones, equipment tagging, wearables, and virtual reality within three years
Apps
[APP] Streamline Jobsite and Office Communication with SiteMax
SiteMax can be used by both general contractors and sub trades to improve communication, eliminate paperwork and streamline workflow
Labor & Workforce Development
Slowing Residential Spending Expected to Stall 2019 US Construction Growth
Dodge Data forecasts virtually no growth in the value of US construction starts in 2019 at this mature segment of the recovery
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