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Section: Business > Industry Trends
Business
Five-Year Outlook for US Construction Industry Looks Brighter
According to a new report, the US construction sector’s average annual growth is set to accelerate over the next five years.
August 26, 2015
Business
DC Reaches Record High Level of Residential Construction
Between 2010 and 2015 the city has seen an average of 4,403 residential permits issued per year
August 24, 2015
Washington D.C. saw a record-breaking number of permits issued between 2010 and 2015 — on average, 4,403 per year — more than the average issued each year in the last residential construction boom between 1960 and 1969.
Business
Senate Sends Three-Month Highway Bill to Obama
The bill extends infrastructure spending until Oct. 29 and pushes the debate into the fall.
July 30, 2015
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Business Services
Apprenticeships are Still a Viable Source of Construction Workforce Development
Apprenticeship and apprenticeship readiness programs are still one of the best routes to bring in and educate new construction workers
July 29, 2015
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Business
Morningstar Construction Outlook: Nonresidential Spending Likely to Disappoint
Manufacturing, commercial and highway/street sectors to have greatest growth; power, education and office sectors to be weaker
May 29, 2015
Nonresidential construction spending will grow about 4% on a nominal basis over the next decade (nonresidential construction put-in-place, in current dollars, in millions (left), and as percentage of GDP (right)).
Equipment
North America, Europe Expected to Lead Growth in Construction Equipment Markets
Global growth trend expected to continue as industry looks ahead to bauma 2016
May 28, 2015
Home
Industry Economists Indicate Bright Spots in 2015 Construction Forecast
Multifamily and mixed-use commercial construction projects will help drive the construction economy in 2015
April 30, 2015
Business Services
Industry Economists Indicate Bright Spots in 2015 Construction Forecast
Multifamily and mixed-use commercial construction projects will help drive the construction economy in 2015
April 30, 2015
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Business
NY, Texas Experienced Commercial Construction Boom in 2014
New York, N.Y. exceeded $20 billion in commercial construction in 2014 with Dallas and Houston tied for second
April 6, 2015
Concrete
Have You Heard The Buzz?
With construction spending growth expected to double, 55,800 attendees made North America's largest construction trade show a very busy place.
March 23, 2015
Portland Cement Association Chief Economist Ed Sullivan forecasts a doubling of construction spending growth in 2015 to 5%, and continued 8% growth in cement consumption through 2016.
Business Services
Rising Construction Costs May Interfere with Construction Industry Recovery in 2015
Raw material costs are expected to stabilize in 2015, but rising labor costs will force construction costs to continue to grow
March 12, 2015
Business
Omaha Construction Unions Finding Creative Ways to Fill Labor Shortage
Projects like Google's $400 million data center expansion are draining the construction workforce in the Omaha area
March 9, 2015
Business
Highway Funding Fix Will Come Second Half of 2015, Predicts NAPA VP
'When the current highway bill expires at the end of May, we will probably get an extension. Our fix will come in the second half of the year.'
March 2, 2015
Business
Video: Demand for Residential Construction Will Lead the Way in 2015
Sage annual customer survey reveals economy is improving but labor shortage is a factor, residential construction demand is increasing and more contractors are seeking technology to improve efficiency
February 5, 2015
Video: Demand for Residential Construction Will Lead the Way in 2015
Cranes
More Cranes Mean More US Construction in 2015
North American Crane Index uses the number of fixed cranes on construction sites in major cities across North America to forecasts construction growth rate
January 20, 2015
The RLB CraneIndex, published biannually, tracks the number of fixed cranes in major cities across North America. The Index provides a good indication of the current state of the construction industry’s workload in each of these locations.
Concrete
World of Concrete Will Be the Largest Commercial Construction Event in 2015
The 40th international commercial-construction trade show for concrete and masonry pros Feb 2 through 6 will be the largest World of Concrete in six years
January 15, 2015
Hands-on demonstrations of concrete processes and construction equipment are hallmarks of the annual World of Concrete show.
Business
State of the Construction Industry: Proceed With Caution
The economy continues to grow, although the pace might not be as robust as most would like. Still, the uptick continues and it will have a direct impact on your customers' purchasing and rental habits for the coming year.
January 7, 2015
Uncertainty over federal highway funding levels is likely to result in modest to flat growth in road building activity in 2015.
Business Services
Vermont Senator to Introduce $1 Trillion Infrastructure Spending Legislation
Legislation would focus on fixing crumbling roads and bridges and investing in other infrastructure modernization projects
January 6, 2015
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