If I were a pessimist, I could bemoan the fact that most economists think 2010 will be another tough year for nonresidential construction and that full recovery may not be realized until 2011 or later. But pessimism is for people who have no hope.
While worldwide reactions were tepid at best to the December 2009 United Nations Climate Conference in Copenhagen, Denmark, and specifically about to the inability of political leaders attending the event to tackle climate change, more optimistic news emerged from the conference on at least one fron
Deteriorating demand for construction services continued to drag on the economy as new federal figures show another 53,000 construction workers lost their jobs in December 2009 and the industry’s unemployment rate climbed to 22.7 percent, according to the Associated General Contractors of America.
In a classic case of the tail wagging the dog, upgrades to the nation’s electrical grid may be finally catching up to the technologies it has served. Widely available electricity has been the foundation for countless innovations in telecommunications in the modern age.
Underscoring the continued weakness of the nation’s housing market, sales of newly built, single-family homes declined 11.3 percent in November 2009 to a seasonally adjusted annual rate of 355,000 units, according to figures released by the U.S. Commerce Department.
We are sure to see an overall enforcement campaign that addresses ergonomics and more. In the words of Jordan Barab, “Under this new administration, OSHA is heading back to the original intent of the OSH Act. We’re back in the enforcement business.”
Leading construction experts and economists agree that the economy is emerging from its deepest and longest financial crisis since the Great Depression. Even with a modest boost from government stimulus dollars, it will be a very slow crawl out of recession and into recovery.
The National Electrical Manufacturers Association (NEMA) Electroindustry Business Confidence Index (EBCI) for current North American conditions increased for a third straight month and topped the 50-point threshold indicative of expansion for a second straight month in September.
McGraw-Hill Construction’s SmartMarket Report, “The Business Value of BIM: Getting Building Information Modeling to the Bottom Line,” produced with software manufacturer Autodesk and 26 other industry organizations, profiles adoption of building information modeling (BIM) in North America and examin
In 2008, fires caused more than $15.5 billion in direct property loss, but overall, the National Fire Protection Agency (NFPA) reported a decline in fire losses from the previous year. Fires in residential properties accounted for $8.6 billion.
ServiceMagic.com released its Home Remodeling and Repair Index for the second quarter of 2009, and the data indicates consumers are still somewhat cautious in home remodeling spending. But confidence is substantially increasing, especially among baby boomers.
The National Electrical Manufacturers Association Electroindustry Business Confidence Index (EBCI) for current North American conditions jumped nearly 12 points to 53.3 in August, an indication that the business environment facing electrical equipment manufacturers improved during the month.
Since 1998, the national construction fatality rate declined 47 percent, and the number of recordable safety incidents dropped 38 percent since the federal government switched to a safety oversight approach known as “collaborative safety,” according to an analysis of federal safety data released by
Construction workers nationwide continued to bear the brunt of the recession, accounting for almost one-third of jobs lost in August, according to an analysis of new construction employment figures released by the U.S. Bureau of Labor Statistics.