According to a new report from McKinsey & Co., a new trend in construction—modular construction—may completely change the way projects are designed and built and the role all the players in construction undertake during...
The Massachusetts Associated General Contractors (AGC) has a strong commitment to reducing opioid abuse. Mike O'Brien, Massachusetts AGC's chairman of the board and vice president of Gilbane Building Co. wrote in a message on...
It’s no secret that lighting and electrical technology changes faster than the flip of a switch. New building construction incorporates this new technology, but existing buildings miss out. A new report released in April by...
According to the latest report from Associated General Contractors of America (AGC), contractors are raising their construction prices as a result of tight labor market conditions and increases in the costs of many materials...
The nation’s leading tech giants have shown a penchant for forward-thinking ventures beyond their core business models. Companies like Google, Apple and Amazon have led by example on a number of popular digital and energy...
According to recent data from the Centers for Disease Control and Prevention (CDC), the suicide rate among the working age population in the United States increased 34 percent between 2000–2016, from a rate of 12.9 per 100...
According to a new report from the Associated General Contractors of America (AGC), based on an analysis of new government data, construction spending hit a seasonally adjusted annual rate of $1.329 trillion, and grew 5.5...
The City of Chicago has earned some bragging rights. By the end of 2017, its crane count stood at 60, bested only by Seattle. As Mayor Rahm Emanuel posted on Twitter: “Chicago’s 60th crane marks a 5x increase from 2010, when...
In an analysis of the U.S. Department of Labor’s producer price indexes and employment cost indexes, the Associated General Contractors (AGC) of America found that material prices rose nearly 9 percent from May 2017 to May...
According to recent analyses, both construction employment and spending rose in spring 2018, indicating labor demand in the industry continues to be high. However, as always, the challenge is finding qualified workers to take...
Escalating in recent weeks, the Trump administration has been exchanging tariffs with foreign countries , such as China. While the "tariff wars" have affected electrical contractors (ECs) to some degree related to specific...
According to the latest American Community Survey (ACS), recently released by the U.S. Census Bureau, self-employment in construction is considerably above average compared to other sectors. The survey finds 23 percent of...
The construction industry is experiencing steady, but modest, job gains since 2011, when construction employment decreased sharply, according to a construction employment analysis from the National Association of Home...
While there are a few clouds on the horizon that should not be ignored, 2018 is shaping up to be a strong year for nonresidential construction, including commercial, industrial and institutional (CII). According to a recent...
It may sound like a broken record at this point, but the No. 1 priority for many in the trades remains solving the skilled labor gap that plagues contractors everywhere. As more tradespeople retire, there is no clear source...
As tech behemoth Amazon.com has publicly searched for a home for its second headquarters, cities across the United States—both large and small—have competed for the project that will create thousands of jobs and likely...
If the economy went in for a checkup, the doctor would likely say, “Keep doing what you’re doing.” Overall, things are positive with no surprises. We’re at full employment. Inflation is in check. The stock market is confident...
According to the 2016 Census of Fatal Occupational Industries (CFOI), released by the Bureau of Labor Statistics (BLS) on Dec. 19, construction worker fatalities saw a six percent increase from 2015 to 2016. In total, there...
According to an employment report, released by the U.S. Department of Labor’s Bureau of Labor Statistics on August 4, the construction industry added 6,000 new positions (seasonally adjusted) in July. The increased employment...
According to the latest monthly report by the U.S. Census Bureau, construction spending in the United States fell 1.3 percent in June to a seasonally adjusted annual rate of more than $1.2 trillion. In the big picture, news...
