Inflation + Labor Shortages Weigh Down Construction Industry in 3rd Quarter, Finds Marcum Index

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The Marcum Commercial Construction Index for the third quarter of 2021 reports that the construction industry’s recovery slowed during the summer in the face of labor shortages and rising material prices. Nonresidential construction spending remains 10.7% below January 2020 levels, but is 1.3 lower than it was one year ago. The index is produced by Marcum’s National Construction Services group. “The nonresidential construction segment added 33,000 net new jobs in October 2021 and supports 46,500 more jobs than it did in October 2020,” said Anirban Basu, Marcum’s chief construction economist and author of the report. “But a majority of that […]

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National Association Reports Construction Firms Add 44K Jobs in October, Struggle with Supply Chain Challenges

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The construction industry added 44,000 jobs between September and October as nonresidential construction firms posted back-to-back increases for the first time since January, according to an analysis of government date by the Associated General Contractors of America. Association officials said the employment gains were welcome news but cautioned that employment levels remain well-below pre-pandemic totals as firms struggle with supply chain problems, labor shortages and federal inaction on infrastructure funding. “It is encouraging to see continuing job growth in nonresidential construction but the industry remains far behind the overall economy in recovering all of the job losses from the pandemic,” […]

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New Dallas County Sheriff’s Academy Boasts State-of-the-Art Gymnasium, Outdoor CrossFit Training

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Completed this summer and located in Texas, the new 27,000-square-foot Dallas County Sheriff’s Academy serves as the main training facility for both sworn peace officers and cadets in the county’s academy. Situated on the southern end of a 12-acre campus, the Dallas County Sheriff’s Department, Constables and Parkland Hospital System Police Department will all utilize this academy as the training ground for initial and continuing education needs. The new academy includes three, 50-seat terraced lecture halls with instructor observation rooms and two flexible classrooms large enough to accommodate 50-100 cadets. Classrooms are equipped with digital technology to provide for multi-sensory […]

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Hiring Our Heroes: Military Vets Could Be Answer to Construction Staffing Challenges

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As construction companies struggle with finding skilled labor, military veterans are a segment of the labor force that deserves attention. Vets make up about 7% of the construction workforce and each year approximately 200,000 vets transition out of the military. Those construction firms that have been successful in recruiting and retaining veterans say their hard and soft skills, as well as attitudinal characteristics make them great new hires. In addition, several programs are in place that make it advantageous and cost-effective to train and hire vets. CONEXPO-CON/AGG is sharing the key benefits vets offer, how to recruit and how to […]

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Collaboration, Prefabrication Keep Research and Academic Building Project on Track

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The future of medical research and scientific study on the Zuckerberg San Francisco General Hospital and Trauma Center Campus, located in California, now resides in a new academic building. The UCSF Research and Academic Building consists of a 175,000-square-foot research and academic building, as well as a roadway project that is now part of the ZSFG campus. The new building consolidates some of the university’s research and teaching activity at ZSFG and contains a mix of state-of-the-art research and academic teaching spaces that will support the UCSF research and administrative space in the five-story structure. For Boldt project managers, collaboration […]

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