PHOENIX, Ariz. — According to Rider Levett Bucknall, findings in its newly released Third Quarter 2015 USA Construction Cost Report, the U.S. construction industry continued to experience an upward trend last quarter, with three consecutive months of growth. The report also states cost escalation in Honolulu, Hawaii in the second quarter hit 2.76 percent (11 percent annualized) leading its construction costs to eclipse those of New York City and making it the most expensive city to build in the USA. Rider Levett Bucknall’s research indicates that national activity for construction put-in-place jumped by nearly 12 percent between the third quarter … Read more
LoJack Corporation Releases Annual Construction Equipment Theft & Recovery Report
CANTON, Mass.— LoJack Corporation recently released data and findings from the Company’s annual Construction Equipment Theft and Recovery in the United States study. LoJack’s report, and accompanying infographic, reveal industry trends specific to construction equipment and machinery equipped with the LoJack Stolen Vehicle Recovery System. In the United States, many rental companies and equipment owners may be unaware of the high risk of theft that is associated with owning and operating construction equipment. LoJack’s 2014 study revealed the following: Cost of theft: In 2014, more than $7,735,458 worth of construction equipment assets were stolen and recovered. Top states for equipment … Read more
Nanomaterials Present New Questions for Occupational Safety and Health in Construction
Nanotechnology is transforming many industries, including construction. Nanomaterials are incredibly small — between 1 to 100 nanometers or about 1 million times smaller than the length of an ant. At this size, materials can take on new properties. Adding nanomaterials or making changes at this tiny size can transform familiar construction materials into concrete that conducts electricity, glass that cleans itself and coatings that cut smog. The industry is only beginning to understand the possible hazards for workers who handle these materials. The Center for Construction Research and Training has created the website http://nano.elcosh.org/. Visitors to the site — … Read more
New Craft Training and Assessment Resources Available for Military Members, Veterans
ALACHUA, Fla. — As part of their commitment to help veterans and returning military make a smooth transition into rewarding construction careers, NCCER and its Build Your Future initiative have developed the Hard Hat Heroes campaign to assist in recruiting, training and hiring veterans. The Hard Hat Heroes program provides military service members and veterans with access to free online training and a portal to connect with interested employers. NCCER and its publisher, Pearson, are donating $1 million of online Core Curriculum to veterans and service members to provide them with training and credentials. Veterans and service members who want … Read more
Dodge Momentum Index Jumps in September
NEW YORK, N.Y. — The Dodge Momentum Index moved 5.8 percent higher in September to 133.5 (2000=100) from its August reading of 126.2. The index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The impetus behind September's gain was a 12 percent increase from the previous month in institutional building planning. State and local budgets, which finance many projects in the institutional category, continue to recover from their recessionary weakness. With this support, planning for new institutional … Read more





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