Dodge Momentum Index Jumps in September

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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 […]

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Skanska Teams with UW for New BIM Certificate Program

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The University of Washington's Department of Construction Management and Skanska have teamed up to offer a new certificate for Building Information Modeling. The new program — the UW-CERC/Skanska Building Information Modeling Certificate — was created to fill a gap in the field of people trained to use data-rich virtual-reality modeling tools. The 11-week program started on Sept. 29 and is open to UW students, local industry professionals and via online streaming to industry professionals nationwide. Students will learn tangible BIM software skills and gain an understanding of virtual design and construction processes that have real-world applications. Developed collaboratively by UW […]

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FMI 2015 Survey Indicates Skilled Labor Shortage Intensifies Despite Economic Recovery

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RALEIGH, N.C. — FMI Corp. released its 2015 Talent Development Survey in the Construction Industry, and the results reveal intensifying labor shortages, a widening gap between employer offerings and employee demands, and a lack of standard processes and frameworks among the top findings in the survey. “People-development is critical to companies" future success and ability to stay competitive. It is especially important in an environment of skilled labor shortage and increasing competition.” said Chris Daum, president of FMI Capital Advisors. “Firms need to have strategic and holistic processes in place for recruiting and retaining talent in order to stay viable […]

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The Council on Tall Buildings and Urban Habitat to Receive Innovation in Construction Prize

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Representatives from Turner Construction Company and the National Building Museum recently announced the Council on Tall Buildings and Urban Habitat will receive the 2015 Henry C. Turner Prize for Innovation in Construction. Turner established the prize—which comes with a $25,000 honorarium—at the National Building Museum, to recognize an advance or high achievement in the process of construction: an invention, an innovative methodology and/or exemplary leadership. CTBUH was selected for its long history of leadership in facilitating research and promoting education, as well as for its invaluable contributions to the building industry, which has benefited from the council's work related to […]

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Bosch Jobsite Radio Boasts Updated Features

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The Bosch Power Box PB360C Jobsite Radio/Charger/Digital Media Stereo delivers high-performance and 360-degrees of sound in a durable design. With a connection range of up to 150 feet, the Bluetooth technology allows users to move freely around the construction zone without being tethered to a cable, and without fear of losing sound quality. It can all be controlled a free smartphone app. The Power Box’s digital media bay offers a secure, storage area for electronic devices while delivering sound via an auxiliary input port, and also features a powerful AM/FM radio with advanced digital tuning. The unit can run on […]

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