U.S. Economy Expands in Q2, Investment in Structures Contracts, Says ABC

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The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels. Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of the past seven quarters, according to an analysis by Associated Builders and Contractors of data released by the U.S. Bureau of Economic Analysis. The overall growth in GDP was almost entirely driven by increases in personal consumption expenditures, with sales of goods increasing by 11.6% and sales of services by 12%. “Today’s GDP report was terrific by normal standards, but … Read more

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Gateway Project at University of California, Berkeley ‘Lights the Way’

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Turner Construction Company was recently awarded the Gateway Project at University of California, Berkeley. This project is part of UC Berkeley’s Light the Way Campaign, an effort to raise $6 billion for faculty and graduate students, undergraduate opportunities and experience, research and first-rate facilities. The 380,000-square-foot building will serve as home to the university’s Division of Computing, Data Science and Society, a new entity that reimagines academic collaboration and co-creation to tackle the technical, scientific, social and human dimensions of the most urgent challenges. Bringing together 1,600 students and faculty, the space will feature research laboratories, offices, meeting rooms, classrooms, … Read more

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New Children’s Justice Center Assists Law Enforcement, Provides Survivors Place to Recover

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Construction is complete of the new Cache County Children’s Justice Center, located in Logan, Utah. The new facility is nearly five times larger than the previous building and will help child and adult survivors recover and find security in a safe environment. It will also allow law enforcement to work more efficiently. The facility offers interview rooms, a medical wing and observation space. Big-D served as general contractor on the project. The Malouf Foundation had started making plans for the new facility on its Logan campus. However, due to the COVID-19 pandemic, the project was shifted to a previously owned … Read more

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CIS Offers Team Assessments, Vital Statistics Promotion at The Utility Expo

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Crane Industry Services will highlight solutions for both skilled trades workers and leadership during The Utility Expo, Sept. 28-30, in Louisville, Kentucky. See them at Booth N2008. During the show, attendees can participate in a brief, free assessment of their crew’s communication and feedback skills, emotional intelligence, processes, accountability and cohesion. Results are delivered onsite and can be compared to aggregate industry data. “This assessment is a powerful first step in helping utility crews reduce risk and improve productivity,” said Peter Krammer, senior partner, Okos Partners and TradeUp senior advisor. CIS uses cutting-edge training and assessment tools to help public … Read more

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Total Construction Starts Slip in June

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Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to Dodge Data & Analytics. All three major sectors (residential, nonresidential building and nonbuilding) pulled back during the month. Single-family housing starts are feeling the detrimental effects of rising materials prices. Large projects that broke ground in May were absent in June for nonresidential building and nonbuilding starts, resulting in declines. “Unabated materials price inflation has driven a significant deceleration in single-family construction,” stated Richard Branch, chief economist for Dodge Data & Analytics. “Lumber futures have eased in recent weeks, but builders … Read more

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