Outlook Predicts Economic Slowdown, Broad-Based Impact on Construction Growth

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Dodge Data & Analytics recently released its 2020 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity. “The recovery in construction starts that began during 2010 in the aftermath of the Great Recession is coming to an end,” stated Richard Branch, chief economist for Dodge Data & Analytics. “Easing economic growth driven by mounting trade tensions and lack of skilled labor will lead to a broad-based, but orderly pullback in construction … Read more

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Construction Employment Increases in 38 States, D.C. from November 2018 to November 2019

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Thirty-eight states and the District of Columbia added construction jobs between November 2018 and November 2019, while construction employment increased in 18 states from October to November, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that a survey it recently released found most contractors expect to keep adding workers in 2020 but they are finding it hard to fill positions and anticipate it will continue to be hard to hire employees. “It is encouraging that so many contractors were able to add employees even with overall unemployment at a 50-year … Read more

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Multi-Use Project Planned in Downtown Austin

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Plans to build a multi-use project in the Central Business District of Austin, Texas, are in the works. The project will have 60 floors inclusive of office, residential and parking. The 770-foot project, which will be the second largest office, multi-use tower planned in the CBD. The top floor will include a 3,000-square-feet amenity clubhouse. The lower clubhouse levels will include a pool deck, indoor/outdoor fitness, gathering and meeting spaces, listening room, media room, pet park and locker-room facilities. Levels 20-60 will be home to approximately 363 units of residential comprising of 75% studio and one-bedroom apartments and the remaining 25% … Read more

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University of Oklahoma Medical Center Tops Out

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The University of Oklahoma Medical Center – Adult Bed Tower Expansion project, located in Oklahoma City, Oklahoma, recently topped out. This facility represents the highest quality patient care, and is creating new economic drive statewide in Oklahoma City’s central hub of innovation, research, education and employment. Scheduled for completion in 2020, the patient tower will span 450,000 square feet across nine floors—eight of those above ground— with room to grow. General contractor is Turner Construction Company. Project architect is Perkins and Will.

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Subcontractors Association of Alabama Names Superintendent of the Year

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The Subcontractors Association of Alabama recently awarded Brendan Kenny Superintendent of the Year at its 2019 Industry Awards Banquet. All award recipients are nominated and selected by their peers. Kenny began his career with Robins & Morton in 2006 after graduating from East Tennessee State University with his bachelor’s degree in Construction Engineering. His first project as a field engineer was Levine Children’s Hospital in Charlotte, North Carolina. In 2007, Kenny moved to Huntsville, Alabama, where he would go on to become a key leader in many projects including major healthcare facility renovations, new medical office buildings, complex additions to … Read more

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