Modest Increase in Nonresidential Spending in April, says ABC

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According to an Associated Builders and Contractors analysis of U.S. Census Bureau data recently released, national nonresidential construction spending rose .3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, which is a 6.4% increase compared to the same time last year. While public nonresidential spending expanded 4.8% on a monthly basis and increased 15.4% since April 2018, private nonresidential spending fell 2.9% in April and is up just 0.6 % year-over-year. Among the 16 nonresidential construction spending categories, nine experienced an increase in monthly spending, with the largest increases registered in water supply (9.8%), highway and street … Read more

Filed under: Economic NewsTagged with: , ,

April Construction Unemployment Rates down in 49 States Year over Year, Says ABC

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In April, for the second month in a row, estimated not seasonally adjusted construction unemployment rates fell nationally and in 49 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data by Associated Builders and Contractors. Mississippi was the only state with an increase, where construction unemployment rose from 9.2% in April 2018 to 10% in the most recent report. As the April 2019 national NSA construction unemployment rate fell 1.8% from a year ago to 4.7%, the construction industry employed 256,000 more workers nationally compared to April 2018, according to BLS numbers. “The April construction … Read more

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Major Infrastructure Upgrades Contribute to Exceptional Fan Experience for MLB Team

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Building upon its existing relationship with the San Diego Padres, BNBuilders recently completed the Compass Premier Club and VIP Patio Suite renovation at Petco Park, located in San Diego, California. Designed by Carrier Johnson + CULTURE, the $2-million renovations were completed during the off season to be ready for opening day on March 26. BNBuilders also built the San Diego Padres Hall of Fame in 2017, a ballpark feature which has quickly become a favorite for local and visiting fans. The Compass Premier Club renovations demonstrate the Padres’ continued commitment to delivering an exceptional experience to fans of San Diego’s … Read more

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Laurence Fishburne Hosts Upcoming Episode of ‘Information Matrix’ TV Review on Innovation in the Construction Industry

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Laurence Fishburne, host of the Information Matrix, will introduce a new segment that will take on the leading innovations that are growing in the construction industry. Due to the increasing usage of technology in society, the construction industry has taken advantage of this innovation by using a number of techniques that take advantage of these technological advances and stay competitive across the globe. The innovation of the construction industry includes a variety of techniques that include artificial intelligence, virtual realities, software development and other advancements that are generating success and innovation throughout similar industries. This innovation allows contractors to maintain … Read more

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Free Webinar: Construction Scheduling Basics – Moving Beyond Spreadsheets

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Elecosoft, the makers of Powerproject, are presenting a free webinar on Thursday, June 6, covering construction scheduling basics. In this webinar, Elecosoft will show you that a construction schedule need not be that hard to create. They’ll show you how quick, easy and inexpensive it is to create and manage a schedule. They will demonstrate how to ensure your schedule is rock solid and valid and will hold up to the scheduling gurus. Spend a little time in this webinar and learn how you can improve your project management with confidence. Interested but can’t attend the live webinar? Register anyway, … Read more

Filed under: Technology