2014 Construction Put In Place to End Strong According to FMI

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RALEIGH, N.C. — Total construction put in place for 2014 will be $62 billion greater than last year—a 7 percent increase according to the latest report from FMI. CPIP should finish this year around $972 billion and is expected to top $1.04 trillion in 2015. Commercial and manufacturing construction are two of the largest growth sectors, accounting for more than $111 billion in new construction. Randy Giggard, managing director of research services for FMI says, “With new and apparently sustainable sources of natural gas and shale oil, America is on the verge of a veritable manufacturing renaissance, building petrochemical plants … Read more

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Bureau of Land Management to Get a New Office in Twin Falls

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The U.S. Bureau of Land Management will be moving into new offices this year in Twin Falls, Idaho. BLM will consolidate several locations in town to property adjacent to the bureau's current warehouse. The new facilities will include a 16,000-square-foot, single-story office, a 70,000-square-foot outdoor yard and renovations to the existing 3,000-square-foot warehouse. A move-in date slated is for August 2015, said Stephanie Kenitzer, spokeswoman for the U.S. General Services Administration, which holds the lease on the property. The Neenan Company of Fort Collins, Colorado designed and will build the BLM facilities. BLM has a 20-year-lease With Twin Falls, LLC, … Read more

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Change Your Space, Change Your Culture Explores the Workplace of the Future

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DALLAS, Texas — Can space serve as a tool to produce a culture of innovation in the workplace? Finding answers to questions like this inspired the new book Change Your Space, Change Your Culture that explores the workplace of the future and how workspace design can produce a culture of innovation. Available now, the book's authors lay out strategies for businesses to transform their organizations by creating spaces that help stimulate ideas, energize people and transform culture. Change Your Space, Change Your Culture is a guide to transforming business by rethinking the workplace. Written by a team of industry thought … Read more

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Nonresidential Construction Spending Dips in November

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Nonresidential construction spending fell 1 percent on a monthly basis in November, but has still managed to expand 4 percent on a year-over-year basis according to the recent release from the U.S. Census Bureau. Spending for the month totaled $617 billion on a seasonally adjusted, annualized basis. Moreover, the government revised the October spending figure up from $611.8 billion to $622.9 billion. “November’s drop in nonresidential construction spending ends four consecutive months of spending growth, but represents only a minor dip in the industry’s momentum,” said Associated Builders and Contractors Chief Economist Anirban Basu. “November’s figure would have represented a … Read more

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Construction Spending Declines in November, Reports AGC

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Construction spending edged down in November but outlays for the year remained on track for a modest increase over 2013 totals, according to a recent analysis by the Associated General Contractors of America. Association officials said the new spending figures come as the group’s members prepare a new push for action on a series of federal infrastructure programs, including funding for highway and transit upgrades and to maintain clean water systems across the country. “Today’s figures continue the seesaw pattern that has characterized residential, private nonresidential and public construction throughout 2014,” said Ken Simonson, the association’s chief economist. “Overall construction … Read more

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