ABC Predicts Moderate Construction Recovery To Continue in 2013

WASHINGTON, D.C. — Associated Builders and Contractors released its 2013 economic forecast for the U.S. commercial and industrial construction industry, and it shows the continuation of a modest recovery for nonresidential construction next year. “ABC predicts nonresidential construction spending will expand 5.2 percent in 2013,” said ABC Chief Economist Anirban Basu. “Given the remarkably deep reductions in nonresidential construction spending since the onset of the downturn, one would expect more robust growth during the fourth year of broader economic recovery. “Thanks to a handful of segments experiencing more rapid economic recovery, much of the construction expansion next year will be … Read more

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Construction Spending Rises for Seventh Straight Month Reports AGC

All major segments of construction spending increased in October, bringing total spending to a 37-month high at an annualized rate of $872 billion, according to an analysis of new federal data released by the Associated General Contractors of America. Association officials warned, however, that the fiscal cliff imperils future improvement in both public and private spending. Widespread gains in spending in October, along with hefty upward revisions to estimates for the previous two months, show that construction has finally come out of its long slump, said Ken Simonson, the association’s chief economist. Although all major spending categories are far below … Read more

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DBIA Announces 2013 Committees and Thought Leaders

The Design-Build Institute of America, the only organization that defines, teaches and promotes best practices in design-build project delivery, has revamped its committee structure and reached out to renowned industry experts to dramatically strengthen the reach, products and services of DBIA. Barbara Wagner, senior vice president, Clark Construction Group and chair of DBIA"s 2013 National Board of Directors said, “This is a very exciting time to take the helm. Our goals are aggressive, but our Thought Leaders represent some of the best minds in the industry. I"m confident they will move DBIA and the A/E/C community in the right direction.” … Read more

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Brasfield & Gorrie Completes New Facility at Walter Reed National Military Medical Center

Bethesda, Md.— Brasfield & Gorrie, in a joint venture with Walbridge, announced the completion of the new Main Exchange Complex at Walter Reed National Military Medical Center in Bethesda, Maryland. This design-build project began in July 2011 and was completed in October 2012. Grand opening ceremonies were held by the commanding officer of Naval Support Activities Bethesda on Saturday, November 10, and the facility is now serving the campus. The complex is the largest Navy Exchange in metropolitan Washington, D.C., and was designed to serve the retail and personal needs of active duty, wounded warriors, reserve and retired military personnel. … Read more

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AEM Announces Winners of Annual Pillar of the Industry Awards

The Association of Equipment Manufacturers and the I Make America campaign announce the 2012 recipients of the annual Pillar of the Industry awards, given to companies achieving or maintaining Gold status in the campaign. The awards recognize the companies" tremendous dedication and outstanding contributions to the people and communities of the equipment manufacturing industry through extensive I Make America campaign activities in support of pro-manufacturing policies to improve the economy. AEM and I Make America initiated the awards in 2011 to honor the work of these true industry champions. For 2012 a total of 19 companies received Pillar of the … Read more

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