FMI Releases 2013 Construction Outlook

FMI, the Raleigh, N.C.-based provider of management consulting and investment banking to the engineering and construction industry, has forecast an 8% increase in construction activity for 2013. Robust growth in residential construction, as well as a few strong markets in nonresidential and non-building construction, will contribute to the expansion, the report said. “The focus for 2013 will be on the movement of private money back into the markets,” FMI said. Total construction put in place for 2013 is forecast to be $892 billion, a solid improvement over the last few years, but still just edging out 2003 levels of construction … Read more

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Crane Operator Named National Champion

Crane Institute Certification and MCM Events have named Jesse Pettit the National Champion of the Crane Operator Rodeo competition held in October in Davenport, Fla. Pettit, an operator for Maxim Crane, Phoenix, Ariz., first got his experience as a crane operator in the U.S. Army and has been operating cranes commercially for about 10 years. Pettit took home $1,000 cash and other prizes sponsored by Manitowoc Cranes. CIC was the event partner for the Crane Operator Rodeo, which included five Regional Qualifiers that culminated in the National Championship last month, where 10 finalists competed using a 66-ton LTR 1060 telescopic … Read more

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OSHA Seeks Nominations for Construction Safety and Health Advisory Committee

WASHINGTON, D.C. — The Occupational Safety and Health Administration announced that nominations are being accepted for eight new members to serve on the 15-member Advisory Committee on Construction Safety and Health. ACCSH, established under the Contract Work Hours and Safety Standards Act and the Occupational Safety and Health Act of 1970, advises the Secretary of Labor and Assistant Secretary of Labor for Occupational Safety and Health on construction standards and policy matters. Nominations will be accepted from those interested in representing employee, employer, public and state safety and health agency representative groups. Members serve two-year terms except the representative designated … Read more

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Market Barometer Reveals New Findings on Green Building, Certification

NEW YORK, N.Y. — Turner Construction Company announced the results of a new Market Barometer survey that focused on environmentally sustainable, or “green” building, and on sustainable practices in general. Key findings revealed that companies remain committed to constructing green buildings. While executives remained committed to incorporating sustainable building practices into their building programs, fewer said their companies were likely to seek LEED certification from the U.S. Green Building Council when constructing a green building. Brightening Outlook for Construction Projects Among real estate owners, developers and corporate owner-occupants, 64% said they expect to undertake new construction projects over the next … Read more

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AGC Reports on October Construction, Unemployment Numbers

Construction employers added 17,000 jobs in October while the industry’s unemployment rate fell to 11.4 percent, according to an analysis of new federal data released by the Associated General Contractors of America. Association officials noted that total construction employment levels have changed little during the past year while the declines in the industry's unemployment rate are coming as more former workers leave the industry. “Despite five consecutive months of construction employment gains, the overall employment picture is essentially unchanged from a year ago,” said Ken Simonson, the association’s chief economist. “Construction employment appears stuck in a state of mild monthly … Read more

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