Few ARRA Funds Reaching Nonresidential Contractors Yet RALEIGH, N.C. — August 25 — The NRCI index for the third quarter is 44.8 and essentially unchanged from the second quarter reading of 45.0. This result leads us to think we are seeing the bottom of this long recession for nonresidential contractors. However, there isn"t much this quarter indicating recessionary conditions, for nonresidential contractors at least, are going to end soon. Most panelists see the short-term outlook as slightly less bad than last quarter, and we will take that as a good sign, even if a small one. A more important and … Read more
Rate of Decline in Construction Costs is Slowing
Turner Building Cost Index Projects a 2.03% Decline in The Third Quarter New York, N.Y. — August 25 —Turner Construction Company announced that the Third Quarter 2009 Turner Building Cost Index, which measures non-residential building construction costs in the United States, has decreased by 2.03% from the Second Quarter 2009. While construction costs have decreased by 10.77% since the beginning of the year, indicators show that that the decline is slowing in the Third Quarter. The Turner Building Cost Index number for Third Quarter 2009 is 820. Karl F. Almstead, the Turner vice president responsible for the Turner Building Cost … Read more
Teaching Old Dogs
By Dave Dickinson The following article appeared in the Summer/Fall 2009 issue of Construction Superintendent: I should have known it was going to be a bad "techno" day when work started with my printer failing to print. I had been limping by on a nearly empty toner cartridge, removing the cartridge periodically to shake it before reinserting, using the last grains of black stuff to make just one more copy. A new toner sat nearby in its cardboard box, ready to be popped in. So there I was, in a decades old job trailer, running multimillion dollar projects with a … Read more
USGBC Tackles Building Performance Head On
New initiative for comprehensive data collection and analysis methodology development will be shared with LEED building owners and project teams to help close performance prediction gaps WASHINGTON, DC — Aug 25 — The U.S. Green Building Council today stepped up its commitment to improved building performance with the launch of the Building Performance Initiative, designed to put in place a comprehensive data collection effort from all buildings that have achieved LEED certification; implement an appropriate analysis methodology of that data; and provide feedback to building owners so they have better information with which to address any performance gaps that stem … Read more
Trimble Introduces the New Excavator Depth Display System Designed for Compact Equipment
Spectra Precision Laser DDS300 Delivers Dynamic Real-time Bucket Positioning and Simple Installation in an Affordable Package SUNNYVALE, Calif., — Aug. 24 —Trimble (NASDAQ: TRMB) today announced the Spectra Precision Laser DDS300 Depth Display System. Designed for compact equipment including backhoes, mini-excavators and smaller excavators, the new DDS300 system provides dynamic depth display to improve the accuracy and productivity of trenching, excavating and grading operations. With wireless connectivity between components, simple installation and movement between machines, and an affordable price, the new DDS300 is ideal for compact equipment on large commercial, industrial and residential jobsites. The announcement was made today at … Read more