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Reducing Construction Risk from Cost and Supply Chain Issues (Globest) With the U.S. economy ramping up, the demand for materials such as steel and lumber has quickly outpaced its supply resulting in an extraordinary supply chain event. Help mitigate the risk of delays and cost increases both before and after construction commencement with these tips.
Climate Pledge Arena courts sustainable vendors, concerts with new layout as opening day nears (Bizjournals) Read the original article here. When the much-anticipated Climate Pledge Arena opens its doors this fall, it’ll be the spaces fans don’t see that draw in the headliner events. Construction is nearing completion on the $1 billion development at Seattle
The Pandemic Moves Subs and Vendors Closer to Technology (bdcnetwork) Consigli’s latest market outlook identifies building products that are high risk for future price increases. Read the original article here. A recent survey of more than 200 subcontractors and suppliers in the Northeast found that respondents have been prefabricating 20% more than they did prior
How Aerial Imaging Improves Solar Energy Deployment (solarbuildermag) Read the original article here. Three years ago, I was on site during construction of a solar energy system when a subcontractor found that he couldn’t move his equipment because electrical trenching had blocked the main egress into the rest of the site. This was a huge
The Global Construction Scaffolding Rental Market is expected to grow by $ 2.61 bn during 2021-2025, progressing at a CAGR of almost 6% during the forecast period (yahoo finance) Read the original article here. Global Construction Scaffolding Rental Market 2021-2025 The analyst has been monitoring the construction scaffolding rental market and it is poised to
Solving The Construction Labor Shortage Through Ingenuity (Forbes) Read the original article here. Mark Schwartz is the Chief Digital Officer at Trimble, responsible for transforming the company’s systems, processes and infrastructure. It goes without saying that we’re in the midst of a labor shortage. Data from the U.S. Bureau of Labor Statistics show that the number of unfilled
Construction spending in the city continues its downward trend (crainsnewyork) Read the original article here. Construction spending in New York City is being taken for a roller-coaster ride, with spending projected to increase this year by 26% from 2020, then dip by $4 billion by 2023, according to an analysis by the New York Building
Five Companies Modernizing the Construction Industry v3 By Melody Eve Ramos The construction industry had long endured a reputation as a slow adopter of technology but in the past decade, there has been a flurry of innovation to improve contractors’ operating efficiencies and generate more profit. Today, contractors are racing to integrate and innovate their
2021: Building Momentum In The Construction Industry Post-COVID-19 (Forbes) Read original article here. As we look to the post-COVID economy, positive signs are emerging in many key economic indicators — declining unemployment, increased spending, and rising consumer sentiment. As a builder turned banker, construction numbers are a factor that I monitor closely in terms of one
Global Prefabricated Buildings Market to Reach $153.7 Billion by 2026 (Globenewswire) Read original article here. Abstract: Global Prefabricated Buildings Market to Reach $153. 7 Billion by 2026. Prefabricated homes, also known as prefab homes are those that have been constructed with the help of prefabricated building materials. Reportlinker.com announces the release of the report “Global
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