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Construction unemployment returns to 2009 low
Wages were also up at the end of the month, to $30.81 an hour from $30.15 an hour last September.
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Dodge: Owners, contractors have different ideas of what makes multi-site work successful
When owners orchestrate work at many locations at once under a single construction program, communication is vital, but a new study points out several areas in which contractors and owners need better alignment.
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Crane watch: High-profile projects underway in the 10 busiest US markets
Certain areas of the country are enjoying an added boost from the current construction boom. Here are some of the top projects in the most active states.
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Amazon HQ2 developer to revamp adjacent 2.6M square feet
JBG Smith's latest plans in Virginia will mean more construction, mostly redevelopment, alongside the work being done for the tech giant.
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New OSHA weighting system could lead to more inspections
The process, rolled out this week, could put increased emphasis on the Fatal Four, a former Department of Labor official said.
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BIM collaboration tool reduces RFIs, other issues for DPR
The BIM Track pilot, encompassing more than 200 projects, is making information more accessible for stakeholders, the contractor says.
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Report reveals the most in-demand multifamily amenities
From yoga studios and screening rooms to tankless water heaters and Peloton bikes, these are the top 113 features that buyers and renters seek.
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How technology can help contractors prevent lawsuits
When all project players have access to the same tools — such as scheduling software, 3D modeling and data collection — experts agree disputes are more easily avoided.
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Market watch: Track construction's economic health
A watch list of the reports, indexes, surveys and stocks that can help contractors follow what's to come for the industry and their businesses.
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Market watch: Indicators crucial to planning for a construction downturn
Construction leaders and industry experts look to a range of signs when trying to accurately forecast the future for their businesses.
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US tops global hotel construction pipeline
In a record-high market, Marriott leads development with more than 2,500 hotel projects worldwide.
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Market watch: Labor shortage, backlogs may mask construction slowdown
Even though business has never been better for many contractors, economists warn of signs that the construction industry may be in for a downturn.
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As federal overtime rule drops, experts recommend audits, training
The new rule, which will impact industries including construction, may face legal challenges, but experts say companies shouldn't delay compliance efforts.
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Skanska USA unveils carbon calculator
Currently in testing, the EC3 tool has helped the firm achieve embodied carbon reductions of up to 30% with little to no cost impact.
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Tutor Perini lands $31M in change orders for San Francisco subway project
The city's Municipal Transportation Agency has already paid Tutor Perini for the change orders, minus the agreed-upon retainage.
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Cold storage: a hot construction niche
Demand on several fronts is driving both new construction and renovation of cold storage facilities, which take longer to build than standard warehouses.
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California agency to investigate bullet train board member
This is the second member of the state's High-Speed Rail Authority to come under scrutiny for a conflict of interest.
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Z modular makes bold moves to convert more hotel designs
The firm is offering, for a limited time, the chance to convert any hotel project floor plan into a modular one for $20,000, a 60% savings from its standard fee.
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Bloomberg: Procore could be headed toward IPO with $4B valuation
The report is based on unnamed sources who said the move could come by year end, by which time the construction management software provider is anticipated to bring in $400 million in 2019 revenue.
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Fluor seeks to sell 2 divisions for $1B
The E&C giant will also close some offices in hopes it can cut costs by $100 million per year following two consecutive quarterly losses that put the company more than $613 million in the red.
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Deep DiveThe Dotted Line: How contractors ensure the project owner can pay
Contractors are used to owners scrutinizing their credit and financial wherewithal, but sometimes turnabout is fair play.
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Mortenson to build two projects at Foxconn complex
The general contractor has already issued a subcontractor Invitation to Bid for one of the facilities at the $10 billion LCD manufacturing site in Wisconsin.
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BREAKING: DOL finalizes $35K overtime threshold
The update takes effect Jan. 1 and is perhaps one of the most anticipated rulemakings from DOL.
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7 construction OEM stocks to watch
How these public companies perform in response to a potential slowdown will likely be the focus of sector analysts for the foreseeable future.
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Clark-Kiewit's DC Silver Line phase 2 remains in flux
Metro officials reportedly have concerns about the quality of the tracks that the joint venture general contractor Capital Rail Constructors has built so far.
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