Construction industry growth predicted in JLL 2020 report amid cost upticks, coronavirus uncertainty

Contributing to the overall economic environment of the industry are the usual suspects of rising material costs and trade policies as well as a new health crisis that could impact those factors even more.

By Kim Slowey • March 6, 2020

5 construction innovations bridging the labor shortage gap

Technological innovations provide the solution needed to combat the labor shortage.

Feb. 28, 2020

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Labor

A roundup of articles about issues affecting the workforce.

By Construction Dive staff

Coronavirus impacts could have ripple effect on US construction industry

When it comes to unexpected developments on factors like materials prices, American builders are not immune to the effects of the global epidemic.

By Jennifer Goodman • Feb. 19, 2020

Addressing the construction labor shortage with technology and scale

Introducing Workyard, a viable solution to the construction hiring crunch.

By Nic De Bonis, Co-founder and CEO of Workyard • Feb. 19, 2020

RLB: Construction costs rise 1.2% in Q4; up 5.2% YOY

Although it's no surprise that San Francisco leads the way in costs, the city also had the largest increase in year-over-year costs, at almost 7.8%

By Kim Slowey • Feb. 13, 2020

Alaska construction spending to near $7B in 2020

The state has a lot of construction going on year after year, with 41,300 jobs related to construction in 2018 averaging wages of almost $80,000 a year.

By Kim Slowey • Feb. 6, 2020

Should contractors risk moving into niche building sectors?

Construction firms should understand the challenges of a new line of work, including the possibility of slower payment schedules, diversity hiring goals and technology expertise, experts say.

By Kim Slowey • Feb. 4, 2020

AGC Convention & CONEXPO 2020: "How Smart Technology Can Save You Over 100% on Your Parts Costs Each Year."

Today’s savvy contractors are well aware of the critical role parts purchasing and management play in fleet up time. The economics are very complex.  Operating cost associated with parts is very high, but many fall short in creating efficiencies because of the pressures of keeping thei...

Feb. 3, 2020

NY Gov. Cuomo introduces $275B infrastructure plan

The $175 billion, five-year infrastructure proposal has been added to the governor's previous $100 billion initiative, making it the largest state plan in U.S. history.

By Kim Slowey • Jan. 23, 2020

Construction Dive's 'mini megacities' to watch: Columbus, Ohio

Thanks to corporate, tech and public developments, the capital of the Buckeye State is enjoying the largest construction boom in its history.

By Jennifer Goodman • Jan. 22, 2020

Report: Real estate leasing will continue to expand in 2020

The Commercial Real Estate Market Sentiment Survey found that medical space will outpace office and industrial leasing, but there are market red flags that could impact contractors building in these sectors. 

By Zachary Phillips • Jan. 22, 2020

Construction Dive's 'mini megacities' to watch: Nashville, Tennessee

Music City's construction market is buoyed by open competition for labor and one of the country's best economies.

By Jennifer Goodman • Jan. 21, 2020

Construction Dive's 'mini megacities' to watch: Cedar Rapids, Iowa

From medical marijuana manufacturing to infrastructure upgrades, a range of diverse projects is fueling a massive uptick in construction activity.

By Jennifer Goodman • Jan. 17, 2020

Construction Dive's 'mini megacities' to watch: Rochester, Minnesota

The small town's construction boom is being fueled by the growth of a world-renowned healthcare system.

By Jennifer Goodman • Jan. 16, 2020

Study: Construction apprenticeships lead to higher average pay than college degrees in Illinois

By midcareer, those who completed a union construction apprenticeship were making an average hourly wage of $40.40, while those with bachelor's were making $35.28.

By Kim Slowey • Jan. 16, 2020

Construction Dive's 'mini megacities' to watch: Omaha, Nebraska

Omaha’s inexpensive land and centralized location have helped fuel an explosion in construction-related employment.

By Jennifer Goodman • Jan. 15, 2020

The public construction firms to watch in 2020

Risk reduction, deleveraging and even bankruptcy are on the table for some of the industry's top publicly traded companies this year.

By Jennifer Goodman • Jan. 10, 2020

Deloitte: Construction cost pressures to continue in 2020

There are steps contractors can take to help mitigate these rising costs, according to a new report from the accounting services firm.

By Jennifer Goodman • Jan. 8, 2020

Top trends: 5 ways construction will evolve in 2020

Though the nation's second-largest industry seems like it doesn't change much, there are myriad, nuanced forces shaping the way contractors do business and buildings get built, and more so now than ever before.

By Joe Beeton • Jan. 7, 2020

Presidential election, mixed economic outlook to affect builders in 2020

Economists see many positive signs for construction this year, but warn that a contentious presidential race could cause potential clients to adopt a wait-and-see attitude.

By Jennifer Goodman • Jan. 2, 2020

Construction leaders increasingly vigilant as economy hints at downturn

Construction's 2019 economic outlook saw some ups and downs and Construction Dive reporters covered the ins and outs all year long.

Dec. 20, 2019

Katerra closing Phoenix modular building facility, laying off 200 workers

The California-based designer and builder of prefabricated components and mass timber modular units said it's on a growth path toward profitability next year despite having to close the 250,000-square-foot facility this month.

By Joe Beeton • Dec. 10, 2019

Deere says new layoffs due to projected dips in construction

The John Deere manufacturer is laying off 57 workers in Iowa, following Q4 news that it expects sales of its construction equipment to fall as much as 15% next fiscal year.

By Jennifer Goodman • Dec. 10, 2019

2020 could see construction growth throttled by costs, labor and bearish owners

Although market forces are causing architects to be hit with delays and even cancellations, two of the industry's top economists say growth will slow some but remain mostly steady over the next year.

By Jennifer Goodman • Dec. 2, 2019

Construction industry salaries and wages, ranked

A new analysis of federal labor statistics breaks down construction's top earners, both in the field and in the office, as industry pay hits a decade high.

By Zachary Phillips , Jennifer Goodman • Nov. 18, 2019