The Dodge Momentum Index ended a six-month streak of gains in April, falling 5.1% to 133.8 from a downward-revised revised March reading of 140.9, according to Dodge Data & Analytics.
The institutional sector, the driver of previous gains in the index, dropped 12%, while the commercial segment remained almost flat at 0.1%.
Even with this reported setback in momentum, since early 2016, the index has gained more than 20% through the end of March 2017 — Continue reading “Dodge Momentum Index Falls 5% After 6 Straight Months of Gaining”
Since 2012, JBKnowledge has partnered with leaders in the construction industry including the Mechanical Contractors Association of America (MCAA), the Construction Financial Management Association (CFMA), and Texas A&M University’s Department of Construction Science to compose the annual Construction Technology Report. The 2016 report analyzed the responses of over 2,000 builders to gain insight as to how construction professionals budget for, and implement, technology on and off the job site. Continue reading “Construction Technology Report Available”
In the 1930s, the odds were not in a worker’s favor:
On average, one man was killed per million dollars spent on a big project. Joseph Strauss, the designer of the Golden GateBridge wanted to beat those odds, and spent a ton of money on safety. Goofing off was Continue reading “1930: One Man Killed On The Jobsite Per (approx) Every $1 Million Spent”
The E-Verify program is currently a mostly voluntary online system regulated by the federal government which helps organizations determine the employment eligibility of workers in the United States. Although not mandatory nationally, it is required for most federal contractors and for all Continue reading “E-Verify Could Soon Be Mandatory “
Businesses added 298,000 jobs in February, continuing a second month of solid job growth, according to the ADP National Employment Report. The growth was driven by intensive hiring in construction and manufacturing.
The US Bureau of Labor Statistics reported Continue reading “Economic Update: Strong Job Growth Driven By Construction Industry “