The AEC Lens Archive for December, 2017Construction’s Interaction With High-Tech is Much More Than the ObviousTuesday, December 19th, 2017Article source: ConstructConnect Construction’s interaction with high-tech is much more than the obvious.
Yes, there are the products (e.g., smart phones) and the processes (e.g., BIM) that factor in, but there is also a wide range of economic issues to consider as well. Total Employment Increase in U.S. and Canada in November +300,000Friday, December 15th, 2017Article source: ConstructConnect November’s Employment Situation report from the Bureau of Labor Statistics (BLS) records a net gain in U.S. total jobs during the month of +228,000.
The latest Labour Force Survey from Statistics Canada highlights hiring north of the border in November rising by +80,000 jobs. U.S. Put-in-Place Construction Spending Forecasts – Heading Into Winter 2017Wednesday, December 13th, 2017Article source: ConstructConnect ConstructConnect is known for its ‘starts’ statistics and forecasts. Twice per year, however, − in early summer and late fall − ConstructConnect also calculates and publishes ‘put-in-place’ construction spending projections.
It helps that the ‘starts’ numbers are leading indicators for the PIP figures. The history of PIP capital spending is compiled and published by the Census Bureau. A thorough explanation of the differences between ‘starts’ and ‘put-in-place’ is provided at the end of this article. ConstructConnect is now estimating that ‘grand total’ U.S. put-in-place construction spending in 2017, expressed in ‘current’-dollar terms (i.e., not adjusted for inflation), will be $1.233 trillion. |
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