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Archive for December, 2017

Construction’s Interaction With High-Tech is Much More Than the Obvious

Tuesday, December 19th, 2017

Article source: ConstructConnect

Construction’s interaction with high-tech is much more than the obvious.

2017-12-11-Construction-and-Technology-Graphic

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.
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Total Employment Increase in U.S. and Canada in November +300,000

Friday, December 15th, 2017

Article 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.

U.S. Put-in-Place Construction Spending Forecasts – Heading Into Winter 2017

Wednesday, December 13th, 2017

Article 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.

2017-12-04-US-Economy-Put-in-Place-Graphic

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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AIA 2018
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