Mon.Oct 14, 2024

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Construction input prices tick down on lower energy costs

Construction Dive

The decline reflects overall stabilization over the past 12 months, as material expenses remain 1.9% lower than a year ago.

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A Sustainable Home for Displaced People

The Pro Builder

Today, about 120 million people have been forcibly displaced from their homes.

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Construction Inclusion Week turns 4 amid DEI backlash

Construction Dive

The industry’s initiative to combat hate on jobsites kicks off Monday amid rising tensions during a presidential election year.

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AI: The End of Learning

The Pro Builder

If you’ve paid any attention to this column over the last six-plus years, you know I’m a fan of technology and innovation for the housing industry. But artificial intelligence (AI) is different. For all it purports to do and deliver in terms of making aspects of the building business more efficient, I believe AI has at least one basic flaw: the eventual end of human learning.

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Optimize Construction Projects with CMiC’s Industry-Leading ERP

Construction project managers face constant challenges, from delayed schedules to fragmented workflows. CMiC’s ERP transforms how projects are managed, providing a unified system for financials, scheduling, and collaboration. With tools for real-time insights, cost control, and document management, CMiC empowers managers to make confident decisions.

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5 tips for businesses filing hurricane-related insurance claims

Construction Dive

With Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.

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A Bump up in Recent Housing Inventory

The Pro Builder

Data show housing inventory appears to be improving. According to the CalculatedRisk blog, total inventory in September increased by 34% compared with the previous year, and for the week ending Oct. 5, inventory was up by 30.5% year-over-year. However, when looking at housing inventory over a longer period of time, inventory is still 23.2% below levels recorded in 2017 to 2019.

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Home Remodeling Sentiment Dips

The Pro Builder

An increase in construction costs has resulted in a slight decline in sentiment across the home remodeling industry. The National Association of Home Builders’ Q3 Remodeling Market Index (RMI) came in at 63, which was down two points from the previous quarter but still signals positive market conditions at above 50. The RMI is based on two components: the Current Conditions Index, which averaged 72, and the Future Indicators Index, which averaged 55.

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BIM as a deliverable: How Integrated Digital Delivery is shaping a global shift in construction practices

Construction Dive

Building Information Modeling (BIM) is no longer just a tool to facilitate building design; instead, it has become a deliverable in and of itself.

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Home Remodeling Sentiment Declines Slightly

The Pro Builder

With growing construction costs, sentiment across the home remodeling industry is slightly down. The National Association of Home Builders’ Q3 Remodeling Market Index (RMI) came in at 63, which was down two points from the previous quarter but still signaling positive market conditions at above 50. The RMI is based on two components: the Current Conditions Index, which averaged 72, and the Future Indicators Index, which averaged 55.

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California: Streamline your DVBE material supply with PN Supply

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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CertainTeed ONE PRECISION ASSEMBLIES™ (OPA™)

The Pro Builder

CertainTeed ONE PRECISION ASSEMBLIES™ (OPA™) By accelerating build times, CertainTeed ONE PRECISION ASSEMBLIES™ (OPA™) helps you complete more homes in less time, for more projects and more profits per year. OPA™ high-performance floor, wall, and roof panels are built to spec, code compliant, insulated, and weather-tight in a controlled factory environment, and assembled on-site in just days.

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Weather Tech: Innovative solutions that provide predictive analysis to improve risk mitigation

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Housing Inventory Sees Improvement

The Pro Builder

Housing inventory appears to be improving. According to the CalculatedRisk blog, total inventory in September increased by 34% compared with the previous year, and for the week ending Oct. 5, inventory was up by 30.5% year-over-year. However, when looking at housing inventory over a longer period of time, inventory is still 23.2% below levels recorded in 2017 to 2019.

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Labour’s industrial strategy falls flat for construction

The Construction Index

The government’s much-vaunted industrial strategy, published for consultation yesterday, has left the construction industry distinctly underwhelmed.

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Simplify Complex Financial Workflows with CMiC’s Powerful Tools

Designed specifically for construction finance professionals, CMiC’s ERP delivers the tools needed to manage projects with precision. Integrated job costing ensures real-time visibility into expenses, while automated progress billing accelerates cash flow. Revenue recognition compliance tools automate revenue recognition, and powerful analytics provide actionable insights.

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Remodeling Market Sentiment Declines Slightly

The Pro Builder

With growing construction costs, sentiment across the home remodeling industry is slightly down. The National Association of Home Builders’ Q3 Remodeling Market Index (RMI) came in at 63, which was down two points from the previous quarter but still signaling positive market conditions at above 50. The RMI is based on two components: the Current Conditions Index, which averaged 72, and the Future Indicators Index, which averaged 55.

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Big Carl completes third and final ring lift

The Construction Index

The third and final liner ring has been lifted into place by giant crane Big Carl at Hinkley Point C’s second reactor building.

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Considering the Millennial Homebuyer

The Pro Builder

As Millennials have aged into homeownership, the generation has experienced its share of challenges, including elevated home prices, income inequality, high mortgage rates, and more. And when looking at where and how to purchase a home, these challenges are reflected, according to Investopedia. From finding affordable homes to finding homes within a commutable distance to work, Millennials are thinking differently about the homebuying process than previous generations.

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JCB rolls out its largest excavator: the 370X

Equipment World

The new JCB 370X runs on a 322-horsepower Cummins engine, gets an upgraded undercarriage, heavier counterweight and increased hydraulic pressures.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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In These Cities, It Takes 25 Years Worth of Rent Payments to Afford a Home

The Pro Builder

While owning a home has long been considered a part of the American dream, for many families, it has become too expensive. Because both mortgage rates and home prices have grown, renting in many parts of the U.S. is a more affordable option. According to GoBankingRates, in some cities—including Salt Lake City, Seattle, and Los Angeles—it could take more than 25 years of rent payments to match the cost of buying a home.

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UK launches Industrial Strategy to attract private investment in growth-driving sectors

New Civil Engineer

The UK government has launched its modern Industrial Strategy to attract private investment into eight growth driving sectors, which include manufacturing and clean energy industries but nothing else from the wider construction umbrella. The post UK launches Industrial Strategy to attract private investment in growth-driving sectors appeared first on New Civil Engineer.

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The Role of Employee Assistance Programs and Opioids in Construction

For Construction Pros

How the Allied Trades Assistance Program has grown to help construction industry union members and their families through opioid recovery.

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Degree apprenticeship plan hits construction

The Construction Index

Government’s new degree apprenticeship funding plans are a major blow to construction firms, according to vocational learning advocates.

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Boost Growth & Efficiency with a Unified Construction Software Platform

Silos of data and outdated systems can hold your business back. It is time to switch to a modern construction software solution designed for specialty contractors. CMiC provides a platform that simplifies operations, improves visibility, and boosts efficiency. It integrates workflows like job costing, resource planning, forecasting, and compliance control into one system.

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Suppliers wanted on £500M framework for civil engineering works across 13 local authorities

New Civil Engineer

A company owned by 13 local authorities is procuring a £500M framework for civil engineering works across a number of categories. The post Suppliers wanted on £500M framework for civil engineering works across 13 local authorities appeared first on New Civil Engineer.

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How to Face Civil Engineering Interview: 2024 Updated Guide

Construction Placements

How to Face Civil Engineering Interview: 2024 Updated Guide Read to know about How To Face Civil Engineering Interview In 2024. A definitive guide on how to face construction Jobs interview. The post How to Face Civil Engineering Interview: 2024 Updated Guide appeared first on ConstructionPlacements.

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£9.7M awarded to energy innovation projects promoting environmental sustainability

New Civil Engineer

A total of £9.7M in funding has been awarded to projects under the latest round of Ofgem and Innovate UK’s strategic innovation fund (SIF), with National Grid and SSEN leading six of the initiatives. The post £9.7M awarded to energy innovation projects promoting environmental sustainability appeared first on New Civil Engineer.

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Ball Janik LLP Welcomes Attorney Michael Iles to FL Office

CCR Magazine

Ball Janik LLP is pleased to announce that Michael Iles has joined the firm’s Fort Lauderdale office as an associate in the Insurance Recovery Practice Group. Iles brings a wealth of experience in complex civil litigation, focusing on representing individual and business policyholders in insurance coverage disputes in state and federal courts. His practice also encompasses general commercial litigation and civil litigation, with a strong focus on construction litigation.

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.

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Horizontal directional drilling complete on £7.7M Portsmouth electricity upgrade scheme

New Civil Engineer

SSEN’s £7.7M scheme to make underground electricity infrastructure in Portsmouth more resilient has reached a milestone with the conclusion of the horizontal directional drilling (HDD) portion of works. The post Horizontal directional drilling complete on £7.7M Portsmouth electricity upgrade scheme appeared first on New Civil Engineer.

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5 Attachments to Maximize Your Versatility

For Construction Pros

Savvy contractors know they don’t need to own every attachment available for their compact equipment — just the ones that increase versatility and provide a healthy ROI.

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HS2 | 2,695t deck slide completed on Northamptonshire viaduct

New Civil Engineer

Engineers from High Speed 2 (HS2) main works contractor EKFB (Eiffage Kier Ferrovial Bam JV) have hit two viaduct milestones including completion of a 2,695t deck slide. The post HS2 | 2,695t deck slide completed on Northamptonshire viaduct appeared first on New Civil Engineer.

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Should you build new or renovate?

Contruct Connect

Forecast predicts 67% jump in U.S. renovations by 2030 It’s a question asked by many developers: “Should we build new, or should we renovate?” It would appear more project owners are opting for the second option. According to forecasts from ConstructConnect , the United States could see a nearly 70% increase in commercial renovation spending over the next several years.

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Scalable ERP Tailored for Small to Mid-Sized Construction Firms

Built for the construction industry, CMiC’s ERP delivers unified solutions to empower small to mid-sized firms. Consolidate project management, cost tracking, and team collaboration into one seamless platform. With tools that adapt to your business needs, CMiC simplifies communication between the office and field, ensuring greater efficiency and reduced risk.