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abinovsec2014

November ABI Marks Seven Straight Months Of Increased Design Activity

The AIA Architecture Billings Index was released today and despite the score dropping from 53.7 to 50.9 in November, the score indicates a small increase in design activity for the month because any score over 50 indicates an increase in billings over the previous month. This makes seven consecutive months of increases in architecture billings […]

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Construction Industry Employment Increases By 20,000 In November

The construction industry picked up an additional 20,000 jobs in November 2014. The unemployment rate rose slightly to 7.5% which could be indicative of more folks seeking employment in the construction industry. According to the Bureau of Labor Statistics, the average hourly earnings for all employees in construction rose to $26.93.

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US Construction Spending Back On The Rise In October

Construction spending has been seesawing up and down over the past five months and is moving back up in the right direction in October with the seasonally adjusted annual rate reaching $971.0 billion. This is the second highest figure reported all year for total construction spending. In May the annual rate of construction spending was at […]

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After Years of Decline, Heavy Equipment Theft Increased In 2013

Late last month the National Insurance Crime Bureau (NICB) and the National Equipment Register (NER) released their 2013 Theft Report. For the first time in years, the number of reported heavy equipment thefts increased. The 11,486 heavy equipment thefts reported in 2013 is a 5 percent increase over the 10,925 thefts reported in 2012. This […]

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Architecture Billings Index Drops Slightly In October

The American Institute of Architects (AIA) reported the Architecture Billings Index (ABI) score for October was 53.7, down slightly from the score of 55.2 for September. This is the sixth straight month of the ABI indicating an increase in billings and design activity. The ABI reflects the approximate nine to twelve month lead time between […]

RFID

5 Ways The Construction Industry Is Using RFID Technology

Radio-frequency identification (RFID) technology is increasingly being used on construction projects to increase efficiencies, manage assets and reduce theft. RFID technology is used in a number of applications that you’re probably already familiar with like the E-ZPass transponder in your vehicle or the microchip in Fido that helps you locate him when the dogcatcher picks […]

octempbls2014

US Construction Industry Adds Another 12,000 Jobs In October

According to the Bureau of Labor Statistics (BLS), the construction industry added 12,000 jobs in October. Employment in the construction industry has increased every month in 2014. The unemployment rate fell to 6.4 percent in October, marking the tenth consecutive month that it has decreased. September’s job gains in the construction industry have been updated […]

cpipseppubvpri2014

US Construction Spending Drops Again In September

For the second consecutive month, the US annual rate of construction spending has dropped. Construction spending fell in September to a seasonally adjusted annual rate of $950.9 billion. This is 0.4 percent lower than the revised August amount of $955.2 billion.   According to the US Census Bureau, total construction spending from January through September was $710.1 billion which is 6.1 percent higher […]

Top 10 OSHA Standards Cited For The Construction Industry

We’ve compiled our Top 10 Most Frequently Cited OSHA Standards for the Construction Industry for the 2014 fiscal year. OSHA publishes their own list each year, but it covers all standard violations cited for all industries. Our list is based on all standards cited by Federal OSHA using the North American Industry Classification System (NAICS) for the […]

abisectorsep2014

Architecture Billings Index Continues To Show Growth In September

The American Institute of Architects (AIA) reported the Architecture Billings Index (ABI) score was 55.2 for September. This is a couple of points higher than August’s score of 53. This is the fifth straight month of the ABI indicating an increase in billings. Because the ABI reflects the approximate nine to twelve month lead time between architecture […]

sep2014constemp

Construction Industry Adds 16,000 Jobs In September, Unemployment Lowest In Over 6 Years

The construction industry added 16,000 jobs in September. September was the ninth consecutive month that employment in the construction industry increased. According to the Bureau of Labor Statistics (BLS), the unemployment rate for the construction industry was at 7 percent in September. This is the lowest unemployment rate since November 2007 when it was at […]

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US Construction Spending Dips Slightly In August 2014

After seeing its largest one-month gain in over two years, US construction spending dropped 0.8 percent in August. Construction spending fell in August to a seasonally adjusted annual rate of $961.0 billion. The estimate for July has been revised to $968.8 billion, down from the initial estimate last month of $981.3 billion. According to the US Census Bureau, total […]

ABISector

Architecture Billings Remained Strong in August

The American Institute of Architects (AIA) reported August’s Architecture Billings Index (ABI) score was 53.0, down slightly from July’s score of 55.8. July’s score was the highest it’s been since 2007. This is good news for construction companies because the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. For […]

Bridge In A Backpack Technology Aims To Revolutionize Bridge Construction

According to the Federal Highway Administration’s (FHWA) National Bridge Inventory, 147,870 of the 607,751 bridges in the country are deficient. This includes 63,522 structurally deficient and 84,348 functionally obsolete bridges. Structurally deficient bridges are bridges with critical load-carrying elements that are in poor condition due to damage or deterioration. Functionally obsolete bridges are bridges that […]

usconstempaug2014

Construction Employment Hits 5-Year High, Industry Adds 20,000 Jobs In August

Employment in the construction industry continued to grow with 20,000 jobs added in August. According to the Bureau of Labor Statistics (BLS), the unemployment rate for the construction industry was at 7.7 percent in August.  The unemployment rate is slightly higher than the 7.5 percent reported in July, but is the lowest rate for the […]

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The Drones Are Coming! The Drones Are Coming! (To The Construction Site)

In the very near future, drones, or unmanned aerial vehicles (UAVs), will be flying over your construction site if they aren’t already…and that’s a good thing. Drones are expected to have a positive impact on the construction industry in a number of ways such as improving jobsite safety, providing detailed 3-D models of construction sites […]