Labor costs have always been a big chunk of a construction company’s budget. There are direct costs, like paying your workers their hourly wage, and indirect costs like insurance and workers’ compensation. And since projects can’t be completed without labor, it’s a necessary expense but one that’s steadily rising.
The national construction industry added 16,000 jobs on net in August, according to data released Friday by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 311,000 jobs, an increase of 4.2%.
National nonresidential construction spending increased .8% in July 2022. On a seasonally adjusted annualized basis, nonresidential spending totaled $847.6 billion for the month.
When you see the phrase “tech adoption,” what comes to mind? For some, it may spark a sense of excitement, improvement, exploration and growth. For others it can conjure up fear of the unknown or of change in general. The fact that it’s grown to become such an imperative in the construction industry may further compound things.
The national construction industry added 32,000 jobs on net in July, according to data released today by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 311,000 jobs, an increase of 4.2%.
National nonresidential construction spending down .5% in June 2022. On a seasonally adjusted annualized basis, nonresidential spending totaled $829.4 billion for the month.
More companies are implementing new forms of construction technology to make their jobsites safer, run more efficiently and reduce costs. But, along with the positive effects of this new technology, there arises the possibility for cybersecurity issues.
Caring for our customers, each other, and our communities is a core value for CDP. Each year, we allocate funding for charitable donations and 25% of the total is directed to organizations selected by our team members.
"Jim is doing amazing work. He is highly responsive and quick to turn around a quality product. He has saved us countless hours already in the things he has automated."
T. E - Construction Management Firm
"I just wanted to commend Robert’s continued support since our go-live. Whether it be implementation or ad hoc questions, he has gone above and beyond."
Daniel C. - FMT Shipyard and Repair
"The best part was watching folks react to the info Greg shared. We had great feedback, big smiles all around, and folks excited about newfound streamlined ways to make their work easier. We know Greg's schedule is in demand, and appreciate the time he shared with us."
S.D. (Industrial Construction)
"We appreciate Tim and all of his excellent support."
M.J. (Manufacturing Firm)
"Thank you for your assistance/responsiveness to assist us in getting P6 back online so quickly today. We appreciate all the support you provide."
M.J. (Manufacturing Firm)
"Beth is absolutely wonderful to work with! I appreciate her patience and professionalism. It’s a relief to know I can count on her to respond and be a life line for us as we continue to learn the system. She is truly top notch."
Eastbound Mechanical
"Greg is terrific, and I’m so excited to have a better resource! I have him working on several projects now with many more to come."
Progressive Plumbing
"I want to let you know how grateful we are for Robert Pacheco’s assistance. He was able to meet with me and discuss the issue promptly and complete the fix within a short amount of time. He is surely an asset, and we are thankful to have such a great resource."
Marques General Engineering, Inc.
"I wanted to let you know Dan did a great job. He has a vast amount of knowledge, and I feel very fortunate to be working with him."
H.F. (Mechanical Contractor)
"Michael and Matthew have exceeded my needs and expectations. I get help same day 95% of the time, which is very important in my business at times. They are professional and courteous 100% of the time. Zero complaints."
Mitchell Brothers
"It’s a pleasure working with Robert. He's very patient, knowledgeable and goes far beyond to help with any issues we have as a company or as an individual."
HL Contractors
"Kristen is a very valuable resource for us!"
LCI-Lineberger Construction Inc.
"Jim is doing great. He has already saved Kelli an average of 9 hours per month. I know he working on, and getting really close, to saving Trey at least 20 hours per month."
R.F. - Construction Management Firm
"He did a great job online and an equally great job in person. We’re enjoying working with our new Spectrum Viewpoint accounting software."
Chambliss & Rabil Contractors, Inc.
"The level of service CDP provides is exceptional and always far exceeded my expectations. You can quote me on that!"
