The capital projects industry remains challenged to deliver projects on time and within budget. But innovative contractors, owners and engineers are overcoming this challenge. They have realized that spreadsheets and in-house tools no longer handle the sophistication and data demands of modern construction businesses. The scale and complexity of today’s projects call for integrated construction project management solutions with mobile functionality.
The national construction industry added 19,000 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 198,000 jobs, an increase of 2.5%.
Construction projects are complex undertakings involving multiple stakeholders, evolving schedules and myriad construction documents. With so many moving parts, collaboration is essential, making requests for information (RFIs) a critical part of the process.
National nonresidential construction spending increased 0.1% in June. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion for the month.
It’s no secret that having a consolidated picture of project status in the capital construction industry remains challenging. Complex projects are becoming even more complex — physically, commercially and environmentally — leaving traditional, disparate construction processes and systems struggling to keep up with an ever-growing demand for greater project certainty.
The national construction industry added 23,000 jobs on net in June, according to data released today by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 198,000 jobs, an increase of 2.6%.
National nonresidential construction spending decreased 0.2% in May 2023. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion for the month.
The construction industry has seen a significant increase in the adoption of new technologies, and there’s one powerful, but often-overlooked secret ingredient to unlocking a construction project's full potential and maximizing return on investment: the training that happens after new technology adoption.
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Eastbound Mechanical
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H.F. (Mechanical Contractor)
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LCI-Lineberger Construction Inc.
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