The Trump administrated presented its proposed fiscal 2018 that includes $1.6 billion for the wall between Mexico and the US. At one point, White House budget director Mick Mulvaney said the 2017 and 2018 budget would allot $4.1 billion for the wall, and the White House said the decrease was partially due to a compromise reached with Democrats on a budget extension.
One of five planned buildings recently topped out at the $1.3 billion Capitol Crossings in Washington, D.C. When complete, the project will cover 7 acres and contain 2.2 million square feet of building space.
Missouri is dealing with a skilled-labor shortage, according to Leonard Toenjes, president of the Associated General Contractors of Missouri, who was part of a recent job fair in St. Louis. Instead of touting job openings, the contractors, schools and unions at the fair introduced attendees to career paths in the construction industry in an effort to raise interest.
LMC Insurance among Champions of Surety Merchants Bonding Company™ recognizes LMC Insurance & Risk Management for their excellence in contract surety. Mark Keairnes, Joe Schmit, Nancy Baltutat and Chris Seiberling are champions for their contractor clients, contributing to their growth and success. Congratulations from The Common Sense Surety!
A survey by the Federal Reserve found that 28% of adults who are still in the workforce have no pension and absolutely no savings set aside for retirement. However, that figure is a slight improvement from 2015, and more Americans reported they were "living comfortably" or "doing okay" as compared to the last time the survey was held.
Skanska Magnus Eriksson discusses the company's involvement in three public-private partnership projects in the US, noting that they can be tailor-made and very flexible. He outlines the benefits of P3s and explains that they require a construction company to operate in a collaborative way.
The world's big oil companies are exploring changes to gas stations to adapt to different consumer habits and new technologies that threaten to upend the business of selling gas. Changes might include mobile apps to speed the refuel process, testing services that bypass the gas station and deliver fuel directly to consumers, and ways car sharing or autonomous vehicle use lead to oil companies operating car fleets.
Consider four ways to mitigate over-processing, a common issue in the construction industry in which more material or manpower is used than required. Among the suggestions: Have a clear schedule, establish quality standards and ensure change orders are in writing.
US District Judge Richard Leon has put a stop -- possibly permanently -- to the proposed Purple Line of the Washington, D.C.-area Metrorail by ruling that Maryland officials and the Federal Transit Administration did not adequately portray the line's effects. He ordered a supplemental environmental impact statement, and the results could derail the project.
39 states add construction jobs between April 2016 and 2017, but 27 states lost jobs between March and April amid worker shortages
Thirty-nine states added construction jobs between April 2016 and April 2017 amid growing demand for construction services, yet more than half the states lost construction jobs between March and April amid tight labor market conditions, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials said firms in many parts of the country are having a hard time finding qualified workers, which is likely holding back broader employment gains in some states. "Demand for construction remains robust, so it is likely that a number of the monthly employment declines are being caused by a lack of workers instead of a lack of work," said Ken Simonson, chief economist for the association. "If the labor market remains tight, firms may have to adjust their business practices as they shift limited personnel from one project to the next." Read the full news release.
New ConstructorCast: "Construction's Case for Immigration Reform"
Listen to the latest ConstructorCast for an in-depth examination of immigration and what it means for the construction industry. For this episode, we sit down with Tamar Jacoby, president and CEO of ImmigrationWorks USA, and Ken Simonson, AGC's chief economist, for a rundown on how demographic changes and economic factors are propelling the need for reform in the US and what the Trump administration and Congress can do to help the industry. Stream or download the full episode!