Tag: Construction
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Gordian Data Shows Modest Rise in Construction Costs for 2025
Gordian, provider of data-driven solutions for all phases of the building lifecycle, reported that construction costs continued to increase slightly faster than inflation heading into 2025, with labor wages rising by an average of 4.1% over the past year. This analysis is based on today’s release of 2025 RSMeans Data. While construction materials, equipment and…
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Canada’s construction industry braces for Trump impact
Then came the inauguration of Donald Trump as president, followed by the imposition of 25% tariffs on most goods in February, their month-long pause, their reimposition in March, followed by yet another pause. There has been months of speculation on the impact they will have on both sides of the border. View the original article and our…
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The Tech Divide: How Construction Firms Embrace Emerging Technologies
A new study from the University of Sydney’s School of Engineering analyzes how digital tools shape construction practices in Australia. The research examined how three tiers of companies and various roles within those companies see the present and future of emerging technologies. An observation that stands out is that the smallest companies rate the importance…
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Rosendin Honors Student Winners in Construction Competition
Rosendin, the nation’s largest employee-owned electrical contracting company, recognizes Texas A&M University for winning the 2025 Associated Schools of Construction (ASC) Regions 6 & 7 Student Competition’s Electrical Problem. The highly competitive event was held during ASC’s Construction Management Conference held Feb. 5-8 at the Nugget Casino Resort in Sparks, Nevada. As the electrical sponsor, Rosendin developed…
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The construction of Teak New York’s flagship showroom
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in #trades, architects, architecture, Construction, design, Falu House, Featured, Flooring, future of trades, healthcare, hospitality, hotels, interior design, labor pool, Magazine Articles, Montana Furniture, New York, next gen, next generation, Project Management, restaurants, retail, skilled labor, Sustainability, Teak New YorkSince our founding in 2021, Teak New York has grown and evolved tremendously. We began as a 60-square-foot pop-up in NoHo, Manhattan, and the following year moved to our previous 600-square-foot Greenpoint storefront, where it became clear that we were rapidly outgrowing the space. In November 2023, we signed a lease for our new space…
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Construction planning posts smaller gains
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Nonresidential construction planning lost some momentum in February after several months of stronger growth, according to Dodge Construction Network. The Dodge Momentum Index, a benchmark that tracks nonresidential construction planning, ticked up 0.7% in February. Unlike previous…
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Construction job openings drop 42% YOY as labor churn accelerates
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: U.S. construction measured 236,000 open, unfilled jobs on the last day of January, a 42% drop from the same month in 2024, according to data from the Bureau of Labor Statistics released March 11. The…
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Turner Construction establishes VC arm
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: New York City-based Turner Construction has established Turner Ventures, a new venture capital arm that will invest in solutions for the AEC industry, the builder announced Monday. There isn’t a set budget for the funding…
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Improving Cyber Defenses in the Construction Industry
It’s a list no industry hopes to lead. Construction remained the most-plagued sector for publicly disclosed global ransomware attacks in Q3 2024 with a 7.8% increase over Q2 and a 35% increase for the year so far, according to the Corvus Insurance Q3 Cyber Threat Report. Cyberattacks have proliferated across the construction supply chain —…