Commercial Construction

Construction wages are rising

Construction wages are rising, according to the most recent published surveys and will continue to rise through 2017. At least that’s the immediate past and future for construction staff wages and salaries – employees and workers to handle necessary tasks and jobs such as project estimating, project managing and supervising job sites. Construction staff wages […]

Construction financing with digital currency

A Texas developer became in May the first in the U.S. to offer construction financing with digital currency. The Serene Country Homes Group, based in Fort Worth, TX, launched the digital currency financing effort, sometimes called a “digital asset token” and in this specific effort called, the Real Estate Token or RET, to finance a […]

Construction employment gained 2.6%

Construction employment gained 2.6%, or 5,000 new jobs, in April over the same month in 2016, according to the latest figures – released in early May. The data reflects a continued, if tepid, slow and steady increase in construction work – both commercial and residential. The slow and steady upward trend nationally relfects similar patterns […]

Construction dipped in March

Commercial construction dipped in March, even if just slightly, but remains near 5 percent higher on the year over the same time in 2016. The figures and estimates, released May 1, come from the U.S. Department of Commerce and represent the latest data. April figures will be released at the beginning of June. Overall, the […]

Robots on construction sites

Robots on construction sites will become increasingly more common in the next few years as we turn to them more and more for simple and complicated tasks. Drones, 3-D printers, manually operated and remotely operated robots are all part of the commercial construction industry’s very near future. A semi-automated mason called SAM can, for example, […]

Commercial construction grew modestly but steadily

Commercial construction grew modestly but steadily at the end of 2016, according to the most recent data released for 2016 Q4. And while everyone hopes that trend will continue in 2017, the consulting firm JLL – which compiled the Q4 figures in its Q4 U.S. Construction Outlook – said some unknowns exist, mostly based on […]