Large contractors are always on the hunt for the locations with the most amount of work and, according to a new report, they don’t have to really spread too thin to have a chance at most of it.
A research company named GlobalData recently released a report called “Project Insight – Construction in Key US States,” in which they explain the results of tracking 11,208 construction projects across the United States.
Amazingly, the firm found that only 10 total states account for nearly 60% of the entire US construction market:
3. New York
10. North Carolina
Not many of the states on the list should be a huge surprise, as most of them are leaders in energy and public works projects. As of May 2019, California has the most projects and project value, according to the report, thanks to their large number of megaprojects in transport infrastructure and energy and utilities projects.
Texas is the leader in energy and utilities projects, but they also have a large number of mixed use developments and infrastructure projects.
Florida, Georgia, and Washington are experiencing the largest construction growth over the past 5 years, with annual average growth rates of 9.9%, 8.7%, and 6%, respectively.
The report states that construction output grew from 3.4% in 2017 to 4.4% in real gross terms. They attributed that increase to a combination of recent corporate tax cuts and state and local governments increased efforts to raise money for public works projects.
Full report: Project Insight - Construction in Key US States | GlobalData
In April, a tower crane being dismantled suddenly collapsed onto an open street in Seattle, Washington killing 2 workers and 2 civilians. Recent violations issued by the state of Washington have confirmed theories that prematurely removed pins were to blame for the incident.
On October 12, tragedy struck at a construction site in New Orleans, when an 18-story under-construction hotel partially collapsed, killing 3. Due to the unstable tower cranes on site, crews have yet to be able to recover 2 of the bodies inside the building.
A couple of years ago, we shared an article about how Los Angeles was painting certain asphalt roads with a light, paint-like material made by CoolSense. Their hope was that it would reduce heat island effect in the warmest part of their city. A recent study has found that the coating may not actually have the effect that the city was hoping for.
Many construction companies require their employees to get either an OSHA 10 or OSHA 30 safety certification, but there are a few different ways to take the courses. Throughout my career, I’ve had safety training in a few different capacity: in-person classroom as part of my construction management degree curriculum, a work organized 10-hour course, and, most recently, an OSHA 30 online course.
For the past 5 years, construction technology company, Procore, has hosted their customers and tech enthusiasts at a multi-day conference called Groundbreak. There’s been significant growth since the events humble beginnings, not only in just attendees, but in the conference’s offerings.
This was my second time attending Groundbreak and, in case you couldn’t make it, here are the highlights of the items you missed:
Tragedy struck in New Orleans over the weekend when an under construction 18-story hotel suddenly collapsed, killing at least 2 with 1 still missing and injuring up to 30 others.
For nearly 3 years, an update to the overtime pay rule was held up in court battles, but we may finally have a resolution. The update sought to increase the minimum salary threshold of workers that are exempt from being paid overtime pay for any overs worked over the traditional 40 hour work week.
If you want your construction company to be best-in-class, you need to be able to objectively measure yourself against them. To help assist with that difficult task, Autodesk has announced the release of a new self-assessment tool to measure where your company stands against your competitors based upon 7 different key performance indicators (KPIs).
In a recent press release, OSHA announced that it has implemented a new OSHA Weighting System (OWS) for their 2020 fiscal year. The change will better help OSHA allocate their resources where needed.
Just days ahead of their annual Groundbreak conference, Procore has announced a new feature upgrade to their platform called Embedded Experience.