U.S. Labor Department: Nonresidential construction jobs lost in JuneDanielle Derringer
The growth in residential construction activity slowed in 2020 due to the adverse impact of the pandemic, with licenses rising by just 5.07% y-o-y to 26,168 units. Activity improved again in 2021, with the number of licensed new constructions increasing by 12% to 29,312 units. Then in ...
In addition to the construction of new property, our commercial property stock requires constant repair, maintenance and ultimately replacement. Commercial property is subject to deterioration, obsolescence and casualty. Even in periods of reduced economic activity property owners must purchase the labor an...
Compared to first-generation RUMs, new-generation RUMs are more educated and skilled, and likely to work in manufacturing and service industries rather than the construction industry (Zhao et al.2018b). In contrast to their predecessors, new-generation RUMs have better human capital, a strong des...
“While nonresidential construction employment expanded in September as some projects that had been postponed or interrupted came back to life, the number of jobs gained was rather unimpressive,” said Basu. “In May and June, nonresidential construction added more than 228,000 and 76,000 jobs ...
Cost of Construction note: the figures below are not based on what you and your Uncle Bob can build the project for with free labor on weekends. The percentages are based on what the architect knows the normal cost of construction might be for this type of project using normal means (i....
Protect the business you’ve worked hard to build. Download our free design build construction contract template and example to get started! Houzz Pro OCTOBER 1, 2023 If you are a design build contractor, you probably already know the advantages of combining the design and construction of a ...
despite a strong economy that would normally favor single-family home purchases. The weaker economy of the early 2000s also helped bolster multi-unit construction, despite record low interest rates, which would also normally favor single-family home purchases. This trend toward multi-unit living...
the total value of outstanding housing loans in Taiwan continued to increase by 11.3% y-o-y to TWD 10.86 trillion (US$339.93 billion) in September 2024, according to the central bank. It was the highest growth recorded since December 2005. Likewise, outstanding loans for construction rose by...
One alternative to this detail would be continuous flashing with a drip edge, however, this would be labor intensive because the flashing would require notching at every deck joist location. Connection of ledgers to empty hollow masonry cell blocks (Figure 16) of existing construction is generally...