Over the past six months, Sacramento’s economic pulse has gradually slowed. This observation is based on the fact that employment growth in the metro area has steadily moderated from 2.7% year over year in April of this year to 1.0% in October. The major reason has been job losses in construction due to a particularly weak multiple-unit housing market. Strength in government-related employment will underpin the local economy and help it ease through 2008 before recovery begins in 2009.

Take advantage of cost and energy savings with green lighting options.

The risk of an economy-wide recession in 2008 has increased, but remains well below 50%. Reed Construction Data (RCD) believes that the economy will avoid a recession — but it will be a near miss. Seven states are now in a recession: Alaska, Arkansas, Michigan, Minnesota, Missouri, Nevada and West Virginia. Only five states have experienced a significant acceleration in growth in the last few months: Alabama, Louisiana, Oklahoma, New Hampshire and Mississippi.

On September 23, 2009, Reed Construction Data presented a Webcast titled: Lessons in BIM Adoption. After the panel presentations, viewers were given the opportunity of asking questions. Several of the questions from the audience concerned my statement during the presentation, “architects and engineers need to share their BIM projects”.

According to a recent Statistics Canada report, growing construction employment has been a major contributor to the rise in total enrolment in apprenticeship training programs between 1997 and 2005. However, it appears that registrants are dropping out early to take advantage of higher earnings that have resulted from strong labour demand. A concern over the longer term will be a growing shortfall of skilled construction tradespeople, due to a steady rise in the number of retiring baby boomers.

In anticipation of the launch of SmartBIM Library 3.2, we are having a pre-launch sale! All licenses of SmartBIM Library are 50% now through March 31st.

Revit is an “object oriented” software application.  During the CAD era we constantly talked about the future with “object oriented” software, a time when the objects be intelligent - graphically correct with product specific data associated. 

Reed is introducing a new concept that will make it easier for owners, architects and building product manufacturers (BPM’s) to more quickly take advantage of BIM.  The concept is SmartBIM Spaces.  With SmartBIM Spaces, Reed will deliver complete spaces with generic SmartBIM Objects and links to BPM’s SmartBIM Objects.  There are benefits for both the architect and BPM.

Take the challenge. Reed Construction Data stands behind its data and products. When it comes to your business, don’t rely on vague and inaccurate reports — make a true comparison.

Reed Construction Data announced today that the year-to-date value of U.S. construction starts through September 2007, excluding residential contracts, totaled $233.6 billion, 17.9% higher than in 2006 and down 8.6% from August. Because September is seasonally weaker than August, the month-to-month decline may not include any negative impact spilling over from the liquidity problems set off by the collapse of the subprime residential mortgage market.