In This Issue...

Reed News  •  Construction News  •  Feature Article  •  Construction Project Leads

Reed News

U.S. Construction Economic Forecast Now Available

The U.S. Construction Economic Outlook is your source for Reed Construction Data’s construction forecast for the next two years. With thorough and in-depth analysis written by Reed Economists, U.S. Construction Economic Outlook provides key economic and industry indicators for the construction industry.

With the U.S. Construction Economic Outlook you can anticipate opportunity, target growth markets, compare sales performance against market performance, and create more informed and successful sales and business plans.

Learn more

Construction News

From Journal of Commerce:

Kiewit and Finning Canada workers die in Thormanby Island plane crash
Family members of some of the six construction workers who died in a plane crash were gathering Monday in small church on B.C.’s Sunshine Coast as recovery teams battled tough terrain and harsh weather to reach the crash site. Five of the deceased workers were employed by Peter Kiewit Sons’, Inc., the other was an....(read more)

Metro Vancouver digs deep to hire new contractor for twin-tunnel project
Metro Vancouver is in the process of hiring a new contractor to complete the construction of twin tunnels for a water filtration project in North Vancouver. Work on the $ 100 million project was suspended by Bilfinger-Berger Canada (BBC) in January 2008, due to concerns about the safety of underground workers. Metro Vancouver terminated BBC’s right to perform....(read more)

From Daily Commercial News:

RCMP release details of investigation into Thormanby Island plane crash
The RCMP have released the following statement regarding their investigation into the plane crash that took the lives of five Kiewit workers and one Finning Canada employee on Sunday, November 16, 2008. On the evening of November 17, 2008, the four Emergency Response Team members remained on the mountain without incident. The weather cooperated....(read more)

Construction Forecast

Please click here to visit our new construction-industry economics community Market Insights
	Commercial Building & Heavy Engineering Construction Forecasts Construction Starts Costs & Materials	Economy & Finance Housing Major City Snapshots

Western Canada keeps posting "Help Wanted" signs — for now
11/18/2008 - Against the headwind of a U.S. recession, Canada continued to add jobs in October. In fact, over the past three months, full-time employment is up by 75,000 jobs, compared to an increase of just 36,300 between January and July 2008. Across the country, the strength of labour demand, as reflected by the unemployment rate in the country’s 27 census metropolitan areas (CMA), had a strong.......(read more)

Consumer Spending in the U.S. takes a Tumble; Canada set for a Fall
11/17/2008 - The two graphs below show how closely aligned are retail sales in the United States and Canada. Year-over-year retail sales in both countries can vary to some degree over short periods of time, but the trends rarely differ for very long or to any significant degree of magnitude. This is not good news for Canada since U.S. retail sales have been announced for a period two months in advance......(read more)

Church, Movie Theater and Department Store Construction Costs
11/18/2008 - Year-over-year Construction Cost Increases Range from 5.1% to 6.3% According to the accompanying table and charts, a “typical” church had the largest year-over-year increase in construction costs in October 2008 (+6.3% on average for 25 major centers) among four type-of-structure categories recently monitored by.....(read more)

Focus on Building Construction Products

Building Reports

These are the top 3 construction projects from across Canada. These projects have been selected from 275 projects with a total value of $2,953,307,624 that RCD Building Reports reported on yesterday.

Click on the project name to see the information our project news subscribers receive about these projects every day.