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Latest Construction Market News & Analysis
Most Popular News & AnalysisHow the Subprime Mortgage Mess Began How did $600-800 billion of US mortgage defaults cause a worldwide economic crisis? Credit crunch damage to nonresidential construction still uncertain
Contractors cut 62,000 more jobs in October, mostly for nonresidential building work
The 13% decline in construction jobs has far outpaced the 6% decline in construction spending so far this year. Much of this difference is likely accounted for by higher labor productivity although there is no hard evidence available to confirm this. However, there is hard evidence that the parallel decline in manufacturing employment is substantially due to productivity gains. Factory output, inflation adjusted, increased at a 7.7% annual rate in third quarter while factory work hours fell at a 5.2% pace. Labor productivity jumped 13.6% (annual rate) in the third quarter. Construction productivity gains are certainty less but are enough … The RSMeans Estimating Handbook 3rd Edition covers the full spectrum of technical data required to estimate costs for major construction projects. Widely used in the industry for tasks ranging from routine estimates to special cost analysis projects, the book has been completely updated and reorganized with new and expanded technical information. If you need to evaluate architectural plans and specifications, prepare accurate quantity take-offs, compare design alternatives and costs, perform value engineering, double-check estimates and quotes, or estimate change orders this book will prove to be an essential reference. Construction Market Forecasts Available from Reed Construction Data US Construction Forecast
Delivers the most timely construction industry activity in a dynamic, quarterly format that combines historical data, current year projections and forward-looking forecasts. US Starts Database
A comprehensive source of construction activity statistics designed to give you the most important business planning information in a highly efficient and effective way.  CanaData Annual Construction Forecast
Contains Canadian construction trends over the last ten years and projections for the next three years, including easy-to-read graphs and statistical data in current and constant dollars; demographics; interest rates; employment rates; and much more. CanaData Construction Starts
A monthly analysis of construction start activity across Canada and by region, the construction starts product provides accurate and complete information, ahead of government statistics, on square footage totals, number of units, dollar value and percentage change over the year. |
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