A solid majority of respondents (61%) said their companies use building information modeling on projects.
On the bright side, 36% of construction executives surveyed said they felt construction has emerged from the recession and is starting to grow. Nearly a fourth (24%) said that things are looking up for all participants. Another 27% indicated that discrete segments are growing fast. Only 13% said they are seeing market declines or no growth in the past year.
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PCA partners with MIT on concrete research center
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Study explains the financial value of green commercial buildings
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Architecture Billings Index drops to lowest level since June
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Construction employment declined in 333 of 352 metro areas in June
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| Aug 11, 2010
Jacobs, Hensel Phelps among the nation's 50 largest design-build contractors
A ranking of the Top 50 Design-Build Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
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Balfour Beatty agrees to acquire Parsons Brinckerhoff for $626 million
Balfour Beatty, the international engineering, construction, investment and services group, has agreed to acquire Parsons Brinckerhoff for $626 million. Balfour Beatty executives believe the merger will be a major step forward in accomplishing a number of Balfour Beatty’s objectives, including establishing a global professional services business of scale, creating a leading position in U.S. civil infrastructure, particularly in the transportation sector, and enhancing its global reach.
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Construction unemployment rises to 17.1% as another 64,000 construction workers are laid off in September
The national unemployment rate for the construction industry rose to 17.1 percent as another 64,000 construction workers lost their jobs in September, according to an analysis of new employment data released today. With 80 percent of layoffs occurring in nonresidential construction, Ken Simonson, chief economist for the Associated General Contractors of America, said the decline in nonresidential construction has eclipsed housing’s problems.
