Many economic indicators predict growth for the construction industry in 2018. Following four months of decline, the Dodge Momentum Index saw nearly a 14% rise in November. (The Index is a 12-month indicator of construction spending for nonresidential building.) This rise signals a growth in construction activity through the end of 2017 and into 2018. …
The Softwood Lumber Agreement between the U.S. and Canada expired back in October 2015. For several months, there has been speculation as to what the Trump administration would do with its renewal. On April 24th, 2017 it was announced that a 20% import tax would be placed on Canadian softwood lumber. More than one-third of …
We recently told you about the skilled labor shortage the construction industry is facing. In just a few years, without any proactive change, the shortage will become significantly worse. This is why many construction companies are looking outside the current labor pool. Many companies are partnering with colleges to get students interested in a construction …
Pipeline construction has been in the news recently with the controversy over the Dakota Access Pipeline. The DAP is one of the highest profile pipeline projects since the 800-mile Trans-Alaska Pipeline System built in the 1970’s. The Trans-Alaska Pipeline has not had any incidents since it was built. However, that is only one pipeline and …
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