Lender data shows there is a slowdown of multi-family home construction.
Freddie Mac still projects multi-family gross income will remain strong nearing the end of the year as long the economy stays relatively stable.
Analysts say rent growth rose 16% from a year ago last June, and multifamily demand remains high despite rising costs.
New technology hitting worksites everywhere is helping construction companies increase productivity, safety, while reducing downtime. In the world of asphalt, rollers and road compaction technology has been increasing steadily for years. Newer rollers adhere to regulations better, assist opertors with advanced functions, and continue to increase the quality of
The construction industry is quickly heading into the future with the development of autonomous construction machines and battery-operated equipment. New technology featuring these two new areas of construction will be hot topics at bauma.
The event will take place in Munich, Germany October 24 to the 30th of this year.
With economists predicting a recession coming soon to the U.S., contractors are again forced to consider contingency plans to keep wheels turning and buckets digging. One strategy, as usual, will be cost-cutting, as contractors look for ways to save.
When it comes to machine maintenance, that likely means steering clear of dealer costs and finding
If you are skilled in construction, you have nice job security. As long as you don't total a new machine every few weeks, you'll always have a job. In fact, even if you do total a machine every few weeks, you'll probably still have a job. That's because the construction industry desperately needs to add nearly three quarters of a million skilled workers to meet
