Tag: construction demand

Business

It’s getting optimistic out there: Reader poll finds jump in planned equipment purchases, rentals

In these days of delayed infrastructure spending, Congressional one-upmanship and multiple Category 5 hurricanes, it was great to get some good news. The good news came from our latest Reader Profile survey, where more than 220 respondents from our print and newsletter audiences showed unprecedented renting and buying intentions. In the next 12 months, 44 […]

November 6, 2017

Business

Thieves are plundering the world’s beaches for sand as global demand for concrete grows

Once-beautiful beaches in many parts of the world are losing their most distinctive feature at an alarming rate due to a rising demand for concrete. According to a report from German publication Der Spiegel, men and women outfitted with only shovels and buckets are plundering beaches in Senegal, Kenya, New Zealand, Jamaica and Morocco for their […]

October 9, 2014

Business

Divergence of construction spending and employment could point to “fundamental change” in the industry

Recently, the folks at Business Insider put together a nicely done and comprehensive article on the skilled labor shortage affecting the construction industry and the impact it’s having on homebuilding. There wasn’t much new news to be found for those of us who follow these stories on a regular basis. Many of the experienced and […]

March 17, 2014

Business

Labor shortage pushes up construction cost of Minnesota Vikings stadium

The Minnesota Sports Facilities Authority is in the process of doing a bit of recalculating and prioritizing as it faces the challenge of staying within the $975 million budget for the next home of the Minnesota Vikings in downtown Minneapolis. According to a report from Finance & Commerce, the challenge of finding skilled laborers has caused […]

October 7, 2013