Federal Reserve needs to start cutting interest rates, but that won't happen "until some point next year,” economist Anirban Basu told an industry webinar on July 26,
Despite inflation, labor shortages and other troubles plaguing the construction industry, some sectors continue to thrive, but others face difficulties as demand for growth slows.
New York City, San Francisco lead project consultant's latest list for highest global building costs, with six US markets in the top ten of 89 surveyed.
To meet demand for industry transformation in fast-changing markets, women are moving quickly to innovate in leadership and in diversity and inclusion impact.
Inflation, rising interest rates and a skilled labor shortage continue as negative economic factors heading into the second quarter, said Anirban Basu, chief economist at the Associated Builders and Contractors.
The new BART headquarters in downtown Oakland, Calif., features nine office floors, a rooftop deck and public board room on the ground floor of the building. The 234,000-sq-ft design-build project was held to a tight ten-month timeline.
Construction activity has remained fairly strong in the fourth quarter of the year, despite continued challenges with inflation, labor and the supply chain.