Q1 2024: Environment & Tech Updates
The construction industry seeks AI collaborations to help solve environmental issues & implement new technologies to improve productivity, carbon footprint, and job safety
Q1 2024: Construction Labor updates
Construction will need half a million new workers in 2024 to keep up with demand and we take a look at one firm’s framework for recruitment planning
Q1 2024: Construction Industry updates
Consruction starts remain flat in Q1 and developers are gaining confidence in market conditions for the back half of 2024 despite uncertainty around lending & national interest rates
Q1 2024: Construction Materials Update
Overall pricing and lead times remain steady in Q1 with the exception of electrical components as switchgear and transformer lead times continue to be lengthy
Q4 2023: Construction Materials Update
Centerline does a deep dive into material costs in this bulletin with a specific year-end focus on 2023 pricing with supporting data that reveals trends such as a 15% increase in HVAC equipment between April and October
Q4 2023: Farm-to-Building Materials
Farm-to-building? A retired structural engineer takes the plunge at retrofitting a building in Seattle with the use of carbon neutral materials hoping other builders will follow his lead
Q4 2023: Environmental Updates
Q4 2023: Construction Labor updates
Wages are up, demand for skilled workers is high (60k new laborers per month needed to keep up with projects), and companies are recruiting young talent in unexpected demographics.
Q4 2023: Construction Industry updates
Projects are breaking ground at a slower pace this quarter according to Dodge Construction Network and AIA; economists agree that a return to growth in construction starts is still some time away
Q3 2023: Materials Updates
With the exception of HVAC equipment and concrete productions, Q3 material pricing is trending from flat to declining pricing for the remainder of 2023.
Q3 2023: Labor Updates
Contractors continue to operate in a highly competitive labor market despite the slight cooling of project starts brought on by higher interest rates this year.
Q3 2023: Industry Updates
Non-traditional project delivery methods are gaining popularity this year amid the growing need to prequalify subcontractors and avoid unnecessary delays.
Q3 2023: Transportation & Equiptment Rentals
Q3 2023: ADA Accessibility
By the year 2035, 78M people in the U.S. will be 65 years+ and designers/contractors could be at the forefront of incorporating much needed ADA upgrades in both public and private settings.
Q2 2023: Supply Chain Updates
Q2 shows back-to-normal levels within the global supply chain while highway transportation still experiences high diesel prices.
Q2 2023: Environmental Updates
Building energy audit programs across the US are creating the need for standardized language and online tools for energy data.
Q2 2023: Labor Updates
Construction apprenticeship programs are underway and see which states rank highest and lowest in construction unemployment this year.
Q2 2023: Materials Updates
Most construction materials are holding steady this quarter while cement products and metal stud framing soar.
Q1 2023: Environmental Updates
Across the U.S., decarbonization efforts on building materials and energy codes are underway- see which cities are at the forefront of green building policies.
Q1 2023: Supply Chain Updates
Interruptions are expected to continue over the next few years which is forcing contractors, owners, developers, and designers to seek solutions