In analyzing the 2014 industrial construction take-off quarter, we consulted industrial components expert Steve Letko regarding the geographical regions’ growth and the intensity of the product components comprising anticipated overall end-use growth.
As a plumbing or mechanical contractor, you might think the Occupational Safety and Health Administration’s proposed silica standard has nothing to do with you. But are you sure?
Although single-family housing starts have continued their comeback climb from under 100,000 annually in early 2009, they have significantly rebounded over that figure well into 2013. Much of the recovery on home sales has been concentrated on the reduction of over-extended existing home inventories.
As mentioned in previous columns, commercial building loans and their supporting activity are edging toward pre-recession levels. As of mid-year 2013, U.S. banks had issued just short of one trillion dollars in commercial real-estate loans, up almost 4% from a year earlier, according to official sources.
A coalition of construction industry groups is concerned about a proposed rule from the Occupational Safety and Health Administration that’s intended to protect workers from inhaling dust containing silica, created by activities such as cutting brick or block and sawing, grinding or drilling concrete.
A nationwide group of building information modeling users, known as the BIMForum, released the first-of-its kind standard establishing definitions for how complete BIMs need to be for different stages of the design and construction process.