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Video Dodge’s Chief Economist Analyses the August 2021 Construction Starts
Richard Branch, chief economist at Dodge Data & Analytics, reviews the latest economic indicators for the construction industry in a new video. Here’s the upshot: Total construction starts fell 9% from July to August. This is the third consecutive monthly decline in activity. All three major sectors fell during the month. Non-building starts fell by 2%. Residential starts fell by 9%. Non-residential starts fell by 13%.
WATCH NOWVideo The Fans Chosen by Businesses Across the Globe
In Big Ass Fans’ two decades of innovation, we’ve helped thousands of businesses just like yours. Our overhead and directional and fans have the power and efficiency to move massive amounts of air with minimal energy use, delivering comfort that transforms how your people work.
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Case Study Case Study: Haiku Helps Francis Ford Coppola’s Resort Guests Stay Comfortable
The illustrious Hollywood director behind The Coppola Family Hideaways envisions his tropical resorts as not just hideaways, but getaways. Francis Ford Coppola wants guests to be able to put their working lives behind them in peace, quiet and total comfort. That means no TVs and no air conditioning. The installation of Haiku fans throughout Coppola Family Hideaways in Belize and Guatemala makes living without air conditioning a breeze.
READ NOWCase Study Case Study: Keeping Daytona Cool With Big Ass Fans
For more than half a century, Daytona International Speedway has been the epicenter for American motorsports and NASCAR. Despite continued excellence on the track, the off-the-track amenities increasingly failed to meet modern standards. Over a multiyear renovation, Daytona doubled down on the fan experience and installed Big Ass Fans to keep people cool.
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In the News In an Eye-Popping First, Rents Increase by Double Digits
Between January 2012 and June 2021, 12.3 million households formed in the United States. How many homes were built in the same period? Seven million. That’s a shortfall of more than five million units, according to a realtor.com report. Material and labor shortages stemming from COVID-19 exacerbate the current housing crisis, and contribute significantly to a dramatic decrease in the number of lower-priced homes coming to market. “Homes with a median value of $300,000, which is considered relatively affordable, represented… Read More »In an Eye-Popping First, Rents Increase by Double Digits
READ NOWIn the News M&A Highlights: Zweig Group’s 8/30/21 – 9/05/2021 Activity Report
By Shirley Che Domestic Transactions DCCM, (Houston, TX) a national provider of design, consulting, and program & construction management services has announced the acquisition of Rochester & Associates (Gainesville, GA). Link to Details National consulting, engineering, and construction services firm, Atwell Group, (Southfield, MI) has announced the completion of a merger with Waldrop Engineering (Bonita Springs, FL). Waldrop is an established planning, landscape architecture, and civil engineering company providing professional design and entitlement services. Link to Details Wind Point Partners, (Chicago, IL) a private equity firm, has acquired The Vertex Companies, Inc. (Weymouth,… Read More »M&A Highlights: Zweig Group’s 8/30/21 – 9/05/2021 Activity Report
READ NOWIn the News Indian Megacity Mandates On-Site Construction Waste Recycling
India, one of the world’s most rapidly growing economies, is projected to grow 12.55% in 2021, according to Nasdaq. The country’s construction sector is more than keeping pace, and is expected to grow 13% in the same period. But growth comes at a price. A new report from a Delhi-based nonprofit, the Centre for Science and Environment, estimates India’s building activity—construction and demolition combined—generates a whopping 165 million tons of waste per year. Despite the national government’s 2016 C&D Waste Management… Read More »Indian Megacity Mandates On-Site Construction Waste Recycling
READ NOWIn the News Robot Assistants, Coming to a Construction Site Near You
With construction plagued by inefficiency, safety concerns, and labor shortages, the smart money is on robotics transforming the job site. The National Science Foundation, in particular, is betting $2 million on a consortium of researchers from the University of Florida, University of Michigan, and Washington State University, for their study pairing human workers with so-called “interactive robot assistants.” According to the University of Michigan’s University Record, the robots will learn how to learn on the job from their flesh-and-blood mentors.… Read More »Robot Assistants, Coming to a Construction Site Near You
READ NOWVideo SpecLab by Big Ass Fans
Every space and owner will have different needs, variables, and goals regarding airflow. Big Ass Fans industry-leading SpecLab tool gives you custom 3D airflow analysis of your facility. SpecLab begins with a drawing of your building’s space taking into account inventory, obstructions, working spaces, machinery, and more. Then, they’re able to layer in your fan solution to demonstrate exactly how Big Ass Fans will transform the airflow within your space.
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Research Report Measuring Tech Savviness, and Tech Needs, in the Construction Industry
Just how tech-friendly is the construction industry? It’s clear that contractors are increasingly relying on digital tools for their projects. But a new study by Dodge Data & Analytics reveals that only 34% of civil contractors in the US have adopted model-based technology, while 57% of those in the vertical building sector report using these tools. The adoption rate for field and project management tools is much higher: 61% among civil contractors, and 83% among vertical building contractors. The Dodge… Read More »Measuring Tech Savviness, and Tech Needs, in the Construction Industry
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