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Inflation Fears Reflected in June Construction Price Increases

Inflation Fears Reflected in June Construction Price Increases

Construction input prices increased 2.8% in June compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data

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Median age of construction workers is contributing factor to workforce shortages

Median age of construction workers is contributing factor to workforce shortages

The median age of construction workers is 41, according to a National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data, an attribute that makes contractors' efforts to attract new workers to the industry even more urgent.  

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June's Nonresidential Construction Starts +14% M/M, But -11% YTD

June's Nonresidential Construction Starts +14% M/M, But -11% YTD

ConstructConnect announced today that June 2021's volume of construction starts, excluding residential work, was $38.4 billion (green shaded box, Table 8 below), an increase of +14.4% vs May 2021's $33.6 billion (originally reported as $32.5 billion).

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Construction Backlog and Builder Confidence Rise in June with Expectations for Continued Growth

Construction Backlog and Builder Confidence Rise in June with Expectations for Continued Growth

Contractors saw a slight increase in backlog for the month and anticipate continued expansion in construction activity through the rest of 2021.

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Double trouble: the rise and rise of digital twins

Double trouble: the rise and rise of digital twins

Digital twin technology, real world clones that are utilised to monitor the status of its physical counterpart and predict its evolution, is beginning to rear its head in the built environment sector.

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Regional Contractors Report Steady Gains

Regional Contractors Report Steady Gains

California and the Northwest’s top contractors reported steady gains in regional revenue in 2020—despite setbacks due to COVID-19 and the year’s unprecedented wildfires—thanks to solid backlogs and continued strength in the government and multifamily sectors. 

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Made in the USA

Made in the USA

USA Gypsum has established itself as one of the few standalone drywall recyclers in the U.S. thanks to its commitment to creating markets.

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Dodge Momentum Index Loses Steam In June

Dodge Momentum Index Loses Steam In June

Following six months of consecutive gains, the Dodge Momentum Index fell to 165.8 (2000=100) in June, down 5% from the revised May reading of 175.1. 

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Researchers deploy autonomous excavator in real-world scenario

Researchers deploy autonomous excavator in real-world scenario

Researchers recently unveiled an autonomous excavator system (AES) that can perform material loading tasks nearly comparable to that of an experienced human operator.

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Robots can't replace humans in search-and-rescue operations, expert says

Robots can't replace humans in search-and-rescue operations, expert says

Construction Dive talks with Texas A&M University professor Robin Murphy about how construction technology can be used in disaster scenarios.

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