Q3 2024: Construction Materials Update
Volatility persists in certain sectors, with ongoing supply chain issues, labor shortages, and rising energy costs driving up overall expenses—get the full scoop on how these factors are shaping the market.
Q3 2024: Labor
Exciting job growth in the U.S. construction industry is shaking things up! Find out how hiring in specialty trades and engineering are unfolding, even as the broader economy faces headwinds.
Q3 2024: Industry
Despite a slowdown in construction spending, the DMI soared, and while the ABI score crept up slightly, it still reveals the eighteenth month of falling architecture billings.
Q2 2024: Construction Materials Update
Ready Mix Concrete is up to $183 per cubic yard on average and a few other materials are up from Q1 but there is overall stability within material pricing and supply chains
Q2 2024: Open Air Retail
Open-air retail defies decline by adapting to consumer preferences and offering convenience; recent acquisitions highlight its resilience amid a changing retail landscape
Q2 2024: Labor
Construction in the southeast and south-central regions of the US is booming and we take a look at why and how the local labor forces are impacted in these areas
Q2 2024: Industry
Find out what the major construction industry indicators are seeing now and what they are predicting for project planning the summer months ahead
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.
