Brooks Black’s Post

🚧 Central Florida Construction: Growth, Challenges, and Integrity 🏗️ As 2024 draws to a close, the construction sector in Central Florida is booming, fueled by infrastructure investments and a steady influx of residents. While the industry faces challenges—like skilled labor shortages and supply chain disruptions—there's a bright spot: a new generation is entering the field, attracted by opportunities beyond traditional college paths. However, with growth comes responsibility. Some bad actors—unlicensed contractors or those cutting corners—threaten the industry's reputation. We must prioritize integrity by working with licensed contractors who adhere to regulations and safeguard clients from costly setbacks. At Tri-Bay Construction, we're committed to maintaining high standards of craftsmanship and professionalism. By hiring licensed professionals and following all necessary regulations, we help build a safer, more trusted construction industry for everyone. Let's build a future we can all trust—built to last. 💪 #ConstructionGrowth #IntegrityInConstruction #CentralFlorida #LicensedContractors #TriBayConstruction #BuildingTheFuture

We all know the saying, there's two seasons in Minnesota, winter and road construction. But according to a new report, Minnesota is top notch when it comes to construction compared to other states in the upper Midwest. For daily news and analysis subscribe to the https://lnkd.in/gkPc4uBJ newsletter. #Construction #Engineering #Infrastructure

Any New Yorker who’s lived with street construction outside their window can tell you the quicker the project is done, the better for everyone. That’s one reason the Citizens Budget Commission supports joint bidding, which not only speeds up City capital projects that require the disruption of utility lines but also lowers their costs.  Sean Campion, CBC’s Director of Housing and Economic Development Studies, testifies before the Assembly Standing Committee on Cities about the importance of joint bidding in improving the efficiency of New York City’s capital projects.   Joint bidding allows the City to bid out capital projects and related utility work simultaneously. This approach reduces delays, lowers costs, and minimizes disruptions for New Yorkers. A recent analysis by the Department of Design and Construction found that joint bidding cuts utility-related delays from an average of 28 months to just 7 months. Why does this matter? Without joint bidding, City contractors must negotiate directly with utility firms, often causing months or years of delays and inflating costs. Joint bidding streamlines this process, benefiting utility companies, the City and every New Yorker.   Read the full testimony to learn more about why we’re advocating for joint bidding—and how it’s a win-win-win for everyone involved: https://lnkd.in/d5NdDcR2

🚧 October 2024: A Big Month for Commercial Construction 🚧 Construction activity surged in October, with total groundbreakings jumping 4% to an annualized rate of $1.2 trillion, according to Dodge Construction Network. 📈 Notably, nonresidential starts saw a 14% increase, driven by a 114% surge in manufacturing projects, while residential construction dipped 3%. Key projects breaking ground last month include the $2.2B Henry Ford hospital tower in Detroit, The $1.1 billion second phase of the Southwest Florida Airport expansion in Florida, and the $1.4B LG battery plant expansion in Michigan. When it comes to the general building commercial construction market, these numbers signal growing opportunities in healthcare, manufacturing, and mixed-use developments. However, challenges like potential material cost fluctuations under new trade policies highlight the need for agile, well-equipped teams. 🏗️ Talent is key to navigating this momentum. Now in November, and heading into Q1 2025, it is vital for companies to be well prepared for the incoming surge in construction projects. Whether you’re looking to grow your team or seeking the next step in your construction career, let’s connect to shape this exciting future together. 📩 - danyal@appletonfinn.com ☎️ - (214) 427-5545 #ConstructionRecruitment #CommercialBuilding #ConstructionStarts2024 #TalentInConstruction #Recruitment

Though this article makes particular reference to Connecticut, it’s suggestions to build a skilled labor force for the construction industry are relevant to all states. #construction #skilledlabor #constructioncosts #laborshortage

Ninth District construction firms are reporting less demand for their services and rising construction costs, but our recent survey has found a growing number reporting demand and costs stabilizing. Tu-Uyen Tran shares more survey takeaways: https://bit.ly/4aBxigg #Construction #RegionalEconomy #NinthDistrict

A decline in new #commercialbuilding starts such as apartments is making a dent in the short-term outlook of Northeast Ohio #construction contractors, but their long-term outlook is staying strong thanks to other types of building in the region. https://bit.ly/3UakLLk

🚧 Public Projects Keep Nonresidential Construction Afloat 🚧 Nonresidential construction spending saw a slight uptick of 0.1% in August, reaching a seasonally adjusted annual rate of $1.22 trillion. This increase is largely driven by public projects like highways and streets, which continue to support overall construction spending amidst economic pressures. 🏗️ Anirban Basu, ABC’s chief economist, highlighted that public spending accounted for the entirety of the nonresidential segment’s monthly increase, rising nearly 8% over the past year. This significantly outpaces privately financed nonresidential construction activity. 📈 Federally funded projects have the potential to further boost public construction spending, although many are still in the pipeline due to permitting and regulatory hurdles. Despite these challenges, the outlook remains positive with substantial potential for infrastructure and power projects. 🌉⚡ While private nonresidential spending dipped slightly by 0.1%, public nonresidential construction spending inched up by 0.3% in August. The contrast between public and private spending underscores broader economic challenges, such as tighter credit conditions and inflationary pressures. 📉 As we navigate these economic conditions, the industry’s future looks promising with the anticipated support from falling interest rates. However, it may take several quarters before privately financed segments see significant relief. ⏳ If you’re looking for exciting opportunities in the construction industry, reach out to me! I’m hiring for some fantastic roles and would love to connect. 🤝✨ #Construction #Infrastructure #PublicProjects #Hiring #JobOpportunities #EconomicOutlook

Not as nice as jingling bells 🔔, the sound New Yorker knows too well: street construction outside your window. We support joint bidding because help helps those projects wrap up faster, with fewer disruptions—and at a lower cost. Joint bidding lets NYC bid out capital projects and related utility work simultaneously, cutting delays and saving money. The City Department of Design and Construction estimates this reduces utility-related delays from an average of 𝟮𝟴 𝗺𝗼𝗻𝘁𝗵𝘀 𝘁𝗼 𝗷𝘂𝘀𝘁 𝟳 𝗺𝗼𝗻𝘁𝗵𝘀. Without joint bidding, contractors must negotiate directly with utility firms, causing long delays and higher costs. Joint bidding streamlines the process, benefiting the City and most importantly, New Yorkers. Learn more about how joint bidding can make NYC construction faster and less disruptive in our testimony to the Assembly Standing Committee on Cities: https://lnkd.in/d5NdDcR2 

Governor Gretchen Whitmer recently announced new data showing Michigan construction jobs are at a 22-year high, with 204,500 working these good-paying, middle class jobs. Across the state, record road, housing, and manufacturing facility construction is being powered by strategic state-level investments. Thanks to a commitment to building and making things in America, roads are getting fixed, affordable housing is going up everywhere, and factories are coming back to small towns. https://lnkd.in/e8-Fvvx2