Construction Archives - Page 2 of 3

13 Feb A Mandatory Tool for your Business Tool Kit

Posted at 13:05h in 2018 Economic Forecast, Budgeting, Construction, DRB, DRB Consulting, Economy, News

Over the last 10 years, we have found the track record of Alan Beaulieu, a national economist with the Institute for Trend Research (ITR) to be incredibly accurate (94.7%). For 25 years, he has provided insight to thousands of business owners and executives. His January...

17 Jan A look at the New Tax Bill’s effect on the Construction Industry

Posted at 16:35h in Construction, DRB, DRB Consulting, Economy, New Tax Bill, News

The new tax bill will have both positive and negative effects on the Construction industry. The obvious is the reduction of the corporate tax rate from 35% to 21%. The AIA claims to have influenced the negotiations around the bill to have Architects and Engineers...

06 Nov The Lack Of Skilled Laborers

Posted at 16:25h in Budgeting, Construction, DRB, Labor, News, Staffing

The Ongoing Concern for Skilled Laborers in the Construction Industry is Getting Worse During the last seven years, the construction market has demonstrated healthy and steady growth. The recent natural disasters across the United States, Mexico and the Caribbean can only continue to impact the ever increasing gap...

09 Aug Lack of Capacity is Driving up Cost

Posted at 12:52h in Budgeting, Construction, DRB, Economy

The Federal Government inflation information clearly does not match current Construction industry pricing where everything is rising. Engineering News Record reported that the year over year growth in prices is 3.4% - significantly higher than the Federal Government inflation rate of 1% (the government continually...

03 Feb Spruill Center for the Arts to House Residence Inn, North of Atlanta

Posted at 13:23h in Construction, DRB, News, Project Management

ATLANTA – One of the last undeveloped quadrants along the Perimeter business district’s primary commercial corridor is under construction. Owned and developed by Hotel Development Partners, the 4.8-acre site that surrounds the existing Spruill Center for the Arts is soon to be home to the...

27 Jul Physics – What Goes Up, Must Come Down

Posted at 16:58h in Budgeting, Construction, DRB, Economy, Global Construction Projects, International Business

Leading indicators provide insight to future economic events; Three events occurred during July 2015 that offer insight to the future economic challenges we face. The impact is not immediate; however, these events will affect the US construction market in the next two years. The first indicator is that...

16 Mar Hotel Technology – Are You Up to Speed?

Posted at 16:24h in Construction, DRB, Technology

Boomers – move over – you are about to be replaced. By 2020, forty-six percent of the workforce will be the Millennial Generation. This generation wants a different type of hotel than their parents and the hotel industry is listening to them. Hotel designs are...

21 Mar Labor Shortages

Posted at 18:04h in Budgeting, Construction, DRB, Economy, Labor

As Atlanta was constructing the Olympic venues, the impact on development was felt around the southeast region. Design and Contraction firms focused on Atlanta for a part of the $1.5 Billion Olympic development program. The labor force migrated to Atlanta and the competition for materials...

31 Oct The Next Economic Driver – Generation Y

Posted at 14:53h in Budgeting, Construction, DRB, Economy

Perspective can radically change what you achieve without changing anything in your existing environment. When projecting construction trends and their resulting costs, I have long been a proponent of finding leading indicators that can provide the insight and perspective related development and construction. Recently we hosted a...

27 Aug Tightening of Subcontractor Market

Posted at 07:00h in Construction, Project Management

Several of our projects are currently going through a bidding process. Interestingly, we are getting feedback that many subcontractors are already near or at capacity, forcing them to be more selective in the projects for which they offer proposals. We have heard reports that several...