In October, I attended two industry conferences. The first being the hotel industry Lodging Conference and the second was the software development LiveRez Conference for the vacation rental industry. At the Lodging Conference, there were several presentations by hotel experts highlighting industry economic trends. At...
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...
Mr. Boyken was asked by Hotel Executive to be a guest writer for their online news edition. Because of Mr. Boyken's extensive knowledge of the construction economy, Hotel Executive asked him to write about his responsibilities as CEO and how he grew his program management firm to one...
Harry Truman often said give me a one handed economist because they always seemed to be offering two opinions of the future. January offers a great opportunity for economists to prognosticate on the future; however, there has been a common theme among the forecasts. We are...
Owners, Developers, Contractors, and Designers are all experiencing the current economic expansion. With project volume up, most parties are enjoying a profitable 2014; however, now is often when management makes the critical mistake that has a long term effect on the company. The key pitfalls...
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...
Over the past few weeks, multiple TV talking heads have been discussing the pros and cons of our economic recovery. It has been interesting the generalities they use to offer an opinion as to what is going on but rarely do they offer facts to...
December is when businesses take time to assess their successes and establish goals for the following year. Looking forward into 2014, business goals will include increasing revenue and adjustments to construction products and services. Price adjustments for 2014 will have an effect on your project...
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...
Mr. Boyken was asked by Hotel Executive to be a guest writer for their June 2011 edition. Because of Mr. Boyken's extensive knowledge of the construction economy, Hotel Executive asked him to write about his responsibilities as CEO and how he grew his program management firm to one...
