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Construction Extraction – January 25, 2024

1/25/2024

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Unveiling Bold Brews and Breaking News within the AEC Community - January 25, 2024

Dive into the latest construction insights from the USA and enjoy a unique coffee experience with Steady State Adanech. Join us at Construction Extraction for a blend of industry trends and coffee culture.  Construction Trends in the USA: January 17-23, 2024  Industry Outlook: A Cautious Approach  The construction sector is showing signs of slowing down through 2025. Key factors contributing to this include tighter credit conditions affecting construction lending, higher input costs due to inflation, and declining commercial property values. The industry is also experiencing structural changes in demand, especially in commercial and residential segments​. Industry Outlook: A Cautious Approach ​ Opportunities and Challenges Ahead  Despite these challenges, the industry remains optimistic about growth in manufacturing, transportation infrastructure, and clean energy infrastructure, thanks to funding from key legislation. However, firms are grappling with inflation, volatility in material prices, increasing labor costs, and a persistent shortage of skilled labor.  Opportunities and Challenges Ahead  Embracing Retrofitting and Digital Transformation  The trend of retrofitting existing buildings is gaining momentum. Firms are focusing on retaining the existing building fabric and enhancing its potential, balancing between minor interventions and full demolition. Additionally, the industry is witnessing a transformation with the adoption of digital tools and technologies to improve efficiency and sustainability​. Embracing Retrofitting and Digital Transformation  Labor Market Dynamics  The construction industry is facing a tight labor market, particularly for onsite craftworkers. There's an ongoing need for effective recruitment strategies and a focus on collaborative KPI dashboards for efficient project management​. Labor Market Dynamics   Bold Brews Corner: Steady State, San Marcos, CA Coffee of the Week: Adanech - Funky & Fruity  This week, we’re featuring
Dall-E’s visual summary for this blog post.
Dive into the latest construction insights from the USA and enjoy a unique coffee experience with Steady State Adanech. Join us at Construction Extraction for a blend of industry trends and coffee culture.

Construction Trends in the USA: January 17-23, 2024

Industry Outlook: A Cautious Approach

The construction sector is showing signs of slowing down through 2025. Key factors contributing to this include tighter credit conditions affecting construction lending, higher input costs due to inflation, and declining commercial property values. The industry is also experiencing structural changes in demand, especially in commercial and residential segments​. Industry Outlook: A Cautious Approach
​
Opportunities and Challenges Ahead

Despite these challenges, the industry remains optimistic about growth in manufacturing, transportation infrastructure, and clean energy infrastructure, thanks to funding from key legislation. However, firms are grappling with inflation, volatility in material prices, increasing labor costs, and a persistent shortage of skilled labor.  Opportunities and Challenges Ahead

Embracing Retrofitting and Digital Transformation

The trend of retrofitting existing buildings is gaining momentum. Firms are focusing on retaining the existing building fabric and enhancing its potential, balancing between minor interventions and full demolition. Additionally, the industry is witnessing a transformation with the adoption of digital tools and technologies to improve efficiency and sustainability​. Embracing Retrofitting and Digital Transformation

Labor Market Dynamics

The construction industry is facing a tight labor market, particularly for onsite craftworkers. There's an ongoing need for effective recruitment strategies and a focus on collaborative KPI dashboards for efficient project management​. Labor Market Dynamics


Bold Brews Corner: Steady State, San Marcos, CA
Coffee of the Week: Adanech - Funky & Fruity

This week, we’re featuring "Steady State Adanech" from San Marcos, CA. This single-origin Ethiopian coffee is known for its funky and fruity profile, offering a light-medium roast with a jammy-berry sweetness, complemented by stone fruit and floral notes.

Why We Love It

This coffee, with its vibrant and dynamic flavor profile, mirrors the evolving and multifaceted nature of the construction industry. It’s perfect for a creative brainstorming session or a relaxing break from a busy day.

Discover More:
  • Steady State Adanech on Drink Trade
  • Steady State Roasting Company








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  • CBHerman
    • CV/Resume
    • Instructor Roles >
      • PURE Project Manager® Instructor
    • Projects >
      • The University of Texas MD Anderson Cancer Center
      • The University of Texas Health Science Center at Houston
      • Hill International, Inc.
      • Academy Sports + Outdoors
      • francesca's
      • WRL General Contractors
      • Charter Builders, Ltd.
      • Continuing Education
    • Newsletter/Blog Previews
    • Contact
  • PURE Project Manager® Instructor