Technology is touching and reshaping almost all industries across the globe. And construction is no different. People have this misconception that construction is a low-technology industry. However, the truth is construction sector is an amalgamation of some other professions such as engineers, architects, specialists in various other works such as maintenance, renovation, and other site work. And with the adoption of technology, the demand for innovation has increased and had dramatically changed the dynamics of the industry. Here is how technology has helped the construction industry evolve:

1. Mobile applications and Smartphones
This is the most widely adopted technology across various industries. With many easy-to-use mobile applications, construction executives can now easily access, share and edit project related documents even while they are working on the project site, away from their PCs.

2. Laser Scanners
When it comes to assessing as-built conditions or sites, using laser scanners has helped improve the efficiency of work. Using a laser scanner, a construction executive can perform field measurement. These laser scanners capture each and every geographic detail in the form of “point cloud” data. This is an extensive set of points on a coordinate system. These are highly accurate and show the exact condition of the space or the facility. Laser scanners are useful when analyzing any changes or clashes between the existing conditions and the new building elements. You can easily feed the acquired data into CAD or BIM files. This helps in saving time and cost.

3. BIM
This is yet another widely implemented technology that has changed the way construction projects are handled and managed. The latest versions of BIM incorporate a greater amount of information into it. For instance, scheduling, referring to the historical data and another database for improving the delivery of information regarding the conditions of the site, etc. Technological advancement has also enabled connecting BIM models to various devices to the site, facilitating real-time sharing thus improving productivity. It’s also becoming commonplace for all the team members to have access to the BIM model of a project. The BIM model has become a required deliverable to the operations team as well.

4. 3-D Printers and Robotic Constructors
3-D printing is now widely used for creating construction components such as plastics, extruded concrete, and other materials for creating building components or even the entire buildings. For instance, in 2016, the world’s first 3-D-printed office was constructed in Dubai. Along with 3-D printers, robotic arms are also used to print a variety of forms. They are also used for construction works such as placing bricks demolition, and excavation.
Source: http://newatlas.com/3d-printed-office-dubai-completed/43522/

Technology has facilitated automation and innovation in the construction industry. Keen to be a part of this evolving industry? We can help. We are one of the leading construction executive recruiters in Florida. Get in touch with us at http://www.constructionhunters.com/contact/

If you’re in the construction industry, then we’ve jotted down important facts for you. Read on –

1. According to the U.S department of Labor (2000), every year over 440,000 people become apprentices in the construction industry. They receive training under 37,000 apprenticeship programs.

https://www.doleta.gov/programs/factsht/pdf/apprenticeship.pdf

2. A report published in 2007 by the California Employment Development Department showed that on a statewide basis, the construction industry in the state hires about 800,000 workers annually.

https://books.google.co.in/books?id=-Arr9VoWc7IC&pg=PA22&lpg=PA22&dq=construction+industry+employs+approximately+800,000+workers&source=bl&ots=Rpcug5UWVG&sig=CM0nmLZdTBpeoS4VMQF21IhdKnw&hl=en&sa=X&ved=0ahUKEwiTkMSJxvfMAhXmI6YKHQ9oDGYQ6AEIMTAF#v=onepage&q=construction%20industry%20employs%20approximately%20800%2C000%20workers&f=false

3. According to a report published by the Bureau of Labor Statistics in 2012, the construction industry employs almost 6.9 million people annually.

4. The United States with a market share of around 10 percent is the second largest construction market worldwide.

http://www.statista.com/topics/974/construction/

5. According to a study by the Associated Builders and Contractors (ABC) in 2015, the construction industry was estimated to make steady progress in 2016. It also predicted increases in non-residential construction spending by 7.4%.

https://www.abc.org/NewsMedia/ConstructionEconomics/ConstructionEconomicUpdate/tabid/270/categoryid/46/

6. It is forecasted that within the next several years, the construction industry in the US will create 58.4% of the total jobs in the country.

7. Do you know that the construction industry is the second largest employer in the USA? It is preceded by the US Government that recruits the most number of employees including the armed forces.

https://awsweldlink.org/businesses/page/construction-industry

8. According to census data prepared by the U.S. Small Business Administration, in 2004, almost 99,000 of the total 630,000 construction firms have opened since 2003. However, almost 77,000 firms went out of business during the same year.

http://rermag.com/headline-news-0/quick-facts-about-construction-industry

9. According to the Statistics of U.S Business Employment and Payroll, 2012 released by the U.S. Department of Commerce, in 2005, almost 91% of construction firms had less than 20 employees. Only 1% of the firms surveyed had an employee count of more than .

http://rermag.com/headline-news-0/quick-facts-about-construction-industry

10. According to the Bureau of Labor Statistics, in November 2007, the average income of an employees in the construction industry was $21.27 per hour. This was higher than the average income of non-supervisory employees in all private industry.

Are you looking for a construction employment agency in the US? Then we are just a call away. Call us at 214-935-3626.

This is the first time that the U.S. Census Bureau us publishing economic statistics for geothermal, biomass, wind as well as solar electric power generation. Within 2007 and 2012 the revenue has risen from $6.6 billion to $9.8 billion (49% rise). In the same time duration (between 2007 and 2012), the electric power generation industry witnessed an overall 1.2% decline in its revenue from $121.0 billion to $119.5 billion. This total decline came mainly from the fossil fuel electric power generation industry whose revenue fell from $85.4 billion to $79.7 billion (6.7%) within the same time span (2007-2012).

The Renewable Energy Revenue:

The 2007 Economic Census included wind, biomass, geothermal along with solar electric power generation within the broader “other electric power generation” industry instead of being given specific designations. These industries received separate designations from the 2012 Economic Census with only the tidal electric power generation falling under the “other electric power generation” designation. The newly delineated industries including solar and other electric power generation, wind, biomass and geothermal, all have doubled over the five-year duration from 312 to 679 (2007-2012).

John H. Thompson, Census Bureau Director, says, “As industries evolve, so does the Census Bureau to continue to collect relevant data that informs America’s business decisions”. He further adds, “Industries that use renewable energy resources are still relatively small, but they are rapidly growing.”

The Revenue Count:

A total of $5.0 billion was the revenue rounded up for wind electric power generation in 2012, which is the highest revenue when compared with other renewable energy resources. It was closely followed by the hydroelectric power generation (a revenue of $2.4 billion), biomass electric power generation ($934.6 million), solar electric power generation ($472.4 million), along with other electric power generation ($59.0 million).

When combined together these industries formed a small part of the total electric power generation industry and collectively accounted for $9.8 (8.2%) of the total industry revenue in 2012. Nuclear electric power generation and fossil fuel still continue to play the part of major contributors of revenue comprising of $29.9 billion (25.1%) and $79.7 (66.7%) respectively.

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The good news is that the real estate market has been able to find its way back from the edge, almost one-third of the path into a pre-bubbled, normal market. But the bad or sad news is that it will take a whole year to complete the journey. Also, this process of recovery may take longer time if economy falls down again.

The Housing Barometer:

The new housing barometer of real estate website, Trulia, shows that the industry is just beginning to recover from the hard blows it received at the time of recession. The Chief Economist of this website, Jed Kolko, observed the existing home sales, rate of foreclosures and delinquencies as well as construction starts, and then combined all these indicators to prepare the barometer. According to Kolko, homebuilder confidence is indicated in a proper way through housing starts , while the foreclosure rate and the number of sales illustrate the consumers’ confidence level and financial stability.

Achieving Full Recovery:

This barometer also shows that our nation is 34% higher than the market trough when measured on these metrics, in comparison to 16% measured a year ago. So, we can be sure that the direction of the movement is most definitely the right one, but in case the pace of recovery is the same as now, 100% recovery cannot be achieved until 2015’s end.

The ‘New Normal’:

Kolko also says that the ‘new normal’, on arrival, may not share the same appearance as the market prior to the bubble followed by the crash. For example, Kolko says that ‘the homeownership rate probably won’t go all the way back up to what it was before the bubble and that’s both because of people being more risk averse about homeownership and it’s also demographic’. More number of baby boomers who are downsizing their accommodations might rent rather than buy.

Kolko opines that if the recovery of the economy is quicker, then that would accelerate the recovery pace for real estate industry and raise the housing demand. In contrast, in case of any other factors driving U.S. back into a state of recession such as crisis in Europe, the estimate doe 2015 may become overly optimistic.

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The number of new home constructions in the U.S. has marginally fallen in November. This only reflects the weakness in single-family home construction. According to the Commerce Department’s report, builders began construction in November at an annual rate that is seasonally adjusted at 1.03 million apartments and homes. This showed a 1.6% decline from October’s 1.7% gain in construction activity.

The weakness observed on November has resulted due to a 5.4% fall in single-family home construction, that has offset the 6.7% rise in the apartment sector which is more volatile in nature. There was also a notable fall of 5.2% in building permit applications as it settled to a seasonally adjusted annual rate of 1.04 million. The housing sector is expected to regain momentum in the year 2015, as the analysts believe that increase in employment will trigger home sales.

It is the opinion of economists that the November decline in the construction sector is not a very good news but is partially caused due to the extreme snowy weather in most parts of the nation. November 2014 was the coldest in 14 years.

One of the senior economists at BMO Capital Markets, Jennifer Lee, observed that the construction activity in October had been revised by 3.6% and the construction activity in September, October and November had crossed the 1-million mark. She remarked that easier lending standards, low mortgage rates and strong job growth will act as supporting pillars for the housing sector.

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Event Risk Gets a Permanent Place:

The fact that investors move in a sequence form ‘core’ to ‘opportunistic’ is no longer new to interviewees, but the 2015 trend will see this distinction being heightened with the passage of time, as noted by the interviewees. This is because of the fact that the interviewees are disturbed by several ‘event risk’ subjects such as natural disasters, geopolitical risks and global unrest. This is also the reason why increase in investment volume in the year 2015 is mostly dependent on international investors as they are considered to be the most attractive prospect for the same, reports the survey.

More Intensity in the Technology-Real Estate Relationship:

Not a single reals estate form is exempted from technology’s exponential expansion. According to interviewees, technological disruption may be responsible for paving new business environments and tools, cycling forward as user demand source and opening new paths for business at a time when maximum traditional industries are getting sluggish. Today, technology is accelerating change in locations, demand levels and space use.

The present day norm includes strategizing, anticipating and responding to new technologies prior to them going mainstream. In an overall basis, the fear and apprehension related to technological disruption is lowering, as told by the surveyed respondents. For example, crowdfunding and e-commerce are now being viewed as adaptation challenge, especially as the retailers have become “omnichannel distributors” and the e-tailers have started opening brick-and-mortar stores.

Keeping Track of the Emerging Concerns:

There is also a dark side to the positive emerging real estate trends for 2015. Although, it is true that up-cycles yield optimism, but too much of optimism may be responsible for bad investment patterns. Nevertheless, excess leverage and overbuilding in most cycles have, in all probability, initiated momentum building by this time. The real estate industry seems to have learned lessons on self-correction and self-regulation.

The Significance of Housing:

The real estate residential trend, as observed by the interviewees, seems to be going back to the principles of demand and supply. With this major segment of economy returning to classic fundamentals, it is assumed that confidence in residential sector will continue to rise.

So, now that you have a clear picture of what the trends in real estate might be in 2015, you can make a wise investment in this industry.

From January 2007 until last year, the construction industry laid off nearly 2.2 million workers and now that the home-building construction market along with commercial building sector are beginning to strengthen, the industry is facing an issue of finding workers.

Contractors in Texas, Iowa, Florida, and Arizona are feeling the affects of this shortage more than other states, but it is expected to spread across the U.S. over the next few years.

During the downturn in the construction industry, thousands of workers moved states to find work, retired or left the construction industry and found new fields to work in. Now that the industry is beginning to pick back up, some areas have been left with very few workers to help with the recent activity.

Many construction workers changed to positions such as truck driving, factory work, or oil rig work after the massive layoffs. The fact that the Baby Boomer generation is reaching the age of retirement and recent high school graduates are highly encouraged to go to college instead of entering the construction field are other reasons that the supply and demand gap exists.

This year, the number of building permit applications that have been filed for homes and apartment complexes has increased by nearly 31 percent over last year, according to the Census Bureau. As of September, the total construction spending is also up by 14 percent from February 2011, when the market hit an all-time low.

Construction on new homes in the U.S. has climbed to a four-year high during the month of October. According to officials with Bloomberg, these numbers are much higher than the Commerce Department estimated.

Statistics show that the housing starts raised 3.6 percent to an 894,000 annual rate. The number of single-family homes has also increased to the highest rate of four years.

Economists have said that these numbers show signs that the housing industry is improving and that this will help the overall US economy.

It has been thought that a lower risk in falling property values as well as record low mortgage rates, may be the reason for the decline. There is no longer a large supply with the new increase in demand. Economists have stated that this is a good sign for the construction industry.

With an increase in housing construction, companies may be able to expand their business and create new jobs for the industry. The construction headhunters at Construction Hunters know the importance of leadership in a construction firm and are here to help you find the best fit for your business. We use a confidential search in order to find the most talented people in the industry.  Contact us today in order to discuss the options available to you.

The building construction industry is a fast-paced industry that is constantly changing. It is important for companies in these industries to stay up-to-date with these growth changes by making sure qualified individuals are holding key positions in the companies. Due to the high-speed nature of this industry, companies are not always able to recruit for these high-level positions on their own.

Construction head hunters are available to find the right candidates for these positions. An agency that specializes in construction executive recruitment can take the pressure off of the construction company in relation to the hiring process. Construction Hunters is a construction recruitment agency that specializes in finding candidates for positions, which include:

• Project Executive
• Chief Estimator
• General Project Manager
• Project Manager
• Superintendent

In order to successfully match a candidate to a construction company, many factors are considered. One factor that is part of the equation involves deciding whether or not a potential candidate is interested in a specific field of the construction industry. These fields can include engineering, renewable energy, and architecture.

If your company has open positions in the building construction industry to fill, you should consider hiring a professional recruitment agency to meet your needs. Please contact the construction recruitment agency, Construction Hunters, by calling 214-989-6846 today.

The Boston-based company, Shawmut Design and Construction, has just appointed a new vice president of community relations. The new vice president of community relations will be Mr. Bill Walczak. Mr. Walczak was a co-founder of the Codman Square Health Center, and has also been the president of Carney Hospital.

Mr. Walczak was the president of Carney Hospital for 14 months before choosing to leave the hospital in April. He has also founded a public school and a nonprofit organization in the state of Massachusetts. At his new position for Shawmut Design and Construction he will be responsible for “enhancing Shawmut’s profile within the community, expanding existing client relationships, developing new relationships, and making recommendations on philanthropic endeavors.”

Shawmut Design and Construction company is headquartered in Boston, Massachusetts, but also has offices located in Las Vegas, New York, New Haven, and Providence. The construction company has a long list of clients that include Boston College, Museum of Fine Arts Boston, and Brigham and Women’s Hospital.

If your construction company is looking to hire an employee for an executive position, you should contact the executive recruiting agency of Construction Hunters in order to acquire the best possible candidate for the available position. Please call the executive search firm of Construction Hunters at 214-989-6846 today.