Rigid PVC Sheets In Construction Industry

PVC is a versatile material and PVC sheets can be produced to meet special application needs. Rigid PVC sheets can, for example, be used as wall cladding, roofing, skylights and partitions in the building construction industry. One major advantage is that producers can incorporate special properties tailored to meet customized needs through processing the PVC sheets by adding other materials or otherwise. For example, they can be made resistant to chemical corrosion, or translucent to let in natural daylight while at the same preventing harmful UV light. We look at a few typical construction industry applications of PVC sheets in the sections below. Wall Cladding Applications Plastic wall cladding can provide beautiful interiors in colors and patterns suited to selected themes. In places where food is made, stored or served, PVC sheets are ideal in that they do not permit ingrained accumulation of dirt (as timber does), are impermeable to water and dampness and can be cleaned and dried easily. Hygienic PVC sheets with anti-microbial properties have also been developed, according to some manufacturer claims. Roofing Applications Sheets with heat-reflecting exteriors can reflect the sun’s heat away from the areas below the roof, leading to a cooler environment. Greenhouses can do with roofs with high light transmission and condensation control properties. Reinforced sheets can provide high strength and excellent insulation in situations where these are critical. There are also lightweight sheets that are specially designed for high strength. The above illustrations highlight the adaptability of the plastic material to meet different roofing needs in different environments. Skylights for Large Public Structures Many modern roofs of large structures have unique characteristics, very different from conventional roofs. Architects come up with specially designed coverings to reflect special themes for such public structures as an Olympic stadium. PVC sheets and composites can be custom-made to provide needed structural strength and meet the additional special requirements such as unique colors, semi-transparency to let in natural daylight, acoustical insulation and unbreakability. Partitions in Different Environments In places with a corrosive chemical environment, ordinary partitions might need frequent replacement and can cause other problems. PVC sheets can be customized to make non-corrosive partitions that have high chemical resistance and fire retardance. Partitions with high impact strength or suitable for curved walls or with dark colors for hot climates are other examples of tailor-made solutions. PVC Sheets and Composites Can Deliver the Solution You Want PVC sheets acquire different kinds of properties when other materials are added or through special kinds of processing. What we get as a result is a material that is tailored to the customized requirements of the context. They also come in attractive colors that can fit your tastes or complement a particular theme. Yet another advantage is that the products can be designed for easy installation. Even DIYers can handle the smaller installations. Conclusion PVC sheets can acquire many kinds of properties such as translucence, chemical resistance, unique colors, heat reflectiveness and so on. This ability makes them ideal solutions for many construction industry applications. PVC sheets and composites are widely used in roofing, walls and wall cladding, skylights and other areas. Published at: https://www.isnare.com/?aid=209376&ca=Education

Will Robots Take Within the Construction Industry?

How many times have we heard politicians promising to bring back manufacturing jobs to the USA? Maybe I’m over thinking it, but unless you’re making some very expensive items it is going to be challenging to offer American workers minimum wage and put together such and key-chains. Come to think about it, there are many very expensive items like all of Apple’s products which sell for tens of thousands or hundreds of dollars and have low material price. Those elements could be fantastic to make in America and pay workers a decent wage. Wait, why manufacture here when they are able to pay a few hundred dollars per month to do it overseas? And so the problem continues. As sales manager for Union store fixture and mill work facilities I understand more than ever important labor unions are to our work force. With many Americans working than ever we see many corporations cutting on shifts -hours so they are ineligible for health benefits. We are learning to be a nation of part time workers, which is not likely to endure us live the American dream and to raise families. As a result of Labor Unions such as the International Brotherhood of Carpenters, which we’re members of, there are a few safeguards. We often sit around and talk about the future of our kids along with the brand new generation as it pertains to what sorts of occupations will be accessible to them. Technology comes up a lot. Together with the world becoming smaller (thanks to the internet) it also becomes more competitive and cost aware. Computers and robots have replaced many manufacturing jobs. A bottling plant to get a drink company can replace 100 workers that are human using some stations that are robotic and just 2 human workers to turn them on and off. More individuals jobless by technology. Many young school graduates have studied robotics in the expectations to construct a vocation in that area. You’ll find firms that are really designing robots capable of building robots! Now let’s get onto building! We as union carpenters, while more states embrace “right to work” are still believing secure that a man with tools will also are employed. Well, I felt exactly the same fashion until I researched the robotics sector and discovered a startling new theory: Robotic construction workers! Engineers then left them alone, and supplied the robots with construction patterns. The TERMES constructed the constructions by responding to the other robots around them–with no further instruction from people and detecting. Because they work alone, the exact same construction plan could be carried out by a dozen TERMES or a hundred of these. Because their directives are so simple–put a brick down that fits in the building plan, where no one else has laid one down- they need little processing ability. Bricks that are constructed are used by the prototype TERMES to build towers, castles, and pyramids. The researchers say they may also manage simple tasks like laying sandbags down before floodings. Visualize construction sites where robotics replace human workers. Construction workers and carpenters can be displaced by the robots as well as the sites demanding just minimal supervision. The truth is that they’ve successfully created the beginning phases of this technology’s development, while it is still in model. While those of us middle aged carpenters may not have to compete with R2D2 taking over our jobs, future generations may well have to manage this specific new technology that can endanger their livelihood. My advice to those up and comers in the industry….become a shop steward in order to see over the robot workers! There is an interesting video put out by Harvard that shows these Termes in action: http://youtu.be/LFwk303p0zY About the author: Martin Chase is National Sales Director at Store Force, Inc., leading Union store fixture installers providing clients with fixture and mill work installations around the country. Martin can be reached at 631-672-3150 or by email at: [email protected] Published at: https://www.isnare.com/?aid=1915636&ca=Business

Will Robots Take Within the Construction Industry?

How many times have we heard politicians promising to bring back manufacturing jobs to the USA? Maybe I’m over thinking it, but unless you’re making some very expensive items it is going to be challenging to offer American workers minimum wage and put together such and key-chains. Come to think about it, there are many very expensive items like all of Apple’s products which sell for tens of thousands or hundreds of dollars and have low material price. Those elements could be fantastic to make in America and pay workers a decent wage. Wait, why manufacture here when they are able to pay a few hundred dollars per month to do it overseas? And so the problem continues. As sales manager for Union store fixture and mill work facilities I understand more than ever important labor unions are to our work force. With many Americans working than ever we see many corporations cutting on shifts -hours so they are ineligible for health benefits. We are learning to be a nation of part time workers, which is not likely to endure us live the American dream and to raise families. As a result of Labor Unions such as the International Brotherhood of Carpenters, which we’re members of, there are a few safeguards. We often sit around and talk about the future of our kids along with the brand new generation as it pertains to what sorts of occupations will be accessible to them. Technology comes up a lot. Together with the world becoming smaller (thanks to the internet) it also becomes more competitive and cost aware. Computers and robots have replaced many manufacturing jobs. A bottling plant to get a drink company can replace 100 workers that are human using some stations that are robotic and just 2 human workers to turn them on and off. More individuals jobless by technology. Many young school graduates have studied robotics in the expectations to construct a vocation in that area. You’ll find firms that are really designing robots capable of building robots! Now let’s get onto building! We as union carpenters, while more states embrace “right to work” are still believing secure that a man with tools will also are employed. Well, I felt exactly the same fashion until I researched the robotics sector and discovered a startling new theory: Robotic construction workers! Engineers then left them alone, and supplied the robots with construction patterns. The TERMES constructed the constructions by responding to the other robots around them–with no further instruction from people and detecting. Because they work alone, the exact same construction plan could be carried out by a dozen TERMES or a hundred of these. Because their directives are so simple–put a brick down that fits in the building plan, where no one else has laid one down- they need little processing ability. Bricks that are constructed are used by the prototype TERMES to build towers, castles, and pyramids. The researchers say they may also manage simple tasks like laying sandbags down before floodings. Visualize construction sites where robotics replace human workers. Construction workers and carpenters can be displaced by the robots as well as the sites demanding just minimal supervision. The truth is that they’ve successfully created the beginning phases of this technology’s development, while it is still in model. While those of us middle aged carpenters may not have to compete with R2D2 taking over our jobs, future generations may well have to manage this specific new technology that can endanger their livelihood. My advice to those up and comers in the industry….become a shop steward in order to see over the robot workers! Published at: https://www.isnare.com/?aid=1915636&ca=Business

Leading the Way With the Construction Industry

The construction industry is by far the most booming industry in the whole world today. This industry mainly focuses not just on highly or plainly developed areas but also even to the ones that are far from the urbanized spaces. Construction is the medium of putting the dream house we would like to consider as home; construction is the medium of putting into reality our desired building for our desired business entity. Simply, this industry indeed is a very essential ingredient to the success of every individual there of who aspires for a better tomorrow. As we all know, the industry itself is very versatile. It does not only build houses or homes, it does not only build buildings, but it also constructs bridges, roads, and other factors that comes in the same category only to aid in the progress of everything (geological and geographical development, public properties, and many more). General construction caters much on the building of real estate’s that could either be used as residential, or commercial asset depending on the owner’s wish of usage. Construction even incorporates specialty trades touching specialized items such as electric related works, wood works, steel works, and many more. Of course, people who are highly trained to do so and have mastered (or if not, knows more of the industry’s branches in advanced level) different construction categories are called contractors. Contractors are usually the ones who are in-charge of the over all process of the project. They manage man power, usage of materials as per requested by the client or other possible circumstances, work loads, and lastly, the security and safety of every construction worker involved. He strongly emphasizes and enforces close to perfection strategies that would only contribute nothing but progress to the worker’s skills, and for the project’s success itself. Contractors, depending on their specialties do not incorporate with them other kinds of specialized trades or heavy engineering work. The same thing also works for other kind of contractors. Because of the industry’s vast growth and development in the public’s eye today, many people from the rural areas have come to the more urbanized ones for a better and greener tomorrow. A lot of them have taken their chances in it and have been reaping quite a fair amount of money for their families. Although construction career varies by country, there are three main bases of rank for every worker: Unskilled and Semi Skilled (fair site labor with a few or worse, no construction qualification), Skilled (workers who possesses extensive knowledge on the job and has a few past experiences in their specialties), and lastly, Technical and Management (construction personnel with great education qualifications, mainly pertaining to the ones who are graduates of a degree course related to construction and who has the perseverance to instruct, and construct project operations). Today, construction is not just merely considered as a job, but also a bridge in helping people achieve the things they need to have in them. And they are the only ones who know what those are. Nevertheless, contractors and construction workers are always available everywhere to help us. Published at: https://www.isnare.com/?aid=661110&ca=Business+Management

Getting Ahead in the Construction Industry

With new regeneration and Government housing targets, the construction industry is facing the toughest challenges yet. With new projects in commercial and residential developments, growing pressures for sustainable and low impact development and the need for low cost housing, better and faster results are being expected from everyone involved in the construction industry from planners to those on site every day. As a result of all these new opportunities and challenges in construction there are new construction jobs becoming available every day throughout the entire sphere of the industry. The experience and level of qualification required is also changing, and may require due consideration if you are searching for construction jobs. Entry into the construction industry can come about at any level of education with on the job training and work experience still seen as one of the main requirements for any employer. Obviously, there are specific vocational qualifications required for specialised jobs such as architecture, building and quantity surveying and building engineering, but in general the construction industry places high value on practical ability and experience. On the job training could include modern apprenticeships, advanced modern apprenticeships and other industry-related qualifications, for example, Edexcel and City and Guilds qualifications in carpentry and joinery. There are also many forms of college training courses available to help you progress up the ladder and when combined with on-site experience the construction industry will become more open to you no matter what your previous career choices. Of course, having a degree in your chosen area is a huge boon to any employer as most vocational degrees involve an element of practical learning and training meaning you are employable immediately and are already trained to industry standards. The construction industry sector also covers the highways and roads of the UK and many people enter this area with a BTEC First Diploma in Construction and move on once they have further experience on site. Whether refurbishing existing buildings, creating new spaces, or maintaining the safety of roads and highways, the construction industry is responsible for our safety and the safety of its employees, therefore it should come as no surprise that when it comes to qualifications its important to ensure you have fulfill the relevant safety requirements for working on site, regardless of the position you are looking to hold. Most crew onsite will be expected to have the basic certification in Working at Heights, for example, and where relevant site workers will require a Fork Lift Truck Driving license or a specific vehicle license appropriate to the task in hand. Those aiming to operate heavy machinery on site should carry the newly introduced CPCS card in order to prove they have the relevant competence and skills. With larger contractors looking to fill positions as diverse crewmembers and project managers in all aspects of development and regeneration, there are many opportunities continually arising in all aspects of the industry. There are also plenty of courses available to retrain and improve your knowledge of this continually changing industry, whether you’re new to the job or simply want to improve your standing within the industry. Duncan freer – Director – Construction Jobs Search is a job site dedicated to the specific needs of candidates who work in the building services and construction industry in the UK. We also provide recruiters with an online service that is effective in terms of cost and ease of use. For interviews, images or comments contact: Duncan freer, Director, Email: [email protected] Published at: https://www.isnare.com/?aid=274308&ca=Business

Careers in the Construction Industry

Construction is a huge sector of the British economy – UK construction output is the second largest in the EU and contributes 8.2% of the nations GVA (Gross Value Added). The construction sector is big business – 250 000 firms employ 2.1 million people in a multitude of roles – a figure expected to increase to over 2.8 million by 2011; that’s over 7% of the UK’s workforce. The industry can be defined as covering construction materials and products in addition to including suppliers and producers; building services manufacturers, providers and installers; contractors, subcontractors, professionals, advisors and construction clients as well as companies involved in the design, build, operation and refurbishment of buildings. In the near future the most buoyant sectors are predicted to be public housing and infrastructure with government driving growth. The highest investment allocated is the ‘Building Schools for the Future’ programme (£4.7billion), followed by the 2012 Olympics budget. Next strongest is expected to be the commercial sector, due to the continuing recovery of London’s office building market. Locations other than London include Northern Ireland and South East England; these are also forecast to undergo more than a 10% employment growth rate over the next five years. Depending upon the Government’s energy policy review, nuclear energy could become the fastest growing area within UK construction in coming years. Many British engineering consultants, production managers and civil engineering specialists are already preparing for the much anticipated wave of decommissioning old plants and the design and build of new ones. Construction Jobs come in many different shapes and sizes. This vast and diverse sector provides opportunities in both well-known fields and niche areas of work. Job titles include Architect; Building services engineer; Building surveyor; Civil engineer; Electrical engineer; Facilities manager; and Quantity surveyor. Here’s some job information on a couple of the better-known roles in the industry: Architects Involved in each stage of the project from site selection right through to completion, architects work closely with clients, officials, other professionals including engineers and surveyors. From project beginning to end architects need a clear and professional understanding of the complex processes involved in the planning, design and completion of new and regenerated building construction. Civil Engineers A very ‘hands on’ and creative position, civil engineers are heavily involved in project design, development and construction – a role key to ensuring safe, timely and cost controlled project completion. Among their many responsibilities are supervising tendering, proposals and contractors; managing budgets and change; leading teams and communicating effectively with colleagues, architects, subcontractors, consultants, and clients; scheduling material and equipment purchases and delivery; ensuring that a project runs smoothly and that the structure is completed on time and within budget. Quantity Surveyors A Quantity Surveyor’s primary responsibility is to manage all the costs relating to building schemes. From initial pricing through to project completion the aim of the QS is to minimise costs and maximize project value for money whilst still matching appropriate standards and build quality. Many standards are specified by statutory building regulations – regulations that a QS must be aware of, understand and adhere to. Published at: https://www.isnare.com/?aid=266658&ca=Business

How the Recession Is Affecting the Commercial Construction Industry

The ‘Great Recession’ theoretically lasted about 18 months, from 2007 to 2009. Recovery has been agonizingly slow in many industries but we are now in 2015 and the construction industry is more rapidly shrugging off the residual effects of the recession.

How Bad Was It?

Even though construction industry is cyclical and recession typically follows a boom period, nothing could have prepared it for the harsh and widespread reach of the recession:

Residential: Homeowners defaulted on homes and others delayed buying homes, leading to a glut of residential real estate languishing in realtors’ inventory.

Commercial: Commercial construction also was hard hit, severely impacted by the federal budget sequester and eventual-but-temporary shutdown, followed by scaled back government spending, and sharply reduced lending practices.

Institutional: Institutional construction remained stagnant, affected by the same limitations and funding problems that the commercial construction sector faced.

How Were Construction Workers Affected?

Nevada, California, Florida, and Arizona are typically areas with plenty of construction work. But the recession changed that:

Nevada employed an estimated 146,000 construction workers at the peak of its construction boom. That number was reduced by 59 percent.

Arizona’s construction employment dropped 50 percent from its pre-recession industry peak.

Florida was close on the industry-related unemployment heels of Nevada and Arizona, losing 40 percent of its construction workforce.

California fared better but still recorded a 28 percent drop.

According to the U.S. Bureau of Labor Statistics (BLS), approximately 2.3 million construction workers lost their jobs in the recession (nearly 30 percent of the total number of lost jobs).

The overall construction industry has an estimated 1.4 million fewer construction workers in 2015 than it did in 2007.

The Construction Outlook in 2015 and Beyond

Happily, the U.S. and its construction industry continue to move away from the harshest effects of the Great Recession. Industry observers expect to see these improvements:

Non-residential construction: picking up and looking more solid, especially with the expected 2.6 percent real GDP growth in 2015. This sector may rise by 8 percent with growth in office buildings, hotels, and industrial facilities.

Single family housing: expected to increase by 11 percent in the number of residential units, thanks to easier access to home mortgage loans.

Manufacturing plant construction: will probably drop about 16 percent after huge increases of 2013 and 2014.

Institutional construction: expected to continue its moderate upward trend and increase 9% over 2014 results.

Residential construction: called the potential ‘wild card’ of 2015 because of rising interest rates. Existing home sales may climb toward 10 percent.

Public construction: growth will remain low due to ongoing federal spending constraints. However, transportation spending is expected to grow by about 2.2 percent.

Ironically, construction workers may not be rushing to return to new jobs. Many left the industry altogether, retraining for other employment.

Texas and North Dakota both show significant increases in construction employment. North Dakota now needs to recruit construction workers. Texas’ construction employment is up 10 percent, nearing its pre-recession peak.

Economists don’t expect the construction industry to return to its peak level (2006) until 2022 or later. However, the BLS anticipates that the fastest-growing jobs now and 2022 will be in healthcare and construction.

So while the Great Recession did a considerable amount of damage to the overall economy, individual incomes, and morale, 2015 and beyond are looking considerably more favorable in the commercial construction industry.

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Major Components of Indian Construction Industry

Construction in India is the second most important activity, next only to agriculture. The country is on the path of fast development of infrastructures in the fields like education, health, power and research. At the same time, the civil construction projects are on fast tracks to improve the conditions of roads, rails, highways and bridges. In addition, the country has managed to lend construction services and products to the foreign markets too.

The construction activities offered by the construction companies in India have improved in terms of quality. The construction equipment manufacturers follow the international standards to offer advanced technology-based tools. There are four major components that work in favor of the exponentially growing sector. Here is a discussion about them.

Skilled Construction Experts

Architects, civil engineers, project managers and many other important role-players in the Indian construction industry are admired for their skills and talent. Construction project managers from India have the experience and training to supervise different types of projects. In the past one decade, many praiseworthy projects have been completed by the skilled construction teams of the country. Construction labor contraction services are offered by many Indian firms for the recruitment of these skilled workers around the world.

Quality Construction Equipments

When it comes to construction tools and equipments, there are many Indian construction equipment manufacturers engaged in this field. The equipments like bulldozers, scrapers, backhoe loaders, concrete vibrators, earth compactors, concrete mixers, hydraulic excavators and many others are manufactured in the country and supplied to different parts of the world. The focus is one manufacturing technologically advanced equipments that can safe human efforts significantly, reduce energy consumption and are safe.

Top Grade Construction Material

The Indian construction services and products are not limited to construction tools and equipments only. The manufacturers and suppliers engaged in the industry also focus on supplying high grade construction materials in different categories. Glass, ceramic, wood, plastic and many other materials are available with these industry players. In addition, these companies offer hardware materials like pipes and tubes made of materials like PVC, aluminum, copper, bronze and others. Tiles for flooring and a variety of sanitary ware products form other important categories of construction materials from India.

Impressive Construction Services

From expert construction counseling to interior decoration and house and commercial building construction, the construction services from India cover all possible fields. Turnkey industrial construction is one service which is in great demand and the experts from the country are capable of offering it. Real estate construction services from India serve the projects like construction of houses, industrial plants, corporate offices spaces and commercial constructions like shopping malls and restaurants.

The construction services from India have become more accessible with the help of the online business directories. These online marketplaces provide detailed information about the service providers from the Indian construction industry. Small and medium sized equipment manufacturers and suppliers from different parts of the company have made it possible to earn exposure for their businesses through these directories. In a way, these directories have become another major component of the industry.

Author has wide knowledge of B2B Marketplace and Business industries. To know more about construction equipment manufacturers and all related construction services in India, visit online business directory Dir.IndiaMART.com

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The Importance of Construction Industry Solutions

It has been said that the average construction project suffers cost overruns and completion often takes longer than expected. Thanks to Pegasus this should never have to be a problem again.

By using the right industry software you will always be able to complete projects on the scheduled time and within your budget. The industry software that I am referring to is Construction Industry Solutions. With this software you will have complete management control over contracts and sub-contractors as well as effective cash management.

Businesses need to track the costs of purchases and may have sub-contractors who require payment under HMRC’s construction industry scheme regulations. You need to keep on top of payments and always remember that effective cash management is key to making a profit. Construction Industry Solutions was written for SME contractors in the construction and allied industries. It was designed to give instant up-to-date information so that you know exactly what is owed and to who as well as knowing when different payments are due.

Cash management is an essential feature of the construction industry and can make a serious difference to the profit of a contract. Construction Industry Solutions captures all of the relevant contract information across all stages of a job so that the statuses of contracts are immediately available.

One of the key features of Construction Industry Solutions is the contract sales ledger. This maintains the details of current payment applications. It allows current and cumulative revenues together with retention, main contractor discount, etc. Also with contract sales ledger payment, when it is received, can be entered in batches and allocated to one or more applications.

Another key feature that will benefit your construction business is contract purchasing. The purchase order processing system allows the costs of a contract to be monitored by raising purchase orders against a specific contract. As deliveries are received and invoiced, the purchase order is updated.

Contract purchasing is integrated with stock control, allowing stock to be ordered from suppliers against a contract. This feature of construction industry solutions allows you to allocate, reserve and issue stock to a specific contract.

This piece of Pegasus software gives you complete control over all aspects of contract management including payment applications, VAT invoicing and cash receipt matching. It is also fully integrated to sales, purchase and nominal ledgers as well as cashbook and payroll. Construction industry solutions also conform to the requirements of HMRC’s construction industry scheme.

The requirements within the construction sector are highly specialised and Pegasus recognises these complex business requirements within the construction sector. Construction industry solutions also integrates with Opera II, sage line 50 and sage mms.

If you have a business within the construction sector and have not yet invested in a software solution to your management aspects and cash flow aspects then it is highly recommended that you do. Software solutions for the construction industry can dramatically change the way in which your business is run for the better giving you more effective management commitments and more control over your finances.

Helen is the web master of Synergy Technology, home of all your Construction Industry Solution [http://www.synergytechnology.co.uk/articles/showarticle.asp?article=136&cat=2] needs.

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How the Recession Has Affected the Commercial Construction Industry

For some time, I have asked myself (and others), “What was so great about The Great Recession?” This economic crisis has been deemed by the International Monetary Fund (IMF) as the worst world-wide recession since World War II. Its impact has been felt in nearly every industry imaginable, and particularly in the construction industry. It ran its course for 18 interminably long months, between 2007 and 2009; the worst period occurred at mid-year, 2009.

How did it affect the commercial construction industry and what has/will be happening nearly 5 years after the official “end” of the Great Recession?

What happened?

The construction industry is accustomed to cyclical changes but the Great Recession was hardly a typical downturn or cyclical change. No sector of the construction industry was spared from the harsh impact of the Great Recession; not residential, commercial, industrial, or heavy and civil engineering.

One aspect of the recession that is not often mentioned is that the cyclical boom of the construction industry was followed directly by the recession, leaving a large glut of residential and commercial real estate on the market.

As the recession deepened, homeowners were defaulting on their homes, others were not buying homes as they had planned, and investors were being extremely cautious in financing new construction projects.

2012 – 2013 was predicted to be a period of growth and non-residential construction activity was expected to continue its recovery. Once, again, there were recovery delays, fueled in part by government and financial institutions:

A federal budget sequester resulting in scaled back government spending.

A federal government shutdown.

Credit restrictions placed on construction projects, home loans, loans in general.

Increasing long-term interest rates based on expectation of the government reducing its stimulus program.

Those factors, and the extremely slow recovery of the world economy, certainly had a direct and negative influence on the construction industry.

Moving into 2015

So what is the state of commercial construction in 2014 and beyond? Recovery is happening, but not at an increased pace. Factors that (according to industry observers) influenced growth in 2014:

Weather-related delays on projects at the start of the year.

Ongoing sluggishness in the institutional market and lowered construction spending projections.

Financial institutions continued their restrictive lending practices.

Is there any good news? Yes! Let’s look at some of the more favorable changes in 2014 and some positive indicators going into 2015:

Some easing of lending restrictions; loans rose 4 percent in the second quarter of 2014, most of it related to the commercial real estate industry.

Commercial construction projects are rapidly increasing in several regions of the U.S., particularly in Texas (Houston) and the southern region in general, and New York (Rochester and New York City), Massachusetts (Boston), and Louisiana (New Orleans).

Consumers are “cautiously optimistic” and spending is up, as is the increase in jobs.

The commercial construction industry was, and continues to be deeply affected by the Great Recession. But industry watchers, like consumers, are cautiously optimistic (with more emphasis on cautious than optimistic) that the industry is slowly and steadily moving forward.

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