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MEMBER NEWS
We have been talking a lot about the new strategic plan, I wanted to take a few minutes highlight a few of the strategies within our pillars.
ADVOCATE AGCVA is the “voice” of the construction industry in the public space and among legislators and regulators. GROW AGCVA focuses on programs and services that grow member businesses and advance the industry. CONNECT AGCVA creates connections that add value for our members and expand our community.
INDUSTRY NEWS
Construction is an industry that is constantly being challenged but could be turning a corner. With interest rates continuing to fall and the possibility of falling further, and greater efficiencies being realized within the supply chain, construction looks poised for something of a revival. It may not be dramatic, but with the industry stabilizing, the outlook looks promising.
KHL According to the U.S. Commerce Department (Census Bureau), spending on construction projects fell 0.3% in July to a seasonally adjusted annual rate of $2.2 trillion, after being unchanged in June. Economists had expected construction spending to dip 0.1% in July. On a yearly basis, the total value of construction put in place increased 6.7% year-over-year in July. The monthly decline in construction spending can be attributed to declines in spending on both residential and nonresidential construction projects.
DODGE CONSTRUCTION NETWORK LEGISLATIVE & LEGAL
The rise of AI has big implications for the building industry: The seemingly amorphous technology relies on enormous amounts of physical infrastructure and natural resources. The trend is driving demand for AI-ready data centers, even while many customers express wariness about AI.
CONSTRUCTION DIVE The Biden administration views updated building energy codes as key to tackling climate change. The administration’s plan to decarbonize the building sector, unveiled by the DOE in April, counts stronger local codes among its recommendations. Late last month, the DOE announced it is awarding 19 state and local governments a total of more than $240 million to adopt and implement new and innovative building codes that increase energy efficiency. SMARTCITIES DIVE WORKFORCE DEVELOPMENT
Recruiting the next generation of skilled workers means meeting them where they are—and that means construction companies getting loud and proud about how they’re using technology. The construction industry has suffered from a skilled-labor shortage for years—and with baby boomers retiring at a faster rate than early-career workers are entering the industry, the problem isn’t going away anytime soon. The construction sector must harness the power of technology, both in the field and in the back office.
CONSTRUCTION EXECUTIVE AGCVA is proud to be a speaker at the inaugural Build Your Future Conference, taking place virtually on October 8.
Register now to: - Hear success stories and learn how to make connections between students, educators, and industry with tips you can use. - Discover free resources to support career days, in-class presentations, lesson plans, and more! - Learn how the latest technology is being used to bring awareness to training programs and to support career exploration. SAFETY
Few images are etched into the minds of millions like the one of construction workers on a steel beam eating lunch. The black and white picture brings a sense of unease as the 11 workers sit stories above the Manhattan skyline without a single hardhat, vest, or harness in sight. Present day, safety is front and center on job sites, and Virginia Tech students will be better equipped than ever to lead the charge.
VIRGINIA TECH Leadership plays a crucial role in fostering mental wellness on construction sites. Barry Schlouch of Schlouch Incorporated says mental health should be a top priority for leaders in the industry. Schlouch believes that taking a proactive approach to mental health is not only about improving productivity but also about creating a culture of care where employees feel valued and supported. CONEXPO-CON/AGG 365 CALENDAR & EVENTS
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