Featuring the 2018 Construction Forecast
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The Digital Edition of Construction Executive's December Issue Is Now Available

2018 Construction Economic Outlook
Expect Near-term Stability and Expansion

If someone were casting roles for a production of The Tortoise and the Hare, the U.S. economy would be a favorite to play the tortoise. While this analogy may be a bit harsh, economic growth remains mostly slow, but persistent. Last year, the U.S. economy only managed 1.5 percent growth. It then expanded just 1.2 percent during 2017’s initial quarter on an annualized basis, the latest in a string of weak first quarters. In other words, for more than a year, the U.S. economy has been consistently growing at less than 2 percent.

While national output growth has remained erratic, the country continues to add jobs at a healthy clip. For now, the outlook remains stable, and the next year should represent a period of expanding nonresidential construction spending.

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Construction Executive’s "2018 Economic Forecast: Confidence Is the Key" webinar is this Wednesday, Dec. 6 at 2 p.m. ET (11 a.m PT) presented by ABC’s Chief Economist Anirban Basu, who will share a humorous and insightful look at materials, labor and financing for the year ahead. Register Now

New CE This Week Customizable Newsletter Will Launch in January

In celebration of Construction Executive’s 15th anniversary in 2018, the magazine is bringing readers its brand-new newsletter, CE This Week, launching in January. CE This Week combines the best of the magazine’s existing Tech Trends, Risk Management and Managing Your Business newsletters into one weekly, customizable communication.

Subscribe and customize CE This Week with your choice of the following categories:
• Business
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• Safety & Risk
• Legal & Regulatory
• Markets
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2018 Regional Construction Outlook

Starting in 2012, the construction sector generally has turned in stronger growth than the overall economy. However, that growth has not been evenly distributed within the industry. Residential construction has had the strongest rebound, with notable differences. Multifamily construction has fully recovered, while single-family construction, although improving, struggles with starts still well below the nation’s long-term needs. The South and West will be the main beneficiaries of the improvement.

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Rising Above
ABC Chapters and Contractors Contend With Hurricane Harvey's Aftermath

In the days and weeks after Hurricane Harvey’s cataclysmic late August landfall, the resilience of the south Texas construction community and the area that it serves was put to the ultimate test.

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Thwarting the Worst of Hurricane Irma
Florida Contractors Feel Manpower and Materials Strains in the Storm's Wake

In the days and weeks after Hurricane Harvey’s cataclysmic late August landfall, the resilience of the south Texas construction community and the area that it serves was put to the ultimate test.

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The Inside Scoop on Developing In-house Apps
Four Contractors Customize Mobile Technology to Meet Their Unique Needs

With hundreds of apps available for Apple and Android devices that assist contractors with everything from bidding and estimating to project management and closeout, why would anyone develop an in-house app?

Several reasons drove four contractors to spend months developing company-specific apps, including a dislike of paperwork, a drive toward efficiency and a lack of off-the-shelf solutions that cater to construction operations.

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2018 Hot Products

• Viewpoint Team Project Management True Integration Between the Office and Project Teams
• Viewpoint Field View Focus on the Project, Not the Paperwork
• Viewpoint Spectrum Talent Management Streamline HR Processes With Spectrum Talent Management
• Viewpoint Enterprise Cloud Get Out of the IT Business and Get Back Into Construction
• Oasis Takeoff Simplify Project Management With Oasis Takeoff
• CMiC Field A Solution to Simplify and Enhance Project Management and Resource Planning
• Canon TX Series Printers The Next Standard of Engineering
• eCMS Cloud Construction ERP Integrated Construction Financial and Project Management Software Drives Efficiency Between the Field and the Office
• FOUNDATION Job Cost Accounting + Project Management + Mobile The Official Software of 2020
• Payroll4Construction.com Stop Doing Your Payroll
• Pype The 'Rosetta Stone' for Specifications
• GPS Insight Tailored Fleet Tracking and ELD Solutions
• Sage Mobile Projects Project Management App Connects Construction Businesses
• Construction Suite  By UDA Technologies—Trusted Leader in Construction Software for More Than a Decade
• eTakeoff Removing the Complexity From Model-based Estimating
• Procore Plug Into Unlimited Possibilities
• Eclipse Explorer Offers Powerful and Intuitive Solutions
• Paperless Environments Save Time and Money With Electronic Solutions From the Leading Construction Content Management Solution Provider
• RedTeam Construction Management Platform Built for the Way You Work
• Sensera Systems Automated Site Monitoring and Security for Construction
• Summit Cloud Desktop The IT Platform Built to Run Your Business
• eSUB Time Automation Time Tracking for Employees
• COINS SureStart Reduce the Risk of an ERP Implementation With COINS SureStart


Also in This Issue

Washington Update Bringing Balance Back to the NLRB
Equipment Three Channels for Selling Used Machinery
Workforce Inbound Recruiting: A Quicker Way to Attract Prospective Hires
Business Development Make a Great Impression With Best-in-class Marketing Strategies
Risk What Contractors Should Consider Before Taking on Hurricane Rebuilding Projects
Community Outreach The DNA of Giving Back
Viewpoints How do you use social media to engage with employees, clients, project partners and your community? What's the value?
Plus In Brief


Register Now for Our Free Upcoming Webinars

   
Construction Executive’s 2018 Economic Forecast: Confidence Is the Key

 
  Dec. 6, 2 p.m. ET

 
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The Art of a Successful Implementation: An Insider’s View

 
  Dec. 13, 2 p.m. ET

 
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