From West Newsmagazine: Gateway Studios is building a 300,000-plus square foot studio space to provide production services for live music touring, motion picture/television and corporate event industries. After work was stalled for nearly a month and a new contractor was hired, Gateway says the project is back on track, and scheduled to be complete by […]
According to the International Monetary Fund, per capita GDP in the US is currently $85,000. This figure is adjusted for Purchasing Power Parity, so it takes into account differences in living standards throughout the world. Here's how everyone else is doing: The US is the richest large region in the world and the fastest growing ...continue reading "Raw data: Per capita GDP around the world"
From Bluebeam: The aging of the construction workforce has been well documented. To counter this trend, construction companies are going to great lengths to recruit and retain younger workers. What can construction companies do to ensure these workers are successful in the workplace and mesh with workers of other generations? Integrating new generations into the […]
Elon sure seems to enjoy making employees humiliate themselves on his behalf. After massively overpaying for Twitter, firing most of the staff, and then making bad decision after bad decision, Elon did promise remaining employees that they would get equity in the new Twitter, now renamed X (even as its valuation kept dropping). Quite some […]
From Builder Online: Affordability concerns and buyer hesitation surrounding elevated interest rates and high home prices influenced a decline in builder sentiment in August, according to the NAHB. Builder confidence in the market for newly built single-family homes was 39 in August, two points lower from a downwardly revised reading of 41 in July, according […]
From St. Louis Business Journal: Space Architects + Designers + Builders, a St. Louis firm that provides design-build services, is relocating after putting its longtime home in The Grove up for sale. Space Architects is currently scouting for a new location as it sells its 7,358-square-foot headquarters at 4162-4168 Manchester Ave. in the city’s Forest […]
From West Newsmagazine: On Aug. 12, Town & Country’s Board of Aldermen held a public hearing and reviewed a request for approval on building renovations to Mason Pointe, a senior living facility owned and operated by Lutheran Senior Services (LSS). Located at 13190 South Outer 40 Road, Mason Pointe has been with LSS for 10 […]
(The Center Square) – Economic optimism showed a moderate increase as slight growth in the services sector was reported throughout the mountains and plains, according to a report by the Federal Reserve Bank of Kansas City.
From Lincoln News Now: The U.S. construction industry has seen a surge in demand in recent years. The intense real estate market of the last several years has highlighted the shortage of housing stock in the United States. Between 2020 and 2022, total private construction spending grew rapidly, driven by record levels of new housing […]
The St. Louis Regional Freightway is launching a new task force in collaboration with the region’s five busiest airports, leading employers in the aerospace manufacturing and service sector and other leaders in education and workforce training. The launch is in response to more than $5 billion in planned investments that are creating urgent demand for workers to fill an estimated […]
A massive class action settlement against Facebook – with a settlement fund of $725 million – was given final approval in court last year, but appeals and legal proceedings have delayed payments from going out.
From World of Concrete: The Inflation Reduction Act of 2022 aims to incentivize companies to implement a number of goals. Among other objectives, goals include building additional infrastructure, manufacturing equipment needed to strengthen domestic supply chains, reducing energy costs and greenhouse gas emissions, increasing the number of available jobs, and paying wages not less than […]
P.F. Chang's has released a limited-edition "lettuce wrap" blanket, designed to mimic the look of the franchise's signature dish, for $24.99 at LettuceWraps.com.
From Yield Pro: Turnstone Development, a nonprofit developer of affordable housing based in Illinois, and North Arrow Development, a full-service real estate developer, have partnered with WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, in closing a deal to begin construction on Flax Meadow […]