The national buyer traffic index shows a four-point drop in August, according to Credit Suisse, indicating a sharp slowdown in homebuying. The slowdown stems from increasing prices and interest rates, as well as an imbalance between supply and demand.
Ready to climb the next rung in your career? Join in the next virtual engineering and science career fair sponsored by ASCE and other associations. Candidates and prospective employers will meet with each other live online. The free recruiting event will be held tomorrow, Sept. 20, from 11 a.m. to 3 p.m. ET, 8 a.m. to noon PT. Get details and sign up.
More than two dozen of ASCE's most distinguished honors share an Oct. 1 deadline for nominations. See the variety of awards in almost every civil engineering discipline, and nominate worthy professionals you know.
The construction environment is fast moving and not all parties are in the same location. Cloud technology allows construction companies to keep massive amounts of information in a place that is accessible from anywhere that you can establish a wifi or cellular connection. Read more.
A county commission in Indiana voted to add a performance bond requirement to a contract for a surveillance system in the county jail. The county attorney said the performance bond requirement will protect the county if something goes wrong and the work is not completed.
A recent survey showed 80% of construction companies are having a tough time filling hourly craft positions. Some firms are looking to technology to help ease labor shortages. Among technological innovations being used are building information modeling, drones, GPS and 3D printing, the survey found.
Only 5% of millennials are interested in an insurance career, and many of them are turned off by the industry's clunky and outdated technology, writes Brian Berns. Insurers must understand employees' needs and update technology to meet those needs, he explains.
Microsoft is remodeling its Washington campus and is using a tool that tracks carbon emissions of raw building materials. The University of Washington, Skanska and other companies developed the open-source tool.
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