«It is crucial that policy makers appreciate the contribution
of the construction sector: the decisions made today will be felt for decades and generations.»
A new dedicated training academy developed by the industry for the industry has been launched today by the Chartered Institute of Building to enhance excellence and boost the productivity
of the construction sector.
The facade is the main constructive element of a building that allows us to meet the requirements of energy efficiency and interior comfort established in the national and international rules and directives
of the construction sector.
The Divisional Court has overturned a decision of the Information and Privacy Commissioner requiring the trustees
of a construction sector pension plan to provide a rival trade union with confidential financial documents.
Not exact matches
WESTERN Australia's
construction sector is warning
of impending labour shortages amid indications
of a revival in the home building market.
«The biggest
sectors of steel consumption are in the
construction industry, the auto industry, oil and gas industry, all
of which need these products to produce competitive products,» warns Yerxa.
Brookfield Multiplex has taken the top spot on the HIA - Cordell top 100 list
of companies operating in the engineering
construction, non-residential building and apartment
sectors.
Construction Training Fund executive director Ralph Dawson said he had noticed definite signs
of renewed life in the
sector.
Spending on state and local government
construction projects, which is the largest portion
of the public
sector segment, slipped 0.4 %.
The official purchasing managers» index released today for November jumped to beat economists» expectations, while a measure
of non-manufacturing
sectors of construction and consumer services hit its highest mark since mid-2014.
«The future
of the company is to make sure that we diversify, go heavily into private
sector work, and grow nationwide and internationally,» says the entrepreneur, who's been able to focus his talent for
construction and engineering on building a thriving business.
Construction and material stocks were one
of the better performing
sectors Thursday after CRH sold its U.S. business for $ 2.63 billion in cash to Beacon Roofing, Reuters reported.
Economic activity decreased in several categories, including business investment, exports,
construction and — most
of all — the important resources
sector, which sank 2.7 per cent compared to the previous quarter.
In the meantime, low commodity prices are a windfall for many companies in Europe, Japan and the U.S. Metals and other raw materials are at their lowest in years, which is the equivalent
of a massive tax break for the
construction and manufacturing
sectors.
Contractors in the U.S. commercial
construction industry report ongoing optimism about the current state and forward - looking health
of the
sector.
Upstate New York added relatively few jobs in housing - related
sectors (e.g.
construction and sales
of consumer durable goods) during the boom years;
Retail spending remains subdued following the large increase last year, and commercial
construction is weak outside
of the boost from public -
sector infrastructure spending.
In contrast, dwelling
construction continues to pick up, the period
of business -
sector deleveraging looks like it has come to an end, and investment in the resources
sector is at very high levels.
The goods production
sector, which includes manufacturing, mining and
construction, has seen a decline
of similar magnitude.
Some
of that drop was weather - related, as
construction activity halted, but it also represented a slowing
of housing gains as mortgage interest rates rose and the
sector's postrecession rebound cooled.
«A successful guest worker program will help alleviate the current labor shortage in the residential
construction sector, quicken the rebuilding efforts in Texas and support the overall economic growth
of this nation,» said NAHB Chairman Granger MacDonald in a press release.
The real issue that was not addressed in the budget is the absence
of any economic engine to spur a recovery in growth in 2014 and beyond, The household
sector is deep in debt; housing
construction has stalled; companies lack confidence and are not investing; the federal and provincial governments are in serious restraint mode; and the export
sector is weak and deteriorating.
In a study undertaken for the Clean Energy Association
of B.C., MNP Consulting found that private -
sector clean energy companies have invested $ 8.6 billion in capital, creating 20,500 direct
construction jobs.
Saeed Ghasseminejad, an economist, and the political scientist Emanuele Ottolenghi, writing in The Wall Street Journal, estimated that the Revolutionary Guards Corps controls about 20 percent
of the market value
of companies traded on Tehran's stock exchange, across the telecommunications, banking,
construction, metals and mining, automotive and petrochemical
sectors.
Brexit bites into U.K.
construction Britain's
construction industry is «making the best
of an uncertain moment» as building shows signs
of slowing in London, but grows elsewhereIt's not clear how the U.K.'s trade arrangements will look at the end
of the Brexit process — and the haze presents a challenge to the country's
construction sector.
A decade ago, the real - estate
sector, including
construction and home furnishings, accounted for about 10 %
of China's gross domestic product, according to Moody's Investors Service.
In addition, the capacity constraints in the building
sector in the lead - up to the introduction
of the GST may have resulted in borrowers obtaining finance for
construction well before the work was completed and paid for.
To us, a PMI is a measure
of health
of companies around the world, because it includes output, new orders, employment and prices across manufacturing,
construction, retail and service
sectors.
Forward - looking indicators
of labour demand in the
construction sector suggest a significant decline from current levels, in line with the expected decline in
construction activity noted above.
These prices continue to rise more rapidly than building - materials prices, suggesting that profit margins and / or labour costs in the residential
construction sector have increased in response to the recent strength in demand for residential
construction work and the rise in prices
of established houses.
Labour cost pressures also remain firm in the
construction sector; a recent survey by the Master Builders Association suggests that labour shortages remain most acute in trades exposed to the latter stages
of the building process, contributing to ongoing pressure on rates for subcontractors.
In contrast, loans to investors for both new
construction and existing houses (a
sector likely to have been less affected by the introduction
of the GST) have continued to grow at double - digit rates in year - ended terms.
The country's impressive growth in 2002 - 2006 has been importantly driven by
construction, a
sector that is a heavy user
of metals and energy.
Spending here accounts for 30 %
of total public
sector construction activity.
While
construction investment continues to be weighed down by the ongoing weakness in property markets throughout the region, the strength in the region's exports has led to the need for increased equipment investment in export - focused industries, despite the existence
of excess capacity in other
sectors.
The strength in the labour market is also apparent in liaison reports, which indicate strong demand for labour and shortages
of skilled workers in a range
of industries and
sectors, from
construction and engineering to accounting and information technology.
Pre-GST activity boosted output in the
construction industry and, given the large amount
of work yet to be done in the residential
sector, this should support activity in the industry in the period ahead.
Machine learning (ML) is a paradigm shift across many
sectors because it proposes the automatic
construction of artificially intelligent systems that are human - like in ability to perform and adapt.
«As an example
of the supply chain effect in light
of the high response rate from the
construction and real - estate industries, the increased costs to this
sector could potentially translate to consumers.
We haven't seen levels this high since 2004 when we were at the peak
of the housing bubble, the
construction sector was booming, and we had high employment.
To date, NAMA has advanced over $ 1billion in development funding for the completion
of construction projects currently in progress in Ireland and to develop new projects to meet prospective supply shortages in certain
sectors.
In addition to its direct impact on financial
sector output, this has contributed to weakness in non-mining
construction and property turnover, as well as slower growth
of retail spending (Lowe 2012 and Stevens 2012).
Included in this
sector are companies that manufacture chemicals,
construction materials, glass, paper, forest products and related packaging products, metals, minerals and mining companies, including producers
of steel.
By: Jessica Oosthuizen 27th April 2018 The joint venture (JV) between Stefanutti Stocks Mechanical — part
of construction group Stefanutti Stocks — and Australian industrial services operation the Dawsons Group
of Companies is «ground - breaking and a first for the pan-African mining
sector», says Stefanutti Stocks Mechanical MD Marius... →
With tens
of thousands
of jobs in
construction and financial services tied to the market, the Bank
of Canada has specifically cited Toronto's inflating condo
sector as a potential source
of concern.
The industrial
sector, together with
construction, accounts for the bulk
of the variation in national output over the course
of the business cycle.
Much
of the overall growth in the non-farm economy has been accounted for by the goods
sector (Graph 26), largely because
of continued strength in the
construction industry.
House purchase costs increased by 2 per cent in the June quarter and by 5 1/4 per cent over the year, as ongoing strength in the
construction sector resulted in rising costs
of materials and labour.
In particular, ongoing strength in the
construction sector has led to significant increases in the cost
of building materials and in house purchase costs.
Boral's CEO says the volume
of work from high - rise apartment
construction is «moderating slowly» but the infrastructure
sector continues to strengthen.