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What’s In It For Us – Today?
Contractors are not the only builders. Chambers of Commerce around the US and the globe are historically true builders as well. These business organizations help build community, recruit new company relocations, advocate for new infrastructure, educational facilities, and sports facilities. All of those facilities and projects create construction jobs in their local regions.
We were surprised recently to see that the Bellevue Washington Chamber of Commerce had issued a statement that they would not support the Sound Transit 3, or ST3, infrastructure proposal on the ballot in the Seattle region in November.
The ST3 package is a $54 billion transit package of short and long-range projects to be built over the next 20 years. Truly these are long-range infrastructure projects. [node:read-more:link]
Lessons from the Greatest Generation: They are so Relevant Today
Memorial Day prompts reflection and appropriately so. We must never forget all of those who gave their lives for our freedom, whether in the two World Wars, Korea, Vietnam, the Gulf or in the fighting that continues today. To paraphrase, Winston Churchill, “Never has so much been owed by so many to so few.”
This day also prompts homage to those who returned, those heroes who then turned their talents and patriotism to making this country the great nation that it is. One group that deserves our continuous study and emulation is the veterans of World War II, that special group of men and women heralded in Tom Brokaw’s marvelous book, The Greatest Generation. Brokaw wrote this book as a tribute to his father and his buddies, all World War II vets. It is a compelling story, which every American can benefit from reading. He eloquently conveys how this group came back, and although they were owed so much, they never wanted to do anything but continue to serve and give in their companies, their communities and their country. The leaders, both officers and enlisted, went on to start and head companies, to build America into a great industrial economy, while at the same time ensuring that the men and women who had served and supported them in wartime had decent jobs in peacetime, jobs that could allow them to feed their families and realize the American Dream. [node:read-more:link]
Labor Shortages Creating Higher Construction Costs Today
Peter Caulfield, a correspondent for the Journal of Commerce: Western Canada’s Construction Newspaper, wrote last week that owners of newly designed buildings are looking at innovative ways to get their buildings constructed as a result of a shortage of skilled labor in the industry.
Caulfield was reporting on a recent Building Owners and Managers Association of Manitoba (BOMA) luncheon where Michael Grimes, the director of business development for FWS Commercial Projects, Ltd. was a guest speaker. Grimes lamented the high construction costs which he said is the result of a lack of skilled trades people. According to the article, the cost of building an industrial warehouse in Winnipeg is $90 per square foot while the cost to build the same building in North Carolina is $35 per square foot. Grimes asserted that this higher cost is due to the lack of available trades people at the sub-contractor level. He stated:
“Due to all of the construction activity in Winnipeg, the demand for trades people has been exceeding supply for the last five years or so. ... You don’t save money by beating up on your sub-trades. You save money by thinking outside the box.” [node:read-more:link]
Nanobots are a Reality Today
My audiences have heard me say many times that they are in for an interesting life. I have told them that they will likely live to be 120 or older and that their work lives will be really interesting – not ending anywhere near the current 65 years of age. The experts have said that my son who is in his 20s will have 5-7 careers and that will be the norm. I have had 5 careers, so I might be a pioneer on this trail. No question about me living to 120 at this point, but there are changes on the horizon that might possibly extend even my life.
According to Dick Pelletier at the Positive Futurist.com in his recent entry, Nanorobots: radical science in clinical trials by the 2020s; expert says, the nanorobots, (also called nanobots), are already designed and created and will likely be in clinical trials at the major healthcare institutions in the early 20s. [node:read-more:link]
AGC's Data DIGest: November 13-17, 2017
The producer price index (PPI) for final demand in October, not seasonally adjusted, increased 0.5% from September and 2.8% y/y from October 2016, BLS reported on Thursday. AGC posted tablesand an explanation focusing on construction prices and costs. Final demand includes goods, services and five types of nonresidential buildings that BLS says make up 34% of total construction. [node:read-more:link]