The following article originally appeared in the May newsletter to clients of FMI Corporation. Reprinted with permission.There are exciting projections for the Greater Houston Area Economy. The most recent Perryman Group projections for 2040, revised slightly downward in 2017, still put...
This Week's Second Look
My approach to my clients and anyone I deal with is this; I believe we have all been given a superpower, something that we are really good at that comes naturally to us, and we are here to use our superpower to help people and improve the world we live in. No superpower is better than any other....
Despite healthy skepticism from many in the construction industry, prevailing wage laws are one key way to attract more quality workers without significantly boosting costs on projects. That’s according to a newly released study that found those laws do not lead to increased costs for publicly...
Equipment management plays an essential role in all construction businesses, and a well-managed fleet can contribute to the success of a business. Good equipment management goes beyond just effective procurement; it is also about efficient operations, smart maintenance, and detailed, on-the-go...
Business leaders met recently at Amegy Bank in Houston for a town hall discussion on the need for immigration reform to alleviate unprecedented labor shortages as the number of open jobs in the US remains at an all-time high. Experts on immigration policy made the case for bipartisan legislation...
A recent survey by Dodge Data & Analytics and Sevan Multi-site Solutions of owners who have multi-site construction and contractors who do that work reveals some vastly different positions on “critical success factors” in the construction process. The survey findings were reported in a Dodge...
Later this year, Democrats in the US House of Representatives plan to restart their push to penalize companies that compensate their workers as independent contractors when, by law, they should be classified as employees and compensated as such. Of course, there are many legitimate uses of...
The merger and acquisition (M&A) market took a nosedive in recent years, but rebounded swiftly. Investors who pulled back on purchases previously are looking to make use of their cash reserves while interest rates are low and tax rates are advantageous. If you are looking to sell your business...
Some worksites may look like a scene from one of the Terminator movies soon if construction firms adopt widespread use of bionic suits for some of their skilled craftsmen and women.As far as we can tell, no one in the industry believes the exoskeletons will be widely adopted until the year 2020....
