flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

More construction firms likely to perform stimulus-funded work in 2010 as funding expands beyond transportation programs

More construction firms likely to perform stimulus-funded work in 2010 as funding expands beyond transportation programs


By BD+C staff | August 11, 2010

Analysis of Stimulus Data Shows Program Delivering More Construction Jobs than Initially Estimated, Helping Boost Transportation Spending, Contractors Group Notes

Stimulus funded infrastructure projects are saving and creating more direct construction jobs than initially estimated, according to a new analysis of federal data released today by the Associated General Contractors of America. The analysis also found that more contractors are likely to perform stimulus funded work this year as work starts on many of the non-transportation projects funded in the initial package.

"The stimulus is one of the very few bright spots the construction industry experienced last year and is one of the few hopes keeping it going in 2010," said Ken Simonson, the association's chief economist. "The stimulus is saving construction jobs, driving demand for new equipment and delivering better and more efficient infrastructure for our economy."

Simonson noted that new federal reports show the $20.6 billion dollars worth of stimulus highway projects initiated over the past twelve months have saved or created nearly 280,000 direct construction jobs. That amounts to 15,000 jobs per billion dollars invested, well above pre-stimulus estimates that every billion invested in infrastructure projects would create 9,700 direct construction jobs.

The economist added that heavy and civil engineering construction employment was stable last month even as total construction employment declined by 75,000. Meanwhile, highway and road construction was one of the only areas to see an increase in spending last year even as total construction spending fell by $100 billion. The two figures are a clear sign the stimulus is having a significant, and stabilizing, impact on the industry, Simonson noted.

Simonson cited examples like Pittsburgh's Golden Triangle Construction Co as an indication of the benefits of investing in infrastructure. The company is hiring two new engineers and over 100 employees this spring just to perform $24 million worth of stimulus-funded projects this year.

It also is ordering new construction equipment to perform the work from Ripon, California-based Guntert and Zimmerman. As a result, the equipment maker saved 40 jobs on its assembly line. And thanks to its stimulus work, Golden Triangle decided to complete construction of its delayed headquarters, providing even more local construction jobs.

Simonson cautioned however that overall declines in construction activity have, and likely will continue to overshadow the benefits of the stimulus. "The stimulus will keep a bad situation from deteriorating further," Simonson said. "That may not make for great headlines, but it is welcome news for construction workers anxious to continue receiving paychecks."

Related Stories

Designers | Oct 1, 2024

Global entertainment design firm WATG acquires SOSH Architects

Entertainment design firm WATG has acquired SOSH Architects, an interior design and planning firm based in Atlantic City, N.J. 

Higher Education | Sep 30, 2024

Studio Gang turns tobacco warehouse into the new home of the University of Kentucky’s College of Design

Studio Gang has completed the Gray Design Building, the new home of the University of Kentucky’s College of Design. In partnership with K. Norman Berry Associates Architects, Studio Gang has turned a former tobacco warehouse into a contemporary facility for interdisciplinary learning and collaboration.

Warehouses | Sep 27, 2024

California bill would limit where distribution centers can be built

A bill that passed the California legislature would limit where distribution centers can be located and impose other rules aimed at reducing air pollution and traffic. Assembly Bill 98 would tighten building standards for new warehouses and ban heavy diesel truck traffic next to sensitive sites including homes, schools, parks and nursing homes.

Laboratories | Sep 27, 2024

Traditional lab design doesn't address neurodiverse needs, study finds

A study conducted by ARC, HOK, and the University of the West of Scotland, has revealed that half (48.1%) of all survey respondents who work in laboratory settings identify as neurodivergent.

Laboratories | Sep 26, 2024

BSL conversions: A cost-efficient method to support high-containment research

Some institutions are creating flexible lab spaces that can operate at a BSL-2 and modulate up to a BSL-3 when the need arises. Here are key aspects to consider when accommodating a rapid modulation between BSL-2 and BSL-3 space.

MFPRO+ News | Sep 24, 2024

Major Massachusetts housing law aims to build or save 65,000 multifamily and single-family homes

Massachusetts Gov. Maura Healey recently signed far-reaching legislation to boost housing production and address the high cost of housing in the Bay State. The Affordable Homes Act aims to build or save 65,000 homes through $5.1 billion in spending and 49 policy initiatives.

Designers | Sep 20, 2024

The growing moral responsibility of designing for shade

Elliot Glassman, AIA, NCARB, LEED AP BD+C, CPHD, Building Performance Leader, CannonDesign, makes the argument for architects to consider better shade solutions through these four strategies.

Mixed-Use | Sep 19, 2024

A Toronto development will transform a 32-acre shopping center site into a mixed-use urban neighborhood

Toronto developers Mattamy Homes and QuadReal Property Group have launched The Clove, the first phase in the Cloverdale, a $6 billion multi-tower development. The project will transform Cloverdale Mall, a 32-acre shopping center in Toronto, into a mixed-use urban neighborhood.

Codes and Standards | Sep 19, 2024

Navigating the intricacies of code compliance and authorities having jurisdiction

The construction of a building entails navigating through a maze of regulations, permits, and codes. Architects are more than mere designers; we are stewards of safety and navigators of code compliance.

Higher Education | Sep 18, 2024

Modernizing dental schools: The intersection of design and education

Page's John Smith and Jennifer Amster share the how firm's approach to dental education facilities builds on the success of evidence-based design techniques pioneered in the healthcare built environment.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021