Current news or events in the building and construction industry
Here are some current news and events in the building and construction industry:
1. COVID-19 Impact on Construction Industry
- The pandemic has caused significant disruptions to the construction industry, with many projects delayed or halted due to lockdowns, supply chain issues, and labor shortages. (Source: Construction Business Owner)
- The industry is adapting to new safety protocols, remote work arrangements, and innovative technologies to mitigate the impact of COVID-19. (Source: Construction Dive)
2. Sustainability and Green Building
- The demand for sustainable and energy-efficient buildings is increasing, driven by government regulations, consumer demand, and environmental concerns. (Source: Green Building & Design)
- The International WELL Building Institute (IWBI) has launched a new standard for WELL v2, which focuses on occupant health and well-being. (Source: WELL Building Institute)
3. Technology and Innovation
- Building Information Modeling (BIM) is becoming increasingly popular, with 75% of construction companies using BIM software. (Source: Autodesk)
- Artificial intelligence (AI) and machine learning (ML) are being applied to construction to improve project management, quality control, and predictive maintenance. (Source: Construction Business Owner)
4. Labor Shortages and Workforce Development
- The construction industry is facing a severe labor shortage, with many companies struggling to find skilled workers. (Source: Construction Business Owner)
- The National Center for Construction Education and Research (NCCER) has launched a new initiative to promote workforce development and diversity in the construction industry. (Source: NCCER)
5. Infrastructure and Transportation
- The US infrastructure bill has been passed, providing $1.2 trillion for infrastructure projects, including roads, bridges, and public transportation. (Source: Construction Business Owner)
- The Federal Highway Administration (FHWA) has launched a new program to improve the safety and efficiency of highway construction projects. (Source: FHWA)
6. Building Codes and Regulations
- The International Code Council (ICC) has launched a new code for building resilience, designed to help buildings withstand natural disasters. (Source: ICC)
- The US Department of Housing and Urban Development (HUD) has proposed new regulations to improve accessibility and affordability in multifamily housing. (Source: HUD)
7. Construction Materials and Supply Chain
- The global construction materials market is expected to grow 4.5% annually, driven by increasing demand for infrastructure and building projects. (Source: Grand View Research)
- The COVID-19 pandemic has caused supply chain disruptions, leading to shortages of certain construction materials and increased prices. (Source: Construction Business Owner)
8. Energy Efficiency and Renewable Energy
- The US Department of Energy (DOE) has launched a new initiative to promote energy-efficient building design and construction. (Source: DOE)
- The International Energy Agency (IEA) has reported that renewable energy accounted for 26% of global electricity generation in 2020, up from 21% in 2010. (Source: IEA)
These are just a few of the current news and events in the building and construction industry. The industry is constantly evolving, and there are many more developments and trends shaping the future of construction.