Houston has been in the top cities in the United States for new residents moving into the metro area. It will continue to grow this decade at a rapid rate. What effect will this have on the construction industry in the Houston metropolitan area? Residential Growth Means More Construction Houston is seeing an increase in… Read Full Article »
As we talked previously about the Sam Rayburn Tollway Fourth Lane Project, things are moving along efficiently. The tollway is being widened, so that traffic can move quicker and more consistently while the population growth increases in the North Texas area. There is an additional lane being built, as well as ramp improvements. The completion… Read Full Article »
As the population growth increases all over the state of Texas, roadwork construction is starting to take over. It can be a good and bad thing for people in Texas. On one hand, you have the growth of population and an economy, but on the other hand, you have the rise of congestion on highways… Read Full Article »
With the advancement of new technology every single year in the ground engaging tools, the market is projected to grow significantly in the next four or five years. This is great for the construction and mining industries. These new technological advancements can help the market growth become steady over the next several years. New Technology… Read Full Article »
Women in construction have played an incredible role, and we are proud to have them be a vital part in the growth of this industry. The ConExpo-Con/AGG 2020 will be partnering with the National Association of Women in Construction (NAWIC) and the Women of Asphalt (WOFA) for this upcoming event, which will be held in… Read Full Article »
Houston’s vacancy rate in the office market didn’t change much between the second and third quarters in 2019. It ticked up just 10 basis points between Q2 and Q3. That might lead you to believe that there isn’t any cause for celebration for those in the Houston market right now. However, there were a lot… Read Full Article »
Energy companies have been extracting crude oil from the Permian Basin at unprecedented rates in recent years, but an oil boom is the last thing on the minds of most gas station owners in our area. Instead, many gas stations are looking for creative new ways to stay relevant in a world where electric vehicles… Read Full Article »
A persistent labor shortage has made it hard for many construction companies to keep their projects on schedule in recent years, but new data suggests that things are looking up for the construction industry in Texas. According to the most recent report from the Bureau of Labor Statistics, Texas added 56,100 construction jobs in 2017—the… Read Full Article »
Highways in Texas are slated to receive a much-needed boost in funding this year thanks to the state’s booming oil and natural gas industry. Under the terms of Proposition 1, a constitutional amendment which diverts a portion of oil and gas severance taxes to the TxDOT highway fund, Texas highways will receive $1.1 billion in… Read Full Article »
There’s never been a better time to look for jobs in the oil, energy and construction industries in Houston, according to a recent workforce report conducted by LinkedIn. The report found that Houston’s job growth in the oil and energy sector is more than double the national average at 12.4 percent, and job growth in… Read Full Article »
