Construction by the numbers in 2017

Numbers are deeply embedded in the construction industry. As 2017 ends, we take a look back at some of the key numbers that tell the story of what construction looked like throughout the past 365 days. From trillions of dollars to hundreds of units, each number represents an important facet of the industry.

$1.6 trillion

The resulting gap, according to McKinsey Research, from the construction industry being slow to adopt new technology.

$1 trillion

The amount of money President Donald Trump’s proposed to dedicate to an infrastructure bill. Details of the plan may be revealed out as early as January.

$200 billion

The estimated damage from Hurricanes Harvey and Irma, according to Moody’s, that ravaged Texas and Florida this year.

$5 billion

The amount of money Amazon is planning to put into its HQ2. Amazon will announce its final site selection from the 238 proposals it received sometime in 2018.

1,200

The number of concrete buildings that fall under Los Angeles’ seismic retrofit ordinance, which is the first of its kind enacted in the country.

500

The weight in tons of each roof “petal” on the Atlanta Falcons’ new $1.5 billion Mercedes-Benz stadium. Aligning each piece proved to be challenging, leaving crews unable to use the retractable roof for this year’s professional sports seasons as planned.

76

The percentage of construction companies surveyed by the Associated General Contractors of America in January that indicated they think the tight labor market would stay the same or worsen throughout the year.

56

The average age of more than 90,000 dams in the U.S. The Association of State Dam Safety Officials estimates the necessary work on the country’s non-federal and federal dams would cost more than $64 billion.

50

Respirable crystalline silica exposures in micrograms of silica per cubic meter of air averaged over an eight-hour workday​ that workers must be protected from, per OSHA’s new silica rule.

17

The number of inches San Francisco’s Millennium Tower has sunk since 2005. Engineers have proposed a $100 million to $150 million solution to stop the sinking and tilting and bring the structure upright.

3

The number of months it took to 3-D print a 26-foot-long concrete bridge in the Netherlands comprising 800 layers of reinforced, pre-stressed concrete material.

By |2018-01-12T15:37:30+00:00January 3rd, 2018|Blog|0 Comments

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