Construction Employment Dropped in March
Source: Associated Builders and Contractors Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Nonresidential construction employment declined by 24,600 in March. All three nonresidential segments registered job losses, with the largest decrease experienced in nonresidential building (-10,700) followed closely by heavy and civil […]
BEX LMS: Healthcare & Construction During COVID-19
By Rebekah Morris for AZBEX Nearly 80 individuals logged onto the first-ever virtual delivery of the BEX Leading Market Series. Healthcare was always meant to be the topic for the April 2nd event; however, in the last few weeks the questions drastically changed, and the relevance of the topic took on new meaning. Panelists included: Mark Barkenbush, senior project executive for Banner Health, Chad Halmrast, contract executive for Southland Industries, and AJ Thomas, Healthcare […]
CRE, Construction Well-represented During Crisis
By Rodric Hurdle-Bradford for Bisnow Gov. Doug Ducey issued a statewide stay-at-home order Monday to stop the spread of the novel coronavirus, while naming essential businesses that can continue operations for now. CRE and construction are still on that essential services list, a status that remained intact after his executive order. “We worked closely with the governor’s office last week to submit […]
Governor Orders Hospitals to Expand Capacity
Source: Office of the Governor Doug Ducey Governor Doug Ducey has issued an Executive Order ensuring Arizona hospitals increase capacity to prepare for a potential influx of patients due to COVID-19. The order requires hospitals to increase the amount of hospital bed capacity in the state, take steps to optimize staffing levels and maximize critical resources. “Arizona is working day and night to […]
Cities Brace for Pandemic Impacts
By Jen Fifield for The Arizona Republic Up until this month, many Arizona cities were riding high on good times. Populations were growing, jobs were booming, and cash was flowing in. Cities were preparing to put a bow on the optimistic budgets they had worked on since the fall for the next fiscal year starting in July. Then, […]
Covid-19 Living Through Econ. & Social History P. 1
By: Thomas M. Brophy for Colliers International Multifamily Times AZBEX Note: Thomas M. Brophy is National Director of Research & Analytics | Multifamily Investments for the Colliers Cooke Multifamily Team. This column was distributed March 18, and all data were considered current at that time. Even though it has been edited for length, you will notice it is appreciably […]
VP Planning/Community Dev. Departments Status List
Source: Valley Partnership AZBEX Note: To keep members informed of the operating status of the various planning and development offices, Valley Partnership issued the following list on Monday, March 23rd. The list is current as of March 20th. The group plans to update and add new information as it becomes available. Members with questions are asked to […]