We've heard all the doom and gloom in the construction industry, as everything just completely crashed as the real estate disaster occurred and triggered the global economic meltdown and crisis. After the crash, there was literally a front page article every day in all the newspapers for 18-months straight, needless to say, no one was interested in building, buying, or even pulling permits on new projects. Well, it looks like we have finally turned a corner.

Meaning that many of the articles we are reading concerning the Construction Industry, about contractors, construction management, or construction trends is somewhat positive. Manufacturing of construction equipment is up, and there are many recent large scale developments, other than the known stimulus (so-called shovel ready projects) moving forward.

The government statistics show us moving forward at the end of Q2 in 2010, as construction spending was up sharply in April of 2010 over the previous month of March, and get this it was up 2.7% over all. Home Construction projects put forth spending exceeding 4.5% over the same time period. Obviously, the national US trends are different than the most battered states, but all regions showed improvement, meaning the trend stands, and momentum is building, literally, we are building again.

The construction was really across the board this time, new factories, facilities, roads, infrastructure, homes, shopping malls, commercial properties, retail, etc. This recent uptick is by far the biggest gains in a single month I've seen in over 10-years, it's truly amazing, almost to the point of questioning the numbers, but we see things are very good in quite a few industries. We've been down month to month one to 4 percent nearly all of 2008, 2009 and the first quarter of 2010 for the most part. Read more...