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5 ways facility condition assessment software can improve your building
Ajwad Gebara Facilities & GroundsAs maintenance needs increase with a building’s age, building managers across the globe are surrounded by some difficult questions. While the facilities team may work on expecting the unexpected, other departments might not be as proactive. Building managers want to put an end to these worries. But how can they do that? your facilities-related challenges can be solved with a state-of-the-art facility condition assessment (FCA) solution. This software enables you to manage your single and multisite building assessments.
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Airports face significant drop in revenues through the end of 2020
Matt Falcus Travel, Hospitality & Event ManagementEven with bailouts and airlines easing out of lockdown, airports across the globe are facing a significant drop in revenues, which could challenge their futures and put on hold any ambitious growth or redevelopment plans until profits return. As the dust settles to some degree and airlines start increasing schedules this month, airports and analysts are beginning to assess the damage that has been caused through months of the coronavirus lockdown.
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US payrolls add 2.5 million jobs amid reopenings; unemployment drops to…
Seth Sandronsky Business Management, Services & Risk ManagementEmployers added 2.5 million nonfarm jobs in May after April's 20.5 million layoffs, according to the federal Bureau of Labor Statistics. May's rate of unemployment dropped to 13.3% versus 14.7% in April. Some economists had spoken of May's unemployment rate reaching 20%, rivaling the depths of the Great Depression. Instead, the labor market improved due to a partial resuming of economic activity after its curtailment in March and April to slow the spread of the COVID-19 pandemic. However, some areas of the economy did not rebound in May.
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Reshaping your business for the new normal
Lloyd Princeton Interior Design, Furnishings & FixturesEven in the most optimistic scenario, the repercussions from the COVID-19 pandemic will have a profound impact on how we go about our lives — and thus, on the spaces we live in — for months, probably years to come. We will need to adapt to new ways of interacting with one another and adopt new behaviors to ensure our safety and that of our loved ones and neighbors. And perhaps as never before, the home will function as the nexus of our daily activities.
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Luxury home market poised for quick rebound
Michael J. Berens Construction & Building MaterialsAs with other sectors of the housing market, sales of luxury homes in the U.S. plunged in late March and April as most of the country came under stay-at-home orders. Domestic clientele decided to hold back, and with many other affluent countries facing similar restrictions, including bans on air travel, the pool of international buyers and investors soon evaporated. Sellers quickly began to pull their properties off the market, further reducing opportunities for sales. In recent weeks activity has begun to revive, however, and industry insiders anticipate that sales will start to rebound by early summer.
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States are reopening their manufacturing sectors. Here’s what they…
Bambi Majumdar ManufacturingThe manufacturing industry will have a significant role in the coming economic recovery, so there is optimism to be had with the news of the sector reopening in many places. But worker safety must be of paramount importance. As we cautiously go into our next phase of battling this pandemic, manufacturing companies are preparing to protect workers from the spread of COVID-19.
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Finding the upside of ‘Groundhog Day’
Anne Rose Business Management, Services & Risk ManagementDuring our worldwide quarantine, I've heard numerous groans about every day being "Groundhog Day," a reference to an old Bill Murray movie where every day was a rerun of the previous. But regardless of the lockdown, how many of us run busily through our days, repeating mechanically the previous day’s agenda? If you're going through rote motions of living, then you've already been living through "Groundhog Day." Well, this quarantine forces us to be still, to think. When we are moving mechanically and busily through life, we don’t often take the time to think; we just do.
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Museum educators fill a critical need for students
Sheilamary Koch EducationTo say museums have been hit particularly hard by the COVID-19 pandemic would be an understatement. The American Alliance of Museums estimates that museums in the United States are collectively losing at least $33 million a day. Yet even now while they’re hurting most, many museums have offered entertainment and solace to families sheltering in place at home with free virtual tours. Teachers have been able to take advantage of these resources to create engaging lessons for students on virtual field trips.
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As many struggle, some small businesses are thriving during COVID-19
Kevin Reynolds Business Management, Services & Risk ManagementFor a pandemic that has been particularly bad for small businesses across the country, some sectors of the economy are using these months as a revival of sorts. As the demands of consumers have changed, some stagnant industries are getting a second chance. Economists have noted this trend is not uncommon in times like these. In nearly every major economic downturn, there are some small businesses that manage to provide exactly what the economy needs.
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Infographic: Robots in the construction industry
Christian Castillo Construction & Building MaterialsThe robots are coming, but instead of taking over our jobs, they're more likely to help us become much more productive. The construction industry is a prime example of this; since construction is one of the most dangerous industries to work in, automating many of the jobs can make the work environment much safer. In fact, it's already started, ranging from drones improving safety on a worksite to a humanoid robot from NASA, the Valkyrie, made to withstand the harsh vacuum of space and help us travel the stars.
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