Leveraging Construction Cost Data to Help Maintain Competitive Edge
The ability to track labor and materials price changes is an invaluable resource in today’s market.
Out of the Black
Surviving a black swan event means being prepared by ‘building robustness’ when times are good.
Skilled Trades Pay Off
Skilled craft professionals are earning higher and higher salaries.
The Shortage Gets Shorter: Industry to Lose 1.2 Million Workers This Year
An estimated 1.2 million construction workers will leave their jobs to work in other industries in 2022.
Nonresidential Construction Spending Down 1% in March; Recession Could Be Around the Corner
National nonresidential construction spending was down 0.8% in March.
It’s a Materials World
A new report projects that construction materials such as gravel and concrete will see growth in 2022.
Three Strategies to Survive Fluctuating Lumber Prices
Lumber volatility impacts the P&L statement as well as jobsite safety and the skilled labor shortage.
Construction Unemployment Down in All 50 States
The not seasonally adjusted (NSA) national construction unemployment rate plunged 4.6% in December 2021 from a year ago, from 9.6% to 5%.
