Overcome Top Construction Risk Challenges in 2022
Managing the downsides of these three factors will help contractors overcome the year’s top business barriers.
Nonresidential Construction Spending Flat in November
National nonresidential construction spending was virtually unchanged in November on a monthly basis.
Run a Successful Business Despite Challenges During Uncertain Economic Times
How to overcome considerable hurdles, such as cost of materials, supply chain disruptions and the talent shortage.
Construction Tech Activity Bodes Well for Future Construction
Deal activity will give rise to more innovation, supporting successful construction projects in future years.
Regaining Predictability by Planning for Price Fluctuations in Construction Materials
If project participants engage and work together toward completing the common goal, they can mitigate the risk of construction cost increases and add predictability to project materials prices by adding a few tools to their belts.
2022 Outlook for Commercial Construction and Masonry
The commercial masonry industry can expect a modest 0.2% growth rate in 2021. The market size of the masonry industry grew slower than the overall construction sector, but still outpaces the overall economy.
2022 Construction Economic Forecast
After the dramatic pace of economic recovery that characterized 2020’s final eight months and the early months of 2021, economic growth is set to soften in 2022.
State Construction Unemployment Rates Down in 49 States From a Year Ago
The not seasonally adjusted national construction unemployment rate dropped 2.6% in September 2021 from a year ago while 49 states had lower unemployment rates over the same period.
