Economy

Not Pandemic-Proof: The Ongoing Impact of COVID-19 on the Commercial Construction Industry

Despite challenges in scheduling, manpower and permitting, which affected pricing, the construction industry is moving forward as companies maneuver through uncertain times.

Investment in Nonresidential Structures Falls 7.3% in Third Quarter of 2021

by ABC | Oct 28, 2021
Economy | Markets | Total Human Health

Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Economic Analysis.

Insurance Rates: What to Expect in 2022

As insurance underwriters become more selective and add restrictive endorsements, contractors should negotiate terms before renewal or find a broker who understands the market and construction.

How to Address the Four Biggest Staffing Issues In Construction Industry

The construction sector in the United States is a booming industry that is facing a surge in demand following the global pandemic. Yet, business leaders in this sector have been facing recurring human resource management challenges.

Input Prices Decline in September but Remain Higher on a Yearly Basis

by ABC | Oct 20, 2021
Economy | Markets

Construction input prices declined 0.5% in September, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

ELFA 2021 Survey of Equipment Finance Activity Reveals New Business Volume Declined 7% in 2020

by Equipment Leasing and Finance Association | Oct 11, 2021
Business | Economy | Equipment | Finance

2020 marked the first time in a decade that businesses decreased their overall spending on capital equipment, according to the SEFA. However, the 7% decline was less than the double-digit drop expected by the COVID-19 pandemic.

Supply Delays and Staffing: Top Concerns in the Construction Industry

by Joey Maxwell | Sep 28, 2021
Economy | Human Resources | Risk Management | Safety

A recent survey shows that construction leaders are seeing consistent profit margins and more business, but face challenges with staffing and material costs and delays.

ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down

by ABC | Sep 21, 2021
Economy | Markets

Associated Builders and Contractors reported that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sept. 1.

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Not Pandemic-Proof: The Ongoing Impact of COVID-19 on the Commercial Construction Industry

Investment in Nonresidential Structures Falls 7.3% in Third Quarter of 2021

Insurance Rates: What to Expect in 2022

How to Address the Four Biggest Staffing Issues In Construction Industry

Input Prices Decline in September but Remain Higher on a Yearly Basis

ELFA 2021 Survey of Equipment Finance Activity Reveals New Business Volume Declined 7% in 2020

Supply Delays and Staffing: Top Concerns in the Construction Industry

ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down

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ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated

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