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Home » Topic » Business » Economy

Hotel Investment Activity Hits $30 Billion in H1

by Construction Executive | Sep 14, 2021
Economy | Markets

JLL’s Hotels and Hospitality Group reported investment activity for the first half of 2021 at $30 billion, inclusive of entity-level deals, with a gust of optimism for the industry as investors show signs of increased activity.

Safeguard the Bottom Line as Lumber Prices Rise

by Deb Hilmerson | Sep 14, 2021
Business | Business Development | Economy | Equipment | Finance | Tools

Although contractors may be cautious about spending right now, consider the cost per linear foot of steel safety rail systems is almost equivalent to the cost of building two-by-four safety rails due to the skyrocketing cost of lumber.

Construction Cost Indicators for 14 Markets

by Construction Executive | Sep 14, 2021
Economy | Markets

Rider Levett Bucknall has released its “Quarterly Cost Report” for Q2 of 2021, which features cost information for 14 markets in the United States and Canada.

Global Projects Report Available From InEight

by Construction Executive | Sep 14, 2021
Economy | Markets

InEight has released its first annual “Global Capital Projects Outlook.” The document uses survey data from 300 of the world’s largest capital project owners and contractor construction professionals.

Construction Project Certainty Is Taking Off—Just in Time

by Brad Barth | Sep 13, 2021
Business | Business Development | Economy | Finance | Infrastructure | Project Delivery

With $550 billion in new infrastructure spending on the horizon, the construction industry has every reason to feel upbeat about the future, but is it prepared? A recent survey shows the answer is yes.

Nonresidential Construction Loses 20,300 Jobs in August

by ABC | Sep 9, 2021
Economy | Markets

The construction industry lost 3,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.

Nonresidential Construction Spending Weak in July

by ABC | Sep 1, 2021
Economy | Markets

National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.

How the Supply Chain Is Affecting the Coatings Industry in 2021

by Thomas O’Shaughnessy | Aug 31, 2021
Economy | Markets

While the coatings industry is experiencing some turbulence right now, demand is booming, and innovation is accelerating. Short-term pain aside, the future is looking very bright.
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