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Home » Topic » Business » Economy

Pandemic-Related Construction Materials Pricing Poses Challenges in Construction Lawsuits

by Nick Stewart | Aug 24, 2021
Business | Dispute Resolution | Economy | Legal and Regulatory

It's important to keep an eye on how the global pandemic has impacted construction materials when addressing cost of repair estimates in construction litigation.

Prepare for Unexpected Supply-Chain Disruptions

by Dan Boaz | Aug 18, 2021
Business | Economy | Project Delivery | Project Management

Suggestions for construction businesses to plan for supply chain shortages.

U.S. Economy Expands in Second Quarter, Investment in Structures Contracts

by ABC | Aug 18, 2021
Economy | Markets | Total Human Health

The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels.

Construction Input Prices Up 23.1% Year-Over-Year in July

by ABC | Aug 16, 2021
Business | Economy

Construction input prices rose 0.6% in July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 0.8% for the [...]

ARA Forecast Shows Equipment Rental Segment Recovering

by Construction Executive | Aug 12, 2021
Business | Economy | Equipment | Heavy Equipment | Vehicles

Equipment rental revenue is expected to explode past its peak totals in 2022, according to the latest forecast released by the American Rental Association.

Nonresidential Construction Adds Only 2,900 Jobs in July, but Liquidity Remains High

by ABC | Aug 10, 2021
Business | Economy | Finance | Recruitment | Workforce

The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 886,000 [...]

COVID-19 Stalls Construction Pipeline in Undersupplied Senior Housing Market

by Bryan Lockard, Deborah Street, Brian Chandler | Aug 10, 2021
Commercial | Economy | Institutional | Markets

As a percentage of existing supply, senior housing units under construction tapered throughout 2020, dropping from peak levels of 7% at the end of 2019 to 4.7% in the first quarter of 2021—magnifying the long-term supply shortage.

Contractors Eager for Growth Must Overcome Cash-Flow Challenges

by Chris Doyle | Aug 9, 2021
Accounting | Business | Economy | Finance | Project Management

While contractors have maintained an entrepreneurial spirit, they still face a variety of cash-flow challenges barring them from growth.
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