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Home » Topic » Business » Economy

Strategies for Surviving Recessions: Billing, Collections and Automation

by Stephen King | Apr 24, 2021
Accounting | Business | Business Development | Economy | Finance

Companies that execute automation, billing and collections in an efficient manner have a better chance of weathering turbulent times, boosting cash flow and improving efficiency.

Report: RLB Anticipates the Effect of the Coronavirus on the Construction Industry

by Rider Levett Bucknall | Apr 21, 2021
Business | Economy | Safety | Wellness

While total crane count holds steady, turbulent economic conditions indicate a recession-based drop in construction costs.

Five Construction Equipment Predictions for a Year of Uncertainty

by Paul Wilson | Apr 17, 2021
Business | Economy | Equipment | Heavy Equipment

Enhanced machine data and machine control is driving the future of industrial IoT. Those who emerge stronger will do so by recognizing that the importance of technology isn’t just about a tangible product or device, it’s what companies do with it that sets them apart.

ABC: The Construction Industry Needs to Hire an Additional 430,000 Craft Professionals in 2021

by ABC | Apr 15, 2021
Careers | Economy | Recruitment | Retention | Total Human Health | Workforce

In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of BLS data by ABC. The analysis also revealed that every $1 billion in extra construction spending generates an average of at least 5,700 construction jobs.

ABC’s Construction Backlog Slips in March; Contractor Optimism Continues to Improve

by ABC | Apr 13, 2021
Economy | Markets

Associated Builders and Contractors has reported that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey conducted from March 22 to April 5.

Construction’s Road Through 2021 Will Have Bumps—But Not Insurmountable Ones

by Kirk Chamberlain, Craig Tappel | Apr 8, 2021
Business | Cybersecurity | Data Analytics | Economy | Insurance | Risk | Technology

After years of going full-throttle, the U.S. construction industry has been contending with various pandemic-induced bumps in the road that will continue to slow business down and challenge resiliency.

Construction Adds 110,000 Jobs in March

by ABC | Apr 7, 2021
Economy | Markets | Total Human Health

The construction industry added 110,000 jobs in March, according to an Associated Builders and Contractors analysis of data released recently by the U.S. Bureau of Labor Statistics.

VIDEO: Construction Executive’s Q1 Construction Economic Update and Forecast

by Construction Executive | Apr 1, 2021
Economy | Markets

ICYMI: Watch the recorded 2021 Q1 Construction Economic Update and Forecast with Anirban Basu, originally presented on March 31.
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