National nonresidential construction spending declined 1.1% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.
Strategies for Surviving Recessions: Billing, Collections and Automation
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
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
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
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
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
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
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.









