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Home » Topic » Business » Economy

Strategies for Surviving Recessions: Pricing

by Stephen King | Mar 27, 2021
Accounting | Business | Business Development | Economy | Finance

An effective pricing strategy requires precise cost data. Internally facing reports can provide the means to dissect business segments and determine what is working, what isn’t and why.

Contractors Prepare for a Strong 2021 Despite Unpredictability

by Kenny Ingram | Mar 10, 2021
Business | Business Development | Economy | Project Delivery | Project Management

Despite vast unpredictability, there will be plenty of opportunities for construction in the year ahead. Capitalizing on opportunities will necessitate strategic fortitude and a clear vision.

Five Construction Equipment Predictions for a Year of Uncertainty

by Paul Wilson | Mar 9, 2021
Business | Economy | Equipment | Heavy Equipment

No one predicted the degree to which the pandemic would impact the industry. But in many ways, it catapulted construction technologies forward. Here’s how OEMs and rental companies can adapt to better serve customers.

ABC’s Construction Backlog Indicator Rose Sharply in February; Contractor Optimism Builds

by ABC | Mar 9, 2021
Economy | Markets | Total Human Health

Associated Builders and Contractors reported recently that its Construction Backlog Indicator rose to 8.2 months in February, according to an ABC member survey conducted from Feb. 22 to March 3.

COVID-19 Results in Big Changes to the Rental Market

by Irina Lupa | Mar 8, 2021
Economy | Markets | Multifamily

In 2020, apartment activity dropped, rents stagnated and Gen Z became the second-largest renter generation, according to a recent report.

Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC

by ABC | Mar 3, 2021
Economy | Markets | Total Human Health

National nonresidential construction spending increased 0.9% on a monthly basis in January 2021 but is down 5% since January 2020, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

ELFA Announces Top 10 Equipment Acquisition Trends for 2021

by Equipment Leasing and Finance Association | Feb 20, 2021
Business | Economy | Equipment | Finance | Heavy Equipment | Vehicles

Certain U.S. businesses, nonprofits and government agencies are expected to spend more than $1.8 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets. These trends impact a significant portion of the U.S. economy.

Strategies for Surviving Recessions: Management Reporting and Forecasting

by Stephen King | Feb 18, 2021
Accounting | Business | Business Development | Economy | Finance

To survive economic trauma, contractors need a high-performing executive team, specialized management reporting and accurate industry forecasting.
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