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
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
To survive economic trauma, contractors need a high-performing executive team, specialized management reporting and accurate industry forecasting.
Pandemic Leads to Sharp Pullback in Commercial and Multifamily Construction Starts in 2020
The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the United States lost 23% in 2020, falling to $111.1 billion according to Dodge Data & Analytics.
Arizona Is the No. 1 Merit Shop Construction State, According to ABC’s 2020 Scorecard
Arizona topped the rankings for the first time this year based on the state’s promotion of free enterprise and investment in tomorrow’s construction workforce.
Construction Companies Must Prepare for a Surge of Third-Party Contractors
By planning, implementing open standards of communication and leveraging technology, construction companies can establish a blueprint for successful operations, no matter how many contractors are needed for a project.
Relevance, Visibility and Top Talent Are Keys to Success in an Uncertain Market
Stay relevant to clients’ issues, raise the firm’s visibility online and invest in top talent. The businesses that grow in today’s environment are those that put these efforts front and center.
VIDEO: 2021 Construction Economic Forecast
ICYMI: Watch the recorded 2021 Construction Economic Forecast with Anirban Basu, originally presented on Dec. 16, 2020.








