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.
Equipment Rental Industry Prepares for Recovery
The ARA revenue forecast calls for modest growth in 2021 accelerating in 2022 and beyond.
2021 Construction Economic Forecast
The current “V”-shaped economic recovery could be transitioning into a “W”—another recession may be on the horizon. Critically, one could occur even if a further stimulus is passed.
