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Home » Topic » Business » Economy

New Report Reveals Heavy Civil Construction Less Impacted by COVID-19 Than Commercial Construction

by Construction Executive | Jul 20, 2020
Economy | Markets

Data shows a relatively optimistic two-year outlook among heavy civil contractors, explores their use of technology and safety practices to improve jobsites.

Leverage an Auditor’s Toolbox for Business Stability in Turbulent Times

by Dan Graves | Jul 8, 2020
Accounting | Business | Business Development | Economy | Finance

By leveraging auditing resources, businesses can gain insight and direction for delivering stability in operations. An auditor’s perspective can help strengthen awareness of the financial impact of day-to-day business decisions made in unsettled conditions.

ABC’s Chief Economist Delivers Mid-Year Forecast in CE Webinar

by Rachel E. Pelovitz | Jun 17, 2020
Economy | Markets

In a highly attended Construction Executive webinar on June 10, ABC's Chief Economist Anirban Basu discussed how the COVID-19 pandemic has rocked a nearly invincible economy.

Navigating the COVID-19 Economy: How Distributors and OEMs Can Work Together

by Clayton Slagle | Jun 16, 2020
Business | Economy | Equipment | Tools

Kitting—or the grouping of a set of parts linked by some attribute to be ordered, shipped and priced as one—affords efficiencies in ordering, fulfillment and cost. It’s become a focal point for many OEMs and distributors during the COVID-19 economic downturn.

ABC’s Construction Backlog Indicator Inches Higher in May; Contractor Confidence Continues to Rebound

by ABC | Jun 10, 2020
Economy | Markets

Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 7.9 months in May, an increase of less than 0.1 months from April’s reading.

Don’t Be a Casualty of the COVID-19 Recession

by Nate Budde | Jun 3, 2020
Business | Business Development | Business Risk | Economy | Finance | Risk | Risk Management

Understanding cash needs, making cuts for efficiency, focusing on the best projects and protecting lien and bond claim rights can help contractors fend off the recession’s financial risk.

Retirement Planning in a Uncertain Market

by Frank G. Sweeney | Jun 2, 2020
Business | Business Development | Economy | Leadership

The CARES Act passed by congress provides some provisions for relief. With the added flexibility provided by the act, plan administrators and participants now have additional options to attempt to navigate through the recent market turmoil.

Nonresidential Construction Spending Falls in April, Says ABC

by ABC | Jun 2, 2020
Economy | Markets

National nonresidential construction spending decreased by 1.8% in April, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.
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