Economy

Nonresidential Construction Spending Falls Slightly in March, Says ABC

by ABC | May 6, 2020
Economy | Markets

National nonresidential construction spending fell 0.1% in March and is up 2.0% compared to the same time last year, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.

Many Contractors Concerned About Longer-Term Impacts of Crisis, Survey Reveals

by Dodge Data and Analytics | May 6, 2020
Business Development | Economy | Markets

A new study shows two-thirds of the industry is already experiencing project delays, 87% expect to see their businesses impacted in the next three months and very few believe insurance will likely provide a sufficient backstop to the challenges they face.

Q2 Outlook Predicts Severe Declines in Equipment and Software Investment

by Equipment Leasing and Finance Association | Apr 22, 2020
Business | Economy | Equipment

Owing to the substantial uncertainty stemming from both COVID-19 and the impact of social distancing measures on the U.S. economy, investment in equipment and software is projected to contract severely in 2020, to between -8.6% and -13.5%

The Fed’s Toolbox: What’s Left to Pave the Way for Continued Construction?

by Virginia K. Trunkes | Apr 22, 2020
Economy | Legal and Regulatory | Legislation

While a myriad of government responses have permeated the United States depending on location, demographics and the severity of the COVID-19 crisis, the Federal Reserve remains determined to “provide as much relief and stability as [possible] during this period.”

The Bourbon Boom: Building With Integrity

by Jason Wright | Apr 15, 2020
Economy | Markets

Bourbon is an $8.6 billion industry in Kentucky alone, and total production has increased by more than 115%. Those are exciting numbers, but they also mean unprecedented demand, putting added pressure on construction projects to meet project schedules and maintain quality.

Expectations for Infrastructure Investment Plummet Globally as COVID-19 Outbreak Shakes Confidence

by CG/LA Infrastructure | Apr 15, 2020
Economy | Infrastructure | Markets

According to a new survey taken before and after the pandemic, a lack of infrastructure investment is driving pessimism around a post-virus economic recovery.

Strengthen Supply Chain Management in a Volatile Market

While many parts of the supply chain are uncertain, construction professionals can only change the parts that are in their control. Zero in on three key areas: estimating jobs and materials needed, monitoring project progress and communicating with the team.

Monthly Construction Input Prices Drop in March, Says ABC

by ABC | Apr 14, 2020
Economy | Markets

Construction input prices fell 1% in March from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

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Nonresidential Construction Spending Falls Slightly in March, Says ABC

Many Contractors Concerned About Longer-Term Impacts of Crisis, Survey Reveals

Q2 Outlook Predicts Severe Declines in Equipment and Software Investment

The Fed’s Toolbox: What’s Left to Pave the Way for Continued Construction?

The Bourbon Boom: Building With Integrity

Expectations for Infrastructure Investment Plummet Globally as COVID-19 Outbreak Shakes Confidence

Strengthen Supply Chain Management in a Volatile Market

Monthly Construction Input Prices Drop in March, Says ABC

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