2020 Surety Outlook: Capitalizing on Capacity
The surety industry is reporting another record year in direct premium written and overall capacity, and the availably of credit is at an all-time high.
How to Protect Assets During the Next Recession
By being proactive, a contractor can withstand market downturns, protect its assets and possibly even use the recession as a springboard for growth.
Equipment Rental Revenue Forecast to Outpace Economic Growth
The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35% to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to a recent forecast released by the ARA.
Nonresidential Construction Continues to Add Jobs, Says ABC
The construction industry added 10,000 net new jobs in October, according to an ABC analysis of data released by the BLS. On a year-over-year basis, industry employment has expanded by 148,000 jobs, or 2%.
Zero-Energy Commercial Buildings Increase as Contractors Focus on Sustainability
In addition to improving the environment, net-zero energy construction offers economic and financial benefits, including cost savings on energy, higher property values for building owners and potentially increased occupancy rates.
Risks of a Robust Economy
While it might seem like the right time to grow a business, expanding too fast without a strong plan can be detrimental to the business, its finances and its reputation.
Construction Starts to Slip Back in 2020, According to Dodge Data & Analytics
Dodge outlook report predicts economic slowdown to have broad-based impact on total construction growth.
2020 Construction Economic Forecast
Buoyed by a strong job market, U.S. consumers continue to punch above their lofty weight, and a long-predicted U.S. corporate earnings recession has failed to materialize.
