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Home » Topic » Business » Economy

Construction Executives Expect Improvements in the Year Ahead

by Joe Galvin | Sep 9, 2019
Economy | Leadership | Markets

Economic confidence among construction CEOs has fallen to the lowest level in three years. However, they are more optimistic than the national average due to increased business demand, which is causing the need to expand their workforce.

Six KPIs for the Equipment Rental Elite

by Ben Preston | Sep 2, 2019
Business | Business Development | Economy | Equipment | Finance | Heavy Equipment | Tools | Vehicles

Make data-informed decisions a habit and embed this into the company culture. This turns risk into calculated risk, panic into preparation and gut decisions into strategic ones.

Mid-Year Economic Outlook for Nonresidential Construction: Expansion Continues, But Vulnerabilities Pile Up

by Construction Executive | Sep 2, 2019
Economy | Markets

More than 10 years after the end of the most severe financial crisis since the Great Depression, the U.S. economy is again making history by continuing its longest-ever expansion.

Prepare for a Market Slowdown by Optimizing Your Supply Chain

by Collin Ziemerink | Aug 27, 2019
Business | Business Development | Economy | Project Delivery | Project Management

A slowdown in commercial construction is possible in the next 18 to 24 months. Forward-looking executives are already preparing by optimizing margins and removing cost from the end-to-end supply chain.

Green Building Materials That Are Changing the Way We Build

by Karthik Pillai | Aug 26, 2019
Business | Economy | Markets | Public

The global green building materials market size was valued at $213.10 billion in 2017, growing at a CAGR of 11.2% over the forecast period. The market is expected increase, fueled by the rising environmental concerns in Europe and North America.

Construction Input Prices Rebound in July, Says ABC

by ABC | Aug 20, 2019
Economy | Markets

Construction input prices expanded 0.8% in July but are down 0.6% year-over-year. Nonresidential construction input prices also increased 0.8% for the month but have declined 0.3% on a year-ago basis.

How Public Policy Is Influencing the Multifamily Market

by Doug Bibby | Aug 11, 2019
Economy | Legislation | Markets | Multifamily

Although there isn’t a one-size-fits-all solution to improving housing affordability, developers and policy makers can foster an open dialogue that will lead to new, friendlier policies for the development and continued operation of multifamily properties in cities nationwide.

The Fundamentals of the Construction Industry Are Strong, but Lingering Workforce Concerns Need Industry-Wide Action

by Diane Earll | Aug 8, 2019
Careers | Economy | Recruitment | Retention | Workforce

The latest CCI numbers show 46% of contractors still have a “high concern” about the availability of skilled labor and 85% are equally concerned about the cost of labor.
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