Business Risk

Sandwiched between the Texas Resolution Trust Corporation collapse of the 1980s and the Great Recession of the 2000s, Brian Robinson managed to carve out a name for himself in business—a name which still flourishes today as the founder of RDI Construction LLC and owner of a succe...

It’s clear that, at least for the next year or more, the construction industry can expect unpredictable cost variations. What can construction companies do to insulate against cost fluctuations? How can they mitigate risks related to supply-chain issues, labor shortages, and inc...

Contractors today face a number of challenges: residual effects of ongoing inflation and elevated cost of capital due to a higher interest rate environment; the impact of tariffs driving up the cost of materials; and a tight labor market making it challenging to hire skilled work...

WHAT WE LEARNED IN MAY: TRADE POLICY CONTINUES TO CLOUD OUTLOOK Construction-specific economic data released in May provide mixed signals. Nonresidential construction spending fell sharply in April, and industrywide job openings are down significantly over the past year. At the...

The phone vibrates at 2 a.m. A project manager's voice, tense with urgency, reports a water main break at the largest jobsite. The foundation, poured just yesterday, sits submerged. In the dark hours before dawn, dozens of questions demand immediate answers: How to notify the con...

The 2020s have been a bumpy ride for the construction industry, and it’s unlikely the path will smooth anytime soon. Economic, political and environmental uncertainties continue to cloud the outlook. The only sure thing for construction firm leaders is the need to recognize and t...

What We Learned in April: Construction Industry Outlook Darkens Construction-specific economic data released in April paint a somewhat upbeat picture of the industry’s recent performance. Nonresidential spending reached the highest level on record, contractors added jobs for the...

Construction businesses have faced a rising tide of challenges since the pandemic. The labor shortage, worker safety threats and more have created a difficult environment for business owners to find opportunities for growth while keeping their operations running smoothly and safe...

On Jan. 20, 2025, President Donald Trump was sworn in as the 47th president and quickly issued a sweeping set of executive orders aimed at reversing Biden administration policies related to diversity, immigration, national security and climate. The orders require enactment throug...

Tax challenges in the commercial construction industry can feel like an uphill battle, with fluctuating project revenues, payroll complexities and penalties piling up quickly. Construction contractors in particular face a perfect storm of tax-related risks when cash reserves run ...