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Construction Materials Prices Inch Down 0.2% in December, Up 0.9% Year Over Year
By ABC
January 16, 2025
WASHINGTON, Jan. 14—Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released on Jan. 14. Nonresidential construction inp...
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Nonresidential Construction Spending Dips 0.1% in November, Flat Year Over Year
By ABC
January 6, 2025
WASHINGTON, Jan. 2—National nonresidential construction spending declined 0.1% in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.234 ...
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Monthly Construction Input Prices Unchanged in November
By ABC
December 20, 2024
WASHINGTON, Dec. 12 — Construction input prices were unchanged in November compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input ...
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Analyze and Control Your Construction Project Gain/Fade
By LeAnne Goode
December 10, 2024
It’s difficult to recover from a low estimate in construction. Owners don’t want to pay more than they have to, and scope creep is a credibility killer.
That’s why successful companies understand the value of an experienced estimator and solid estimating systems. They also train...
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Storms Suppress Nonresidential Construction Spending in October
By ABC
December 4, 2024
WASHINGTON, Dec. 2—National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $...
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Construction Input Prices Down 0.9% in September
By ABC
October 18, 2024
WASHINGTON, Oct. 11—Construction input prices decreased 0.9% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input p...
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Construction Materials Prices Increase in July for First Time Since April
By ABC
September 4, 2024
WASHINGTON, Aug. 13—Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices ...
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Managing Field Expenses on Your Construction Company Credit Card
By Daniel Simon
August 8, 2024
Managing expenses can be a challenge for any field-service company, and construction companies can be particularly susceptible to inefficiencies and waste. Variable costs for materials, management of labor and subcontractors, managing cash flow and adhering to budgets over long p...
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Busting Major Alternative-Lending Myths
By Warren Miller, CFA
June 18, 2024
Alternative capital is a broad term for financing provided by institutions or firms that typically fall outside of the purview of the larger, regulated institutions (i.e., not traditional banks). While these funding sources may not always be the first option for many businesses, ...
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Empower Your Employees and Profits With a Meaningful Metrics Strategy
By LeAnne Goode
May 10, 2024
When managing a project, the last thing a team wants to worry about is accounting.
And yet, the company can’t move forward with big decisions if they have outdated work-in-progress schedules and lagging financials. Outdated and inaccurate financials negatively affect bidding, t...
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