Finance

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...

Elevator equipment systems come in lots of shapes and sizes, each of which ultimately falls into one of two categories: proprietary or non-proprietary. Choosing the right vertical transportation systems, and maintaining and updating them, can impact everything from safety of buil...

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...

WASHINGTON, Aug. 1—National nonresidential construction spending decreased 0.1% in June, 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 $1.241 tri...

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...

WASHINGTON, July 16—Construction input prices increased 0.2% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3%...

WASHINGTON, July 1—National nonresidential construction spending decreased 0.2% in May, 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 $1.237 tril...

What We Learned in June: Some Signs of Waning Momentum Construction-specific economic data have started to flash a few signs of potential weakness. Both backlog and nonresidential construction spending declined for the month, and while nonresidential employment continues to grow...

Construction projects are notorious for being unpredictable. One day everything’s humming along, the next day a contractor is delayed, a payment is disputed, and the timeline takes a hit. For an industry built on precision and planning, it’s ironic how often progress is derailed—...

WASHINGTON, June 2—National nonresidential construction spending decreased 0.1% in April, 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 $1....