Overcoming Tax Debt in Commercial Construction: Strategies for Financial Stability
By Todd Whalen
March 13, 2025
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 ...
Construction Futures: February 2025 Economic Roundup
By Construction Executive
February 21, 2025
WHAT WE LEARNED IN JANUARY: CONTRACTORS OPTIMISTIC DESPITE COOLING MOMENTUM
The construction industry’s momentum faded somewhat over the past few months. Nonresidential spending growth has stalled, employment growth has slowed to a crawl and materials prices jumped higher in Ja...
Construction Materials Prices Increase 1.4% in January, Up 40.5% Since February 2020
By ABC
February 17, 2025
WASHINGTON, Feb. 13—Construction input prices increased 1.4% in January 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 pri...
Overlooked Assets: Year-Round Tax Tips From a Construction Accountant
By Phillip Ross
February 3, 2025
For most construction firms, working with an accountant is often limited to matters for the year-end financial statements and tax returns. This has become such a routine practice that it’s easy to forget that accountants have the potential to be valuable year-round financial stra...
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...
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 ...
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 ...
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...
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 $...
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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