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Date/Time | Title | Description |
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March 22, 2023 | Market Uncertainty Could Harm Construction Industry | The recent closure of Silicon Valley Bank and Signature Bank in the United States, and UBS-Suisse Credit deal has shaken the global economy. Contractors and other associated construction sector fou ...Read more |
December 7, 2022 | Rising Diesel Prices Being Felt By Contractors | Gas prices have been in the news since they skyrocketed in the first half of the year. The national average reached $5 per gallon in June. Prices in some areas of the country exceeded $6 per gallon ...Read more |
November 2, 2022 | US Residential Construction Enters Slump | The decline in US home construction during the third quarter is being felt, as rising mortgage rates hammer demand. Residential investment fell by 26.4% annually during the period, marking th ...Read more |
October 27, 2022 | PCL Construction Sees 60% Growth in Solar Division's Revenue | The Alberta-based contractor PCL Construction has experienced significant growth in terms of revenue and headcount in its solar construction department. A significant part of the firm's work is in ...Read more |
September 16, 2022 | Job Costing is Essential for Construction Estimators | For a government construction contractors, an essential part of their job is bidding on projects. To win the contract and make a profit, it is necessary to make the right cost estimation based on a ...Read more |
July 13, 2022 | Commercial Construction Hits Recession | Rising interest rates, supply chain issues, and construction material costs are contributing to an emerging recession. According to some contractors, developers are delaying projects recent ...Read more |
June 29, 2022 | Global HVAC Industry Estimated to Reach $278.9b by 2027 | With growing populations and improved living standards, and urbanization and a growing number of office jobs a result has been an increasing need for the installation of HVAC systems. Accordi ...Read more |
June 28, 2022 | Public Works Projects Face Rising Costs, Higher Bids | The Infrastructure Investment and Jobs Act or IIJA, dubbed the Bipartisan Infrastructure Law has provided...Read more |
June 8, 2022 | Could Inflation Limit Benefits of New Infrastructure Spending? | The Bipartisan Infrastructure Law (BIL) allocates $1.2 trillion in government funds to upgrade the nation's infrastructure. This includes transportation, the electricity grid, broadband, and a wide ...Read more |
May 26, 2022 | As Asphalt Costs Rise, Can an App Help Contractors? | If you work in the construction trades, you are well familiar with paving crews filling potholes or asphalting roads and parking lots. Asphalt itself is obtained in part as a byproduct of p ...Read more |