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Date/Time | Title | Description |
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April 25, 2022 | Contractor Group Blasts Biden’s ‘Buy America’ Construction Mandate | In April, the Biden Administration, through the Office of Management and Budget (OMB), which reports to the White House, released a memo offering guidance to federal agencies on procuring materials ...Read more |
March 15, 2022 | Non-Residential Construction Material Prices Skyrocketed in 2021 | Non-residential construction material prices rose 20 percent in one year according to data collected even before the war in Ukraine heated up. Some commodity price figures from February show ...Read more |
March 7, 2022 | Russia-Ukraine War Cause Oil, Cargo Prices to Soar | Rising oil prices are barely worth a headline since the pain at the pump is acutely felt by nearly every American. But the side effect of cargo costs is something many may have not noticed… yet.< ...Read more |
February 17, 2022 | Prices of Materials Jumped by Nearly 20 Percent From 2021 to 2022 | Over the past 12 months, the prices charged by producers of goods, distributors, and transportation firms have increased by 2.6 percent. In comparison, contractors of new nonresidential constructio ...Read more |
November 2, 2021 | Construction Spending Dropped in September | Both residential and nonresidential construction declined, AGC reports. “Spending on projects has been slowed by shortages of workers and materials, as well as extended or uncertain deliver ...Read more |
August 24, 2021 | Building Material Prices Won’t Stabilize Until Summer 2022 | The sky-high costs of construction materials due to the coronavirus pandemic are a topic we ...Read more |
August 4, 2021 | Material Costs Still Sky-High as Infrastructure Bill Approaches Passing | As we recently reported, the massive infrastructure bill championed by the Biden adm ...Read more |
June 14, 2021 | Construction Material Costs Now Stonewalling Projects | It’s no secret that construction material prices are sky-high pretty much across the board. Be it plastics, lumber, steel, asphalt, roofing, piping, wallboard, insulation, or cement, Contractor N ...Read more |
June 7, 2021 | Construction Jobs Down 20K in May | Construction season is generally believed to begin between the first of April and the first of June, depending on the state you are in. So it’s somewhat bleak news that job numbers dropped this M ...Read more |
May 11, 2021 | Confluence of Factors Put HVAC Contractors in a Tight Spot. | High supply costs, shortages, and low demand for many commercial projects are just a few of the problems plaguing HVAC contractors. With the free-fall of commercial construction, HVAC contrac ...Read more |