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|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
|May 20, 2022||21 Percent Rise In Non-Residential Construction Materials Over the Past Year||
A country’s growth can be witnessed in its infrastructure and buildings, and in the USA, the construction industry represents ...Read more