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Moody's Global Construction Sector Outlook - October 2018

October 22, 2018
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Training & Education
Crypto Adoption Grows Among Construction Contractors
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More construction professionals are holding, accepting and using cryptocurrency for business and personal finances, signaling a growing shift in how tradespeople manage money.
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Automation & AI
Quickbase Adds AI Tool for Creating Mobile Field Forms
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The AI Form Builder can turn voice or text prompts, PDFs and photos of paper forms into editable mobile forms for inspections, repairs and safety workflows.
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Labor & Workforce Development
Skanska Names Antonia Junelind CFO of USA Civil Operations
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Junelind will become CFO of Skanska USA Civil in 2027, succeeding Jari Mäntylä, who will shift to strategic initiatives ahead of retirement.
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Construction Cash Flow Challenges Can Turn Growth into Financial Stress
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Strong backlogs can strain contractor liquidity when payroll, materials and equipment costs come before customer payments. Strategies for managing working capital can help.
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Industry Trends
Construction Demand Remains Strong but Growth is Concentrated in Key Areas
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Skanska’s 2026 construction market report finds strong demand in data centers, infrastructure, power and advanced manufacturing, while labor, equipment and material issues remain.
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Why Concrete Contractors Should Care About PERM Reform
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Proposed 30-day processing option will not solve construction’s labor shortage, but could make one long-term workforce pipeline easier for contractors to plan around.
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