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Business: Page 260
Business
AGC & SAGE Forecast COVID-19 to Shrink the 2021 Construction Market
Associated General Contractors of America (AGC)
Results of the 2021 Construction Outlook survey yield a forecast of declining demand for new construction projects, increasing project cancellations or delayed production and decreasing new hires
Business
Elaine Chao to Resign as US DOT Secretary, Citing Violence at the Capitol
Chao writes that she is ‘deeply troubled’ by the ‘entirely avoidable’ violence on Capitol Hill on Wednesday, as protest resignations from the Trump administration, and calls for Trump's removal, mount
Construction News Tracker
Construction News Tracker: $900B COVID Relief Bill Rejuvenates PPP Loan Program
AGC and AASHTO applaud Biden choice of Pete Buttigieg to lead US DOT, planning of nonresidential construction projects is declining, construction employment lags pre-pandemic levels in 35 states, EEOC OKs asking job candidates for COVID vaccine history
Paving
5 Tips to Keep Your Cash Flowing
Most business fail because of a disruption in cash flow. Here are five tips to keep your cash flowing.
Business
Construction Tech Startup Katerra Receives $200 Million From Investor
Katerra
Katerra escaped bankruptcy through an investment from investor SoftBank.
Business
U.S. Department of Labor Final Rule Clarifies Independent Contractor Status
U.S. Department of Labor
Sharpening the test to determine who is an independent contractor under the Fair Labor Standards Act will reduce worker misclassification, reduce litigation, increase efficiency, and increase job satisfaction
Labor & Workforce Development
Do You Have the Right Employees in the Right Roles?
Construction Business Coaching
The owner, as head coach, has to strive to fill each position with the best players available who have the required experience, talent, attitude, and ability to win.
Business
US Construction Spending Sets a Record in November Despite Nonresidential Shrinkage
The value of total U.S. construction put in place rose 0.9% on soaring residential spending even as the pandemic-softened economy continues the nonresidential construction slump
Personal Protection Equipment
HeroWear Apex Exosuit Takes 50 lbs. of Strain Off User's Back
HeroWear LLC
Soft, textile-based exoskeleton weighs less than 4 lbs. and takes 50 lbs. of strain off the user's back muscles.
Business
Single-family Housing Continues to Thrive During Pandemic as Multifamily, Commercial Construction Struggle
The residential housing market has held strong and will continue to thrive in 2021, but multifamily and commercial construction aren't expected to fare as well post-pandemic.
Business
Specialty Building Products Majority Stake Acquired by Private Equity Firm
Specialty Building Products
Specialty Building Products has signed a definitive agreement where The Jordan Company will acquire a majority ownership position in SBP.
Business
Use a Cautious Approach to Construction Equipment Acquisition in 2021
GB Financial Services, LLC
With construction backlog uncertain for many, consider your needs and options when acquiring new or used construction equipment.
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