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Section: Business > Industry Trends

Project Management

How Live Field Data Can Inform Construction Project Managers

WorkMax by AboutTime Technologies

The U.S. construction industry’s outlook is positive for the remainder of 2022. Yet, while an influx in government spending is expected to drive construction activity, companies still face a number of the same obstacles they overcame in 2021.

April 5, 2022

The U.S. construction industry’s outlook is positive for the remainder of 2022. Yet, while an influx in government spending is expected to drive construction activity, companies still face a number of the same obstacles they overcame in 2021.

Rebuilding America: The Challenges Subcontractors Face Within The Infrastructure Plan

Exploring the Infrastructure Plan regarding how to pay the rising costs of materials and how to recruit and keep skilled workers.

March 28, 2022

The Challenges Subcontractors Face Within The Infrastructure Plan

5 Ways the Construction Industry is Changing in 2022 Due to COVID-19

While almost every industry has been affected by COVID-19, the challenges experienced by contractors have been especially daunting.

March 25, 2022

construction safety

Housing Starts Leap in February just before Fed Rate Policy Turns Cool

Starts rose about the same percentage as existing home sales fell in February, just before the Federal Reserve raised interest rates, war in Ukraine rattled the global economy and COVID surged in Asia.

March 21, 2022

03212022 Us Housing Starts Permits

State of the Industry: Resilient Rental Industry Ready for 2022

Despite challenges like the labor shortage and supply chain strains, industry members expect the equipment rental industry to grow and beat expectations.

March 21, 2022

Point of Rental Syrinx

2022 State of Construction: New Year Brings More Uncertainty with Supply Chain and Labor Concerns

While the supply chain issues will be corrected over time, the labor shortages plaguing the construction industry are expected to intensify.

March 21, 2022

Lumber prices have nearly tripled in recent months, causing prices to increase for both single-family and multifamily construction. The average single-family home increased by more than $18,600 while multifamily witnessed an average $7,300 increase.

Construction Equipment Rental Market to Reach $135.7B by 2027

The report attributes the market growth to the availability of numerous construction equipment rental options available to the industry, which can help fill the void during outages and supports logistic and financing goals.

March 15, 2022

Labor Secretary Promotes Diversity with Infrastructure Bill Job Creation

In a Memorandum of Understanding, the Department of Labor said they will work to “ensure [IIJA] investments lead to good jobs and that workers have the training they need to access these jobs, especially women, people of color."

March 11, 2022

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Understanding and Overcoming Your Supply Chain Woes

Why is the supply chain crisis gearing up to impinge on contractors' 2022 season yet again, two years into the pandemic? Here's what you need to know about the problem, and some ways to combat these challenges with help from your suppliers.

March 10, 2022

Embracing Change is Key to Attracting Women to Careers in Construction

With changing dynamics, we are seeing more women in construction, smaller pay gaps and increased opportunities for growth. If you want to get a job in this field, you need to build your skills and knowledge.

March 8, 2022

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Headwinds Could Delay Construction Equipment Market Recovery

Association of Equipment Manufacturers (AEM)

While growth is expected, lingering pandemic concerns, ongoing supply chain issues, labor shortages and inflation could slow momentum.

March 7, 2022

Labor & Workforce Development

Scarcity of Labor and Aging Workers to Widen Construction Labor and Skills Gaps

The construction industry has faced a growing skilled labor shortage for years. But conditions are expected to substantially worsen in 2022 and 2023.

March 3, 2022

Madison Hwy30 Project (38)

Construction Technology

A Peak at the Future of Construction

3D-etched cladding, wall panels delivered with windows and mechanicals and only a handful of advanced materials could be a glimpse into construction's future

March 1, 2022

Nonresidential Sector Dipped in Q4 2021 But Fails to Dampen Contractor Optimism for 2022

Even as expectations improved with respect to business and financial conditions, nonresidential construction activity slipped in Q4.

February 24, 2022

Historic Level of Funding Dedicated to Strengthen Port Infrastructure and Supply Chain Resiliency

U.S. Department of Transportation

Under the Bipartisan Infrastructure Law, Port Infrastructure Development Program Grants will receive $450 million, its largest investment ever.

February 23, 2022

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Lawn, Landscaping Industry Outlook Positive for 2022

Despite issues, the landscape industry is ‘open for business’ as many homeowners rethink and prioritize their outdoor space.

February 20, 2022

Adobe Stock Pellinni Large

Construction Backlog and Contractor Confidence Both Slide Lower in January

Associated Builders and Contractors Inc. (ABC)

Although the last two months have indicated declining backlog, ABC's chief economist says "the dips are not cause for particular concern."

February 17, 2022

02172022 Abc Confidence

Factors Influencing 2022 Construction & Cement Growth: The Good, The Bad and The Better

Downside risks continue to plague the industry, but as Ed Sullivan, Portland Cement Association, points out, there is upside potential for construction activity and resulting cement consumption.

January 27, 2022