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Section: Business > Industry Trends
Financing, Insurance & Leasing
Innovation in Construction Will Help Operators Meet the Challenges of 2024
ButcherJoseph & Co.
ESOPs allow sellers to realize the value for their company while retaining legacy and rewarding their employees.
February 18, 2024
Concrete
PCA's Concrete & Construction Economy Outlook for 2024
American Cement Association
Citing factors like the end of COVID-19 relief programs, the lagged impacts of monetary policy, and credit tightening, PCA's Ed Sullivan says that the economy will gradually weaken, but also forecasts that it will recover in the second half.
February 7, 2024
Business
ABC Reveals Construction Job and Labor Data Shows Consistent Worker Shortage
Associated Builders and Contractors Inc. (ABC)
Industry job openings decreased by 21,000 last month and are down by 39,000 from the same time last year.
February 2, 2024
Business
Forward Bound: Reflecting on 2023's Construction Trends, Envisioning 2024
RDO Equipment Co.
Technology can help provide you with the project reporting requirement to document progress on key performance metrics such as completion rates.
January 26, 2024
Labor & Workforce Development
State of the Industry: Construction in 2024
Equipment Today releases its annual State of the Industry report on the construction sector.
January 12, 2024
Business
Trimble Sector VP Discusses the Construction Industry Moving into 2024
Trimble Inc.
McLachlan says the labor shortage was the biggest industry challenge in 2023 and will continue into the New Year.
January 12, 2024
Business
Chief Economist for AGC Discusses the State of the Construction Industry
Associated General Contractors of America (AGC)
Simonson points out that the industry labor shortage will continue into 2024 and that robots and offsite production will grow this year.
January 12, 2024
Business
Manitou VP Weighs in on the State of the Construction Industry
Manitou North America, LLC
Nartish expects data and data management to be a top area of innovation moving into 2024.
January 12, 2024
Business
Link-Belt Experts Weigh in on the State of the Construction Industry
Link-Belt Excavators
They look forward to a continued decrease of supply chain issues and increased use of technology to improve productivity and efficiency and help with the workforce shortage.
January 12, 2024
Business
Wacker Neuson America Expert Talks the State of the Construction Industry
Wacker Neuson America Corporation
Reichetseder sees engine and drivetrain efficiency and equipment electrification as the main areas for innovation moving into 2024.
January 12, 2024
Business
An Expert from DEVELON North America Discusses the 2024 State of the Industry
DEVELON North America
Sherman says that alternative power has the most potential for innovation moving into next year.
January 12, 2024
Business
Associated Builders Names Top 10 States for Construction
Associated Builders and Contractors Inc. (ABC)
The scorecard ranks all 50 states and the District of Columbia based on policies and programs that strengthen career pathways in construction, encourage workforce development and advocate for fair and open competition.
December 7, 2023
Business
ABC Reveals Data Showing Decrease in Worker Demand Along With a Continuing Labor Shortage
Associated Builders and Contractors Inc. (ABC)
Worker demand is slowing but there is still a significant shortage of workers available.
December 5, 2023
Material Processing & Debris Handling
4 Ways Equipment Management Can Lower Insurance Premiums
Death and taxes may be inevitable, but contrary to what some may think insurance doesn’t have to fall into the category of inevitable and insurmountable challenges—especially for the construction industry. While current challenges to the industry can also create FUD for the insurance industry (fear, uncertainty, doubt), advances in equipment management technologies can also ease the concerns of insurance companies while improving construction’s bottom line.
November 26, 2023
Business
Technology is Reshaping What it Means to Run a Lumber and Building Materials Business Successfully
ECI Software Solutions
Advancements in ecommerce, inventory management, business intelligence, machine intelligence, and sales and financial forecasting are reshaping the LBM landscape.
November 13, 2023
Business
3 Construction Trends You Can’t Ignore: Why a Former Congressman Sees a Building Revolution Coming
Togal.AI
Soaring home prices, the nation’s most expensive property insurance market, high interest rates and increases in construction costs are all contributing to a housing affordability crisis in a state that cannot keep up with the demand.
November 3, 2023
Business
Construction Adds 16,000 Jobs in September
Several economic indicator reports relevant to the construction industry were released today, helping to paint a picture of the outlook moving into the fourth quarter of 2023.
October 4, 2023
Rental Business
Editor's Note: The Strong Rental Companies Survive
Rental Editor Sarah Webb discusses how rental companies can take the challenges presented by the current business climate—such as inflation, labor constraints and supply chain issues—and turn them into opportunities so they can thrive as a business.
August 25, 2023
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