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Section: Business > Industry Trends
Equipment
Caution: Cost Increases for Construction Materials Ahead
Tariffs on critical materials are likely to drive your costs upward.
May 15, 2018
Machine Grade Control, GPS, Laser & Other
[VIDEO] Robots are Months Away from Constructing Japan's Buildings
A top contractor develops autonomous material handling, welding and floor and ceiling installation as Japan readies for 2020 Olympics amid deepening labor shortages
May 3, 2018
Shimizu Corp., one of Japan’s largest general contractors, shifted trials of autonomous construction robots such as this roofing and flooring machine into high gear, and expects to have it working on a construction site in fall 2018.
Construction News Tracker
[VIDEO] Construction Costs Have Risen 10% in Anticipation of Tariffs’ Effects
Construction projects costs are already rising based on speculation of what the steel and aluminum tariffs full impact might be; plus more construction industry news in the April 19, 2018, edition of Construction News Tracker
April 19, 2018
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Financing, Insurance & Leasing
Tariffs Already Putting Pressure on Commercial Construction Industry
Increasing construction prices and future uncertainty over the proposed tariffs are already a cause for concern in the commercial construction industry
April 17, 2018
Construction Workers Rebar
Business
Building Momentum Favors Commercial Construction
Oldcastle Business Intelligence’s analysis of the Dodge Momentum Index highlights commercial building construction as a key construction-industry driver
April 13, 2018
The Dodge Momentum Index is 10.0% higher than in March 2017.
Construction News
CFMA CONFINDEX Survey Results Show Confidence Sags in Early 2018
CONFINDEX is CFMA's proprietary confidence index survey of CFOs in the commercial construction sector
March 29, 2018
Overall CONFINDEX reading declined by more than 6% during the first quarter and is down more than 10% on a year-over-year basis.
Business
3 Construction Industry Trends for 2018
MSI Data highlights three of the biggest trends construction contractors should prepare for this year to stay ahead of the competition
March 22, 2018
Excavators
Business
Federal Spending Bill to Boost Infrastructure by $21.2B
Republicans and Democrats have agreed on a fiscal 2018 spending bill that increases federal infrastructure spending by $21.2 billion. Highways will get a $3.5 billion boost under the bill's terms, and spending on airports will increase by $1 billion.
March 22, 2018
Us Capitol Building Courtesy Of Washington org
Construction News Tracker
[VIDEO] AGC Warns Metals Tariffs Imperil Contractors’ Financial Health
Steel and aluminum tariffs could make infrastructure less affordable, foil economic growth efforts and imperil contractors' financial health; plus more construction industry news on the March 22, 2018, edition of Construction News Tracker
March 22, 2018
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Equipment
4 Used Equipment Trends to Watch This Year
RDO Equipment Co.
The industry has a big effect on the used equipment market, from supply and demand to pricing. Here are four key areas to watch.
March 19, 2018
While demand for equipment to take on construction work is high, the supply of new machines isn't keeping pace. Used equipment can help fill the gap.
Construction Safety
Construction Labor Shortage May Be Contributing to Opioid Abuse
Overwork from a tight labor market can lead to exhausted workers and more dangerous jobsites - conditions that could exacerbate opioid abuse
March 16, 2018
Pills Credit Www weisspaarz com
Business
How to Avoid Contract Breaches During a Construction Labor Shortage
Contractors must fully understand the provisions outlined in contracts to ensure they’re not impacted by labor availability
March 14, 2018
contractors must fully understand the provisions outlined in Contracts to ensure they’re not impacted by labor availability. An honest mistake could spell disaster for a company that’s legally unprepared.
Business
Construction Likely 'Among Biggest Losers' in Trump’s Steel Trade War
President Trump’s unilateral choice to impose 25% tariffs on steel and 10% on aluminum imports signals contractors to lock in steel prices now with futures contracts
March 2, 2018
Anirban Basu, ABC chief economist, says, the construction industry 'stands to be among the biggest losers' among U.S. business sectors because of price increases on already inflated materials costs if tariffs and quotas on steel and aluminum are implemented.
Business
Wells Fargo: Contractor Optimism is at a 20-year High
The Wells Fargo 2018 Construction Industry Forecast's key measurement - the Optimism Quotient - is at a 20-year high of 133, 10 points higher than in 2017
February 28, 2018
The Optimism Quotient is directional in nature and gives an indication of industry executives’ optimism about the coming year compared to the previous year.
Construction News
Lowe's Develops Skilled Trades Workforce Development Program for Employees
Lowe's
Track to the Trades is a new workforce development initiative that aims to provide innovative career alternatives and financial support for employees to pursue a skilled trade.
February 26, 2018
Lowes
Construction News
Construction Labor Market Tightest Since 2000
IHS Markit
Rebound in oil, gas industries contributing to regional labor shortages, increased prices, says IHS Markit
February 21, 2018
Ihs
Construction News
Forecast Shows +5% Gain in Construction Starts Through 2022
Newly passed U.S. tax bill expected to induce more spending and growth in the construction sector
February 9, 2018
Constructconnect
Construction News
House Democrats Propose $1T in Infrastructure Spending
House Democrats call for $1 trillion infrastructure spending spread over 10 years
February 9, 2018
Us Capitol 2
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