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Section: Business > Industry Trends
Paving
3 Trends Pavement Contractors Should Watch in 2022
From inflation to combating the labor shortage, here are three key trends contractors should keep an eye on this year.
January 19, 2022
Business
Wells Fargo Measures Very Optimistic 2022 Contractor Outlook in a Cautiously Optimistic Time
An Optimism Quotient deep in ‘strongly optimistic’ territory showed greater growth than registered after recovery from the Great Recession. How accurate is contractor sentiment likely to be in the face of systemic labor shortages and an erratic pandemic?
January 18, 2022
Equipment
ELFA's Top 10 Equipment Acquisition Trends for 2022
Investment by U.S. businesses in equipment and software is forecast to be almost $2 trillion in 2022
January 14, 2022
Business
Supreme Court Puts Biden COVID Vaccination/Testing Mandate on Hold
In two contrary decisions on workplace vaccination standards, the high court offers clarity on the kinds of actions the federal government can and cannot take to protect workers in a pandemic. Labor organizations have committed to pursuing those options.
January 13, 2022
Business
Refusing to Try is the Worst Choice for Employers Facing OSHA’s COVID-19 Emergency Standard
The Supreme Court has not yet ruled on the OSHA Emergency Temporary Standard but the standard is currently in effect. Lawyers suggest that the best way to draw a fine while the case is being litigated is to refuse to try and comply.
January 10, 2022
Plants
Used Plant Gives Missouri Asphalt Producer New Life
Emery Sapp & Sons avoids supply chain issues with a new plant by purchasing a used CMI plant and making it their own
January 10, 2022
Business
Construction Shows Growth in December
Economist shrugs off slight dip in services sector economic report.
January 6, 2022
Business
Labor Shortage Could Be 2022’s Biggest Barrier to Construction Growth
LaborIQ by ThinkWhy forecasts 3.9% expansion in job gains for Construction and Extraction occupations in 2022, but growth could be hindered by limited labor supply.
January 3, 2022
Business
Supreme Court to Act Urgently Next Week on COVID Vaccination Mandate Cases
The OSHA emergency standard currently requires employers of 100 or more to either vaccinate or test workers starting in January. Justices will reconvene early in January to hear oral arguments and decide whether to block the regulation.
December 23, 2021
Business
Appeals Court Overturns Stay of OSHA’s COVID-19 Emergency Standard and It's Headed to the Supreme Court
The 6th Circuit Court of Appeals last week dissolved the stay against enforcement of OSHA’s vaccinate-or-test requirement for employers of more than 100, OSHA changed its deadlines and final appeals went to the High Court
December 20, 2021
Construction Technology
Changing the Construction Landscape: How Technology is Improving Workflows
Linesight
COVID-19 changed priorities on construction sites in ways that accelerated adoption of BIM, drones, virtual reality and artificial intelligence. Here’s how proliferation of those techs is raising the stakes in construction
December 20, 2021
Business
Commercial Construction Recovery Stalls in Q4 as Contractors Struggle to Find Workers, Materials
91% of contractors report high difficulty finding skilled workers and a record-high 95% are facing at least one product shortage.
December 16, 2021
Business
Construction Backlog and Contractor Confidence Rebound on Performance and Promise
Associated Builders and Contractors’ November Construction Backlog Indicator shows improved confidence as the historic roadbuilding funds are apportioned to states and the Fed plans attack on inflation
December 15, 2021
Business
How to Navigate Equipment, Personnel and Inflationary Pressures on Profits in 2022
GB Financial Services, LLC
Navigating the maze of equipment, personnel and material costs plus rising inflation will take some planning to ensure a profitable New Year.
December 14, 2021
Infrastructure
Former U.S. Transportation Secretary Discusses Benefits, Drawbacks of Infrastructure Bill
Elaine Chao discusses benefits of the bill and says it will help move projects forward faster, make the United States more competitive globally and also help combat rising costs but misses the mark on some initiatives
December 10, 2021
Construction Technology
3 Ways Technology Can Overcome Construction Challenges and Where to Start
RDO Equipment Co.
There are compelling reasons to look to technology to address ongoing challenges and ensure both short- and long-term gains.
December 6, 2021
Business
Inflation, Supply Disruptions and Labor Shortage Stalled Construction Recovery in Q3 2021
Marcum
Higher construction costs and lack of labor will continue to be a factor in profitability on future projects, says Marcum chief construction economist.
December 3, 2021
Equipment
Guide to Market Trends and Options That Impact ROI When Selling Used Equipment
Find resources on market trends plus insights to aid your decision-making process, and increase profits, when selling used equipment.
December 2, 2021
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