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Section: Business > Industry Trends
Trucks & Transportation
Tight Supply Market Drives Strong Demand for Equipment and Trucks
Ritchie Bros. Asset Solutions
Supply chain disruptions and microchip shortage create low supply environment.
September 10, 2021
Business
Cause of More Construction Job Losses in August More Serious than COVID-19 Delta?
Loss of 3,000 jobs accompanied by declining construction unemployment suggest labor costs will continue to rise as the industry’s workforce contracts and restricted material and skilled-labor supply dampen demand for projects
September 3, 2021
Business
Construction Economy Grows in August Despite Labor, Supply Chain Challenges
Institute for Supply Management (ISM)
Overall services sector dips as labor, supply chain issues persist, according to the latest Services ISM Report on Business.
September 3, 2021
Business
Manufacturers Struggle to Meet Demand; Economic Activity Grows in August
Manufacturers are reporting major supply chain disruptions and material shortages for August 2021. COVID-19 also played a role in continued labor shortages. Despite that, the manufacturing sector grew for the 15th straight month.
September 1, 2021
Construction News Tracker
Construction News: Dodge Forecasts 7% Starts Growth through End of 2021
Construction headline tracker includes: materials costs outstrip bid prices; 30 years after levying the tax, LA starts a new road; largest public project ever in RI enters final phase; US craftsmen hand-hew new truss for Paris’ Notre Dame Cathedral
September 1, 2021
Business
How to Overcome Construction Supply Chain Challenges
Here are some steps construction business owners can take now to ease the heavy burden of pressure being caused by supply chain disruptions.
August 31, 2021
Infrastructure
Job Creation a Winner Under Infrastructure Plan, But Who Will Do the Work?
According to an analysis by S&P Global, the infrastructure bill could add more than 880,000 jobs by 2030, but with 88% of contractors already struggling to find labor to do the jobs they have, who will fill these roles?
August 30, 2021
Construction Safety
COVID-19 Shuts Down Colorado Road Job for 2 Weeks
Reports of crewmembers' COVID infections or exposure to people who have the coronavirus stopped work on a $5 million job in Durango
August 27, 2021
Construction Technology
Technology is the Solution for Civil Construction's Skilled Worker Shortage
Leica Geosystems, Inc.
Civil contractors who increasingly say they need to attract younger workers have the power to optimize their current resources and upskill their teams with intelligent deployment of technology.
August 23, 2021
Business
Top 10 Construction Stories This Week: New OSHA Guidance to Protect Workers from COVID-19
Most-read construction stories include a vehicle mileage tax on the horizon, Deutz targets 2024 to produce hydrogen engine, Bill Gates promises $1.5B for green infrastructure, how mentors helped shape a woman’s construction career
August 20, 2021
Construction Technology
Construction Tech Materials Management Platform Nets $33 Million Investment
Agora attracted $33 million in Series B funding from investors for its construction technology platform.
August 12, 2021
Business
Tips on How to Keep the Cash Flowing After COVID-19
Deputy
Maintaining sustainable levels of cash flow for many construction companies is easier said than done. This article will seek to provide some solutions to this conundrum.
August 12, 2021
Construction Safety
3 Ways Construction Tech Helps Leaders Create Cultures of Proactive Safety
WorkMax by AboutTime Technologies
On a jobsite, no one ever intends to make a mistake or cause an accident. But there are ways to prevent and curb these inherent risks associated with working in construction.
August 11, 2021
Business
'Economy Pushing Forward Hard,' Service-Business Indicator Reaches Record High
Institute for Supply Management (ISM)
The ISM Services PMI registered its highest reading since the inception of the report in 2008. Business leaders express concerns about COVID-19 Delta variant impact.
August 4, 2021
Portable Generators
The U.S. Economy Expanded at a 6.5% Annualized Rate in the Second Quarter of 2021
Associated Builders and Contractors Inc. (ABC)
Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of the past seven quarters.
July 30, 2021
Business
Construction Employment Lags as Contractors Grapple with Labor Shortages, Supply Chain Issues
Despite a recovering U.S. economy, labor shortages and supply chain challenges have restrained broader construction employment gains.
July 30, 2021
Labor & Workforce Development
5 Strategies for Today’s (And Tomorrow’s) Labor Shortage
Caterpillar - Cat
The U.S. Department of Labor reports a record 9.3 million job openings. Here's what construction can learn from what’s happening today
July 29, 2021
Material Processing & Debris Handling
Road Building Optimism High as Industry Awaits Sustainable Funding
During the National Asphalt Pavement Association mid-year meeting, FMI shared their market outlook and the economic drivers impacting the demand for asphalt this year and beyond
July 20, 2021
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