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Section: Business > Industry Trends
Business
Construction Sector in Americas Most Optimistic Post-COVID & Sees Technology as Key to Growth
InEight
Global Capital Projects Outlook reports the construction sector in the Americas is optimistic about business prospects for the coming 12 months and sees digitization as a key opportunity for future growth.
July 19, 2021
Rental
How We View COVID-19 in the Rear-view Mirror
International Powered Access Federation (IPAF)
We are in a new place, never going completely back to where we were. What’s missing is a sense of what behaviors have changed for good and which are likely to revert to pre-pandemic norms.
July 18, 2021
Construction Technology
Digital Transformation Can Help Contractors Overcome Supply Chain Disruptions
Digital transformation is emerging as a critical tool to enable construction contractors to overcome supply chain disruptions and material procurement challenges.
July 16, 2021
Infrastructure
Civil Contractors Expect Increased Work Volume and Profits But Skills Gap Concerns Grow
Dodge Construction Network
Civil contractors are optimistic about work volume through 2022, but express growing concerns about how the skills shortage will affect their ability to handle infrastructure projects.
July 15, 2021
Business
Uncertainty, Building Costs and Labor Shortages Weigh Dodge Momentum Index Down in June
Dodge Construction Network
The Momentum Index remains at a near 13-year high despite uncertain demand, higher material costs and labor shortages pushing it downward for the month.
July 8, 2021
Construction News Tracker
Construction News: President and Senators Agree on Infrastructure-Bill Scope as Construction Spending Slows
News Tracker includes House of Representatives passing a $715 transpo and water bill, what lead to May’s decline in construction spending, status of Miami condo-tower collapse, lumber prices’ June plunge, an optimistic construction forecast into 2022
July 8, 2021
Business
Construction, Services Sector Continues Growth in June
The services sector, which includes construction, continues to grow, although many materials remain in short supply, driving up prices and lead times, according to the Institute for Supply Management (ISM) Report on Business.
July 6, 2021
Paving
Material Shortages Have Contractors in Crisis Mode
From paint shortages to labor challenges, contractors are faced with turbulent times as the economy is rebounding after the coronavirus pandemic, supply chain logistics issues and a fury of wild weather.
July 2, 2021
Business
Softening Housing Growth Allows a Surprise Slide in May US Construction Spending
Investments in housing construction did not grow enough to continue overcoming the months-long decline in nonresidential spending, but promising hints of softening lumber prices and infrastructure funding offer short- and long-term hope
July 1, 2021
Business
Manufacturing Continues to Grow for 13th Month
Institute for Supply Management (ISM)
New orders and production are increasing, while employment is contracting, according to the ISM PMI Manufacturing report for June.
July 1, 2021
Digging Deeper
Which Technologies Spurred by Pandemic are Boosting Construction Profitability Most?
Egnyte Inc.
With COVID, everybody became a fast adopter of video conferencing, of course, but here’s how some are finding technology that delivers the greatest, fastest permanent gains in construction-project efficiency
June 28, 2021
Construction Technology
Safety Wearables Startup Receives Investor Funding
Triax Technologies, Inc.
The investment in Triax Technologies illustrates the growing interest in using IoT to improve safety on work sites.
June 24, 2021
Construction Technology
Q&A: Which Tech is Driving Construction's Post-Pandemic Digital Shift?
Comdata
COVID-19 has expedited the transition from manual processes to more automated systems, improving efficiencies in accounts receivable, remote work and fraud prevention
June 24, 2021
Business
US Housing Starts Bounce Back, But the Housing Shortage Continues to Grow
May construction growth counteracts starts rates that have drifted down from early-year highs, but detailed annual analysis of housing data shows frenzied pandemic home building disregarding first-time-buyer and low-income housing needs
June 18, 2021
Construction News
Four Issues the Construction Industry Must Address as Part of the Post-Pandemic Recovery
As we return to normalcy, experts say the U.S. construction industry needs to be fully prepared for a potential $35 trillion construction boom
June 17, 2021
Equipment
Why You Should Consider Temporary Workers for Your Construction Projects
Gig workers are an option to fill some gaps in your workforce without the long-term commitment, and challenges, of hiring skilled labor.
June 17, 2021
Business
Thirty-Five Percent of Contractors Turning Down Work Due to Labor Shortage
According to second quarter data from the U.S. Chamber of Commerce Commercial Construction, 88% of contractors are having difficulty finding workers forcing them to pull back on projects
June 17, 2021
Business
Builders Start Blaming Waning Confidence on Material Prices Just Before Lumber Prices Fall
NAHB/Wells Fargo Housing Market Index shows builder confidence dip to its lowest level since last August, but research supporting those numbers was done before lumber prices had convincingly tumbled
June 15, 2021
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