Tag: economic

August 11, 2023

Economic forecasts for the U.S. are reflecting a happier vibe. To be sure, long-term U.S. Treasury bond interest rates are lower than those for short term bonds—a phenomenon that has typically been followed by recession. Office building and shopping mall […]

March 8, 2023

Sarah Martin, Dodge’s associate director of forecasting, said despite the more challenging economic conditions, the new data tracks closely with past building cycles. “The continued elevation in the DMI should provide hope that construction activity will grow in 2024,” Martin […]

October 12, 2022

The Trump administration rule placed more emphasis on two factors: the nature and degree of workers’ control over their work, and the opportunity for profit or loss based on initiative, investment or both. Under the DOL’s proposed rule, the six […]

April 20, 2022

After two years of pandemic-related fits and starts, builders are set for a busy spring. Construction and engineering spending reached $1.57 trillion in July 2021, according to Deloitte, and revenue growth will likely accelerate in 2022. In a survey of […]

January 10, 2022

In late December, Deron Brown was having trouble finding a hotel room in Phoenix for a January conference. And from his perspective, that was a good thing. As president and chief operating officer of U.S. operations for Edmonton, Canada-based PCL […]

March 23, 2021

Brown also highlighted Walsh’s union experience and said he can “defend workers’ rights to organize, to give them power in the workplace and crack down on corporate union busting.” Walsh’s nomination aligns with President Joe Biden’s campaign promise to create […]

January 14, 2021

Running a business is never easy but U.S. corporate leaders say that recent political and economic uncertainty could make it more difficult than ever. Unfounded allegations around the legitimacy of the presidential election, last week’s mob attack on the U.S. […]

November 9, 2020

Construction Dive reached out to Skanska for a response to the lawsuits, but a spokesperson said the company does not comment on matters of existing or pending litigation. After the property damage caused by the barges became apparent, Skanska told […]

October 28, 2020

It is no news that the global economy has been a bit shaky for years now, then the pandemic struck and everything went spiraling downward. Statistics show that unemployment was at 14.7% in April 2020, the highest rate in America […]

April 24, 2020

President Trump has signed a compromise measure that provides $310 billion to revive the federal Paycheck Protection Program (PPP)—which aims to assist financially strapped small businesses, including those in construction, engineering and building materials—with forgivable loans to help them cope […]

November 20, 2019

As the market reaches the late stages of the recovery cycle, experts don’t predict an impending downturn in the U.S., bolstered in part by increases in public-sector work, according to economic forecasts analyzed by ENR. “We’re not expecting a recession […]

April 29, 2019

The U.S. economy expanded at an annualized 3.2% rate during the first quarter of 2019, according to an Associated Builders and Contractors assessment of data released today by the U.S. Bureau of Economic Analysis. The pace of growth exceeded expectations, […]

May 2, 2017

The U.S. economy’s performance slowed in the first quarter of 2017, but nonresidential fixed investment expanded at an impressive 9.4 percent seasonally adjusted annual rate, according to analysis of U.S. Bureau of Economic Analysis data recently released by Associated Builders […]