Tag: supply chain

April 11, 2024

Earlier this week, the consumer price index in March also rose more than forecast for the third straight month, according to the Bureau of Labor Statistics. Ken Simonson, chief economist at the Associated General Contractors of America, echoed Basu’s sentiment […]

December 14, 2023

The supply chain and overall construction industry is truly made up of its people. It is common for crews to work together for years, spanning the globe together and learning to rely on one another and the skills they have […]

October 9, 2023

If financial conditions improve in early 2024, steady planning activity should follow too, said Martin. But lingering high interest rates, continued supply chain snarls and tighter lending standards are likely to continue to weigh on the commercial segment, including office, […]

September 19, 2023

Kali Bonnell has built her construction career at Redwood City, California-based DPR Construction, where she worked her way up from intern in 2008. In May, she advanced from project engineer with the firm’s Special Services Group to its Atlanta business […]

July 31, 2023

We are at a turning point in the construction industry. Organizations are choosing to embrace the technology revolution to win more projects with more profitable margins, deliver them more efficiently and safely, and develop a sustainable competitive advantage. However, construction […]

March 13, 2023

Before 2020, the idea of lengthy wait times for construction materials was not only unheard of, it was unacceptable. Over the last two years however, as the supply chain crisis has continued, material shortages in construction have become a reality […]

January 30, 2023

In the wake of the turbulent Covid-19 pandemic, the Construction and Engineering industry will need to continue in its fight to become more resilient and agile. As the global market continues to be pressured from new events including recessions, increased […]

October 20, 2022

Procore Technologies, and Dodge Data & Analytics recently released the results of the 2022 Top Business Issues for Specialty Contractors Report. The Dodge report highlights issues impacting specialty contractors, including workforce management and the construction supply chain. Five types of […]

September 6, 2022

As head of Ernst & Young’s global construction and engineering practice, Erin Roberts has kept a close eye on the market’s swings during the pandemic. From the tax implications for contractors of federal infrastructure spending to materials hoarding during the […]

August 4, 2022

The number of construction job openings fell by 71,000 in June to 334,000 from May, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey data. While monthly jobs declined, […]

July 18, 2022

Impacts from a rise in construction material prices are still being felt despite some recent signs of prices stabilizing, according to new analyses by the Associated General Contractors of America and the Associated Builders and Contractors. According to an analysis […]

July 12, 2022

While not universally positive, Pendergrass’s outlook for 2H 2022 pointed to key areas displaying better conditions for contractors. “As we move into the back half of 2022, tighter financial markets, slower growth and a continued improvement of supply bottlenecks could […]

June 7, 2022

The president can invoke the 1950 DPA to order private businesses to prioritize the production of materials that have been deemed necessary for national defense. In addition to pausing tariffs amid an ongoing Commerce Department probe to shore up the […]

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 […]

March 7, 2022

Many economic issues caused or worsened by COVID-19 have abated, and will continue to fade, according to ABC’s Chief Economist Anirban Basu. “Evidence indicates that contractors have had a somewhat easier time filling available positions recently,” Basu said in a […]

February 14, 2022

Here we go again — another day, another bother. Construction leaders are waking up to yet another morning with a list of issues that doesn’t seem to get shorter. It’s not that construction hasn’t always been challenging, but two years […]

February 9, 2022

With increased labor shortages, supply chain delays and COVID-19 restrictions, the pandemic has amplified common sources of conflict in construction, like changes in project scope, unforeseen physical conditions and poor project management. However, experts say that the pandemic has also […]

January 4, 2022

At a time when delays in the freight supply chain are in the spotlight, the U.S. Dept. of Transportation has awarded $241 million to 25 projects aimed at improving port infrastructure. The winning projects, which U.S. DOT announced on Dec. […]

October 27, 2021

We’re a little over a year and a half into the COVID-19 pandemic and the construction industry, like many other industries, is maneuvering several obstacles on its road to recovery. I think it’s important that we take time to understand […]

July 26, 2021

As a project executive at Chicago’s largest general contractor, Joe Pecoraro is accustomed to wielding Skender’s clout and financial resources to get his jobs done. When all else fails, money always talks. But right now, he needs a door package […]