In the ever-evolving economic landscape of 2024, the nonresidential construction sector of the United States finds itself in a state of delicate balance. The slight increase in nonresidential construction spending as of August 2024 may seem underwhelming at first glance, but a deeper dive reveals a
In a shocking case of pandemic-related fraud, two Brooklyn contractors, Nurus Safa, 65, and his son Maidal Safa, 34, have been charged with grand larceny for allegedly defrauding the Paycheck Protection Program (PPP) of over $1 million. The indictment accuses the father and son of fabricating tax
The vibrant campus of Tufts University has been the epicenter of escalating tension and protests led by the North Atlantic States Regional Council of Carpenters. These protests are rooted in deep-seated concerns regarding the university’s hiring of general contractors who subcontract companies
The current state of non-residential construction spending in the United States paints a complex picture marked by significant financial pressures and a pronounced labor shortage. Contractors are now caught between the impact of persistently high interest rates and difficulties in mobilizing a
The construction industry in the United States is grappling with a critical labor shortage that threatens to derail project timelines and operational efficiency, according to a recent workforce survey by the Associated General Contractors of America (AGC) in collaboration with HR technology firm
Planera, a dynamic construction tech startup, has recently garnered significant attention in the industry by raising $13.5 million in a funding round. The company, celebrated for its cutting-edge scheduling and planning software specifically designed for commercial construction projects, aims to
