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Tag: material prices


Construction Processes, Procurement

AGC, ABC Say Contractors Face Continued Pressure From High Material Prices

July 18, 2022

Via: ENR

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 […]


Sustainability

The Construction Industry’s Rocky Road to Recovery

October 27, 2021

Via: ConstructConnect

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 […]


Construction Processes, Procurement

Pricing insanity: Material costs escalate, driving contractor desperation

October 18, 2021

Via: Construction Dive

At conventions, on Zoom calls and in casual conversation, it’s the only thing contractors talk about anymore. Everyone wants to know how everyone else is dealing with the rapid escalation of material prices, a crisis that revved up last spring […]


Construction Processes, Financial, Procurement

Gilbane exec: COVID-19 will lead to lower material prices

June 2, 2020

Via: Construction Dive

Joe Piro is the vice president of supply chain for Providence, Rhode Island-based Gilbane Building Co., the 10th largest contractor in the U.S., according to ENR’s Top 400 List. Since the coronavirus crisis began, Piro has been tracking supply chain […]


Construction Processes, Financial, Procurement

How seasoned construction pros handle the cost of scaling up

September 5, 2018

Via: Construction Dive

An upturn in home-buying and commercial development is a boon for the construction industry, but the pressure to grow can squeeze construction companies grappling with cash flow, expenses and expansion. In April, privately-owned housing starts jumped 12.4%, to an annualized […]


Construction Processes, Financial

Report: Construction execs positive on short-term growth despite rising material prices, labor shortage

July 10, 2018

Via: Construction Dive

Not even a month ago, the Equipment Leasing and Finance Foundation’s Vertical Market Outlook Series – Construction report also said that both residential and commercial construction markets should continue to grow by at least 5% through the end of this […]


Construction Processes, Financial, Procurement

2018 U.S. Construction Prospects

May 25, 2018

Via: ConstructConnect

Today we’ll be looking at what economists Alex Carrick, ConstructConnect; Kermit Baker, American Institute of Architects (AIA); and Ken Simonson, Associated General Contractors of America (AGC) have to say about the outlook for construction in 2018. We’ll also look at […]


Construction Processes, Financial, Procurement

December material prices edge down, up 5% for 2017

January 12, 2018

Via: Construction Dive

A too-narrow narrow gap between natural gas and crude oil prices contributed to the decision that South Africa-based chemical and energy company Sasol made to cancel its plans to build a $15 billion gas-to-liquids (GTL) factory in Louisiana next to its $11 […]


Construction Processes, Procurement

Construction material prices rise for fourth-consecutive month

April 14, 2017

Via: Construction Dive

The rise in construction material prices likely slowed due to depressed confidence in U.S. economic growth for the coming year, according to ABC Chief Economist Anirban Basu. He said in a release that reports suggest the country’s GDP for the […]