Economy


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    The IIJA sets aside $100M for contech. When will it arrive?

    Agencies have not yet hammered out the details, but the funding could follow a predictable path set by the federal government.

    By May 18, 2022
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    KeithBinns via Getty Images

    How $21B in foreign investment is shaping the multifamily landscape

    This four-part series looks at how capital from outside the U.S. is moving into multifamily — and the types of properties and places investors seek.

    By Robyn Griggs Lawrence • May 17, 2022
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    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
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    D. Lentz via Getty Images

    The top 10 residential builders of 2022

    Dallas, Texas-based D.R. Horton remains at the top of the list for the 20th year in a row with 81,981 homes closed last year.

    By Mary Salmonsen • May 16, 2022
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    The image by Reg Natarajan is licensed under CC BY 2.0

    WSP beats earnings expectations, maintains guidance

    The Canadian contractor saw strong backlog growth in the first quarter and said its 2022 plans already account for inflation. 

    By May 13, 2022
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    stock.adobe.com/Leonid and Auremar

    Sponsored by Trimble ProjectSight

    Looking beyond cost codes in construction management software

    Given the high monetary stakes and the complexities at various stages of the project, construction companies need to rely on standardized processes to keep an eye on costs.

    By Ricci Stevens • May 9, 2022
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    Spencer Platt via Getty Images

    Despite $21.6M loss, Tutor Perini sticks to its guidance

    The Los Angeles-based infrastructure giant reiterated its full-year outlook, even though it went into the red in the first quarter.

    By May 5, 2022
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    Sean Gallup via Getty Images

    Report: GCs more likely than subs to get paid on time

    General contractors have fewer problems collecting payments compared to other types of construction businesses, according to new data from Levelset.

    By May 2, 2022
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    Scott Olson via Getty Images
    Column

    5 ways to manage suppliers during disruption

    Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

    By Praveen Kumar Soni • May 2, 2022
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    Drazen_ via Getty Images
    Sponsored by Quickbase

    The 5 benefits of lean construction practices

    Lean construction benefits customers, your business and the environment. Learn how that's possible.  

    May 2, 2022
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    Courtesy of Granite Construction

    Granite posts nearly 20% quarterly revenue loss as it works through less profitable projects

    The California company's CEO is optimistic about shifting away from large, complicated builds and expects a boost from the infrastructure act.

    By April 29, 2022
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    Permission granted by IUPAT District Council 3

    Kansas City IUPAT accepts contract, largest pay increase in 17 years

    Union painters in Missouri went on strike for eight days, demanding higher wages from a construction employment group.

    By April 21, 2022
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    Sean Gallup via Getty Images

    Economic headwinds threaten construction's spring recovery

    A busy winter and pent-up demand have accelerated supply chain problems for U.S. contractors like Turner and Messer.

    By Jen A. Miller • April 20, 2022
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    Opinion

    What contractors that work in Russia need to know

    The invasion of Ukraine has set off multiple crises. How should U.S. construction firms that work in Russia deal with these issues?

    By Anazette Ray and Michael Vardaro • April 18, 2022
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    David McNew via Getty Images

    Diesel price surge fuels construction inflation alert

    AGC Chief Economist Ken Simonson issued his seventh price warning in 13 months, marking an unprecedented rise in costs, but contractors' bid prices have yet to catch up. 

    By April 13, 2022
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    Karen Ducey via Getty Images

    North American crane count increases 4.74%

    Rider Levett Bucknall's most recent crane index, an indicator for construction's economic health, made up for losses from last year.

    By Updated April 8, 2022
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    Sitthiphong via Getty Images

    Contech companies' revenue booms amid pandemic, supply chain issues

    Firms of all sizes have prospered since COVID-19 challenges pushed contractors toward wider tech adoption.

    By April 6, 2022
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    Anna Moneymaker via Getty Images

    By the numbers: Biden's budget priorities for transportation

    A proposal to spend $3 billion in freight and highway projects is among the president's requests to Congress.

    By Colin Campbell • April 5, 2022
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    Chris McGrath via Getty Images

    Destruction to Ukraine's infrastructure estimated at $63B

    Roads have been most damaged at $27.5 billion, according to a Kyiv School of Economics analysis, followed by housing and civilian airports.

    By April 5, 2022
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    Spencer Platt via Getty Images

    More inflation, recession ahead: construction economist

    Supply chain issues will persist for years, but commodity pricing relief is on the horizon, predicts Associated Builders and Contractors' Anirban Basu.

    By April 4, 2022
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    Zach Gibson via Getty Images

    Biden pushes 28% corporate tax rate

    Companies should prepare for new or higher corporate taxes in light of President Joe Biden's 2023 budget proposal, experts say.

    By Maura Webber Sadovi • April 1, 2022
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    Sean Gallup via Getty Images

    US eases tariffs on UK steel and aluminum

    The deal will partially lift tariffs on steel and aluminum exports from the U.K. beginning June 1.

    By Sarah Zimmerman • March 24, 2022
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    metamorworks via Getty Images

    Cemex Ventures launches 6th edition of contech competition

    Winners will receive invitations to pitch their products to investors.

    By March 23, 2022
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    cscott4 via Getty Images

    Bidding wars break out in NY while San Fran multifamily properties struggle

    The major coastal metros are following different paths to recovery.

    By Leslie Shaver • March 23, 2022
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    Drew Angerer via Getty Images

    Gas tax suspension would erode infrastructure funding, road builders say

    Six Democratic governors put forward a bill to pause the tax, as gas prices climb due to inflation and Russia's invasion of Ukraine.

    By March 22, 2022
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    Waseem Farooq. (2018). "Business meeting" [Photo]. Retrieved from pxhere.
    Opinion

    5 steps to transfer a construction business to a family member

    Succession planning can be complicated, but these tips will smooth the process, writes a corporate strategy expert.

    By Frank Williamson • March 22, 2022