Economy: Page 2


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    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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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
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    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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    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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    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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    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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    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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    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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    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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    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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    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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    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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    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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    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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    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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    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
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    Utah's tallest high-rise project under construction

    The 372-unit Astra Tower, a luxury apartment building developed by Kensington Investment Co., is set to open in 2024.

    By Mary Salmonsen • March 18, 2022
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    Courtesy of Balfour Beatty

    Balfour Beatty profits rise, revenue dips as company focuses on future of infrastructure

    The builder emphasized a strong backlog and increased its share buyback plan.

    By March 10, 2022
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    Sean Gallup via Getty Images

    Inflation, material delays, labor issues: Pros face a trifecta of pricing woes

    Construction costs are rising as much as 30% from the time a project is bid on until it is complete, one expert told Construction Dive.

    By Chris Barnett • March 4, 2022
  • Public construction firms announce earnings

    Several of these industry giants reported losses in their most recent financial periods while others saw profits fall.

    March 1, 2022
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    Chris McGrath via Getty Images

    Ukraine war 'likely to have multiple effects' on materials prices

    Inflation is casting shadows over how much the $1.2 trillion in the Infrastructure Investment and Jobs Act can ultimately accomplish.

    By March 1, 2022
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    Russia's invasion of Ukraine throws another wrench into supply chains

    Carriers are halting operations and suppliers are at risk. War is "a worst-case scenario," one analyst said.

    By Colin Campbell • Feb. 25, 2022
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    New report details how states are spending $350B from the American Rescue Plan

    Infrastructure, prisons and broadband are three categories that are already receiving funding.

    By Feb. 24, 2022
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    Deep Dive

    Hoarding, ghost orders and pop-up warehouses: construction's new supply chain playbook

    Material prices have hit a 35-year high. Here's what contractors are doing to survive inflation.

    By Feb. 23, 2022