Economy: Page 30


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    Construction's top stories by the numbers

    From top commercial contractors to tax-saving strategies and the priciest sports venues of all time, here is a roundup of nine of Construction Dive's most-read stories this year.

    Oct. 1, 2021
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    Courtesy of Ohio State University
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    The 7 biggest megaprojects that have broken ground this year

    Each of these builds, ranging from office towers to arenas, cost over $1 billion.

    By Oct. 1, 2021
  • Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
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    Permission granted by James Kim Photography + PC Construction
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    Shortages have created a 'traffic jam' in construction: Lennar

    A lack of labor and items, including vinyl siding and wood windows, are delaying production and creating "a game of whack-a-mole" for the industry.

    By Sarah Zimmerman • Sept. 27, 2021
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    George Frey/Stringer via Getty Images
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    Contractors lost $1.8 trillion globally in 2020 due to bad data, new report says

    Bad data also may have caused 14% of all rework, accounting for $88 billion in losses, per Autodesk and FMI Consulting's survey.

    By Sept. 22, 2021
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    Justin Sullivan via Getty Images
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    Contractors find new ways to cope with elevated lumber prices

    Although material price fluctuations have wreaked havoc on construction, labor has become the dominant source in driving costs, experts say.

    By Sept. 16, 2021
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    Retrieved from Jeremy Gilbert/Flickr.
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    Delta variant 'significantly' slowing construction recovery, economist says

    Two new reports point to the pandemic-related factors that have caused commercial construction spending to decline 4.2% since last year.

    By Jennifer Goodman • Sept. 2, 2021
  • Opinion

    Why recovery won't come easily for small and medium-sized construction firms

    Contractors must invest in digital technologies and clean up their balance sheets in order to benefit from the coming post-pandemic boom, writes a contech executive.

    By Zaid Rahman • Sept. 1, 2021
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    Permission granted by Superior Construction
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    Q&A

    Keeping workers safe on civil jobs

    Infrastructure work, especially for projects involving moving traffic, is dangerous. It's crucial to recruit workers who are committed to safety.

    By Jennifer Goodman • Aug. 31, 2021
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    Spencer Platt via Getty Images
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    SEC approves Nasdaq board diversity rules

    The new regulations require Nasdaq-listed companies with six or more directors to have at least two diverse members on their boards.

    By Aug. 30, 2021
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    Courtesy of Peaches Kitchen and Bar
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    7 of the best-designed outdoor dining structures in NYC

    These award-winning "streateries" have played an important role in keeping restaurants viable during the pandemic.

    By Aug. 27, 2021
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    Joe Raedle via Getty Images
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    Nonresidential construction prices soar 23% year over year

    While softwood lumber saw a 29% dip in prices since last month, the cost of other types of products used in construction has continued to grow.

    By Jennifer Goodman • Aug. 13, 2021
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    Sarah Silbiger via Getty Images
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    Infrastructure act

    Infrastructure bill contains $100M for construction technology

    The Senate's $1.2 trillion package includes $20 million annually over five years to digitize construction processes.

    By Aug. 11, 2021
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    Courtesy of South Carolina Ports Authority
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    Opinion

    5 roadblocks that could slow construction's recovery

    If the industry can overcome these challenges, it will reap decades of unparalleled growth, writes construction attorney Barry B. LePatner.

    By Barry B. LePatner • Aug. 6, 2021
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    Permission granted by Julia Starrett, Skyfish
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    8 construction technology firms that made funding waves

    From drones to field printers, tech firms are creating innovations for the construction industry and launching multimillion-dollar fundraising rounds.

    By Aug. 4, 2021
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    Scott Olson via Getty Images
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    PPP forgiveness portal opens to business owners

    Starting today, the Small Business Administration will allow companies with Paycheck Protection Program loans of $150,000 or less to apply for forgiveness directly.

    By Emma Liem Beckett • Aug. 4, 2021
  • Deep Dive

    Despite dodging tax hikes in infrastructure bill, contractors could still see higher rates

    While U.S. corporations have avoided tax increases in the Senate's proposed plan, public and private contractors could still see rates go up.

    By Aug. 4, 2021
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    Permission granted by James Kim Photography + PC Construction
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    Construction employment rate increases, but trails pre-pandemic high

    Supply chain constraints and rising materials prices are putting a dent in firms' plans to hire new workers, according to economists.

    By Aug. 3, 2021
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    Spencer Platt via Getty Images
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    Granite posts revenue gain, awaits federal infrastructure funding

    The California-based contractor is seeing a brisk bid environment while closely watching legislative negotiations on a national infrastructure package. 

    By Aug. 2, 2021
  • Contractors mitigate high prices, supply chain delays with lean construction tactics

    Amid a brutal economic scenario, advancements in technology and lean construction are helping contractors stay efficient and profitable.

    By Robyn Griggs Lawrence • July 26, 2021
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    Sean Gallup via Getty Images
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    Economist: Construction industry resilient despite high prices, pandemic

    “I find it remarkable that so much normalcy has returned to the construction industry,” said Associated Builders and Contractors' Anirban Basu.

    By July 19, 2021
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    Justin Sullivan via Getty Images
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    Multifamily developer expands to commercial projects

    Alliance Residential aims to tap into the growing demand for warehouses and distribution centers with its new launch.

    By Jeffrey Steele • July 19, 2021
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    Zach Gibson via Getty Images
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    Deep Dive

    5 strategies construction firms use to lower their taxes

    From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills.

    By July 8, 2021
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    Joe Raedle via Getty Images
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    AGC to Biden administration: Stop 'paying people not to work'

    Contractors are looking to the federal government for help with labor shortages and material price escalations and delays.

    By Jennifer Goodman • July 7, 2021
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    Drew Angerer via Getty Images
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    AEC firms to snare $126B under bipartisan infrastructure deal

    A new analysis of the direct impact of the most recent infrastructure proposal projects $416 billion in annual output by 2026, a rise of 18%.

    By June 30, 2021
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    Justin Sullivan via Getty Images
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    Construction input prices jump 24%

    A new analysis tracks the materials that have skyrocketed the most since last year, including softwood lumber, which is up 154%.

    By Jennifer Goodman • June 16, 2021