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 -
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 Matthew Thibault • Oct. 1, 2021 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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 -
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 Matthew Thibault • Sept. 22, 2021 -
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 Sebastian Obando • Sept. 16, 2021 -
Retrieved from Jeremy Gilbert/Flickr.
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 -
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 -
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 Sebastian Obando • Aug. 30, 2021 -
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 Matthew Thibault • Aug. 27, 2021 -
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 -
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 Matthew Thibault • Aug. 11, 2021 -
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 -
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 Matthew Thibault • Aug. 4, 2021 -
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 Joe Bousquin • Aug. 4, 2021 -
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 Sebastian Obando • Aug. 3, 2021 -
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 Joe Bousquin • 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 -
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 Matthew Thibault • July 19, 2021 -
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 -
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 Joe Bousquin • July 8, 2021 -
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 -
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 Joe Bousquin • June 30, 2021 -
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