Economy: Page 31


  • U.S. Capitol, National Guard
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    Retrieved from Flickr/Elvert Barnes.
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    Political unrest could hamper construction jobs, contractors say

    Respondents to a Construction Dive survey are worried that upheaval will scare away clients and slow funding for new projects.

    By Jennifer Goodman • Jan. 19, 2021
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    Retrieved from Jeremy Gilbert/Flickr.
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    Opinion

    7 legal, other trends influencing construction in 2021

    Prolonged court closures, more payment disputes and increased small business bankruptcies are a few of the factors that will influence commercial construction this year, according to two industry experts.

    By Jeffrey Kozek and E. Mitchell Swann • Jan. 19, 2021
  • AGC image library construction worker with steel Explore the Trendline
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • US Capitol unrest
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    Retrieved from Flickr/Elvert Barnes.
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    Survey: Is US political unrest harmful to construction?

    Running a business is never easy, but corporate leaders say that recent political and economic uncertainty could make it more difficult. What's your take?

    By Jennifer Goodman • Jan. 14, 2021
  • The 13 construction sectors contractors expect to shrink in 2021

    The AGC found that construction pros think only alternative healthcare facilities, warehouses and water and sewer facility work will make small gains this year while many sectors could experience double-digit declines.

    By Jan. 11, 2021
  • United States $100 bills
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    "Money" by Ervins Strauhmanis is licensed under CC BY 2.0
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    Latest round of PPP loan program kicks off today

    The $284 billion package prioritizes community financial institutions for fund distribution and has special considerations for minority, underserved, veteran and women-owned businesses. 

    By Jennifer Goodman , Dan Ennis • Jan. 11, 2021
  • Trump Supporters Storm the Capitol
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    SOPA Images Limited / Alamy Stock Photo

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    Construction, other trade groups decry mob violence at US Capitol

    Despite Wednesday's unrest, AGC's chief said the violent attack by Trump supporters won't stop the peaceful transfer of power.

    By Jan. 8, 2021
  • What's in the new COVID-19 relief package for contractors?

    Billions of dollars of funding for roads, harbors, schools, military housing, broadband and clean energy is aimed at spurring construction.

    By Jan. 7, 2021
  • Capitol Hill
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    The image by Андрей Бобровский is licensed under CC BY 3.0
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    Dems edge closer to Senate control, raising stakes for construction

    As the country awaits the final outcome of yesterday's runoff in Georgia, there's no doubt that the impacts will be far-reaching for contractors.

    By , Jennifer Goodman • Jan. 6, 2021
  • U.S. Army Corps of Engineers, Javits Center, COVID-19
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    Permission granted by U.S. Army Corps of Engineers
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    Can the pandemic's construction lessons help Biden boost infrastructure?

    Public projects that have been rolled out with lightning speed during the coronavirus provide a potential roadmap for how to kick off President-elect Joe Biden's Build Back Better campaign, industry leaders say.

    By Dec. 21, 2020
  • Sponsored
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    Dusan Petkovic/Shutterstock

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    Sponsored by HammerTech

    The spotlight is on you construction

    Wrapping up 2020 we wanted to act, not just talk. So, this is how we are giving back to you, construction.

    Dec. 14, 2020
  • 'Tough slog' for construction ahead, says Dodge economist

    A trio of commercial construction data points — from Dodge Analytics and two leading industry trade groups — emerged this week, none of them good.

    By Dec. 9, 2020
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    Retrieved from Wikipedia.
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    AGC sues feds over PPP loan necessity questionnaire

    The Associated General Contractors of America's lawsuit seeks to compel the federal government to revise the Paycheck Protection Program questionnaire, saying "they do not have the right to use a secretly crafted form to gather unprecedented amounts of proprietary information."

    By Jennifer Goodman • Dec. 9, 2020
  • Q&A

    PPP necessity form: What contractors need to know

    A CPA sheds light on the new loan necessity questionnaire for Paycheck Protection Program borrowers, a requirement that has been called "confusing and burdensome" by industry groups.

    By Jennifer Goodman • Nov. 24, 2020
  • AECOM beats Q4 estimates, sees opportunity in Biden administration

    The firm exceeded analysts' expectations for earnings and revenue in its most recent quarter and sees potential growth for infrastructure projects next year. 

    By Nov. 17, 2020
  • Joe Biden
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    Retrieved from Gage Skidmore/Flickr.
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    Readers Respond: Contractors nervous about what a Biden presidency means for the industry

    From infrastructure spending and union support to immigration, taxes and regulations, construction pros are concerned about many issues.

    By Jennifer Goodman • Nov. 12, 2020
  • States with biggest drops, gains in construction employment

    While the construction industry added jobs last month, its employment picture is highly variable across the country. Here are the states that have gained and lost the most construction jobs.

    By Jennifer Goodman • Nov. 12, 2020
  • Bankers: Commercial, multifamily loans down 47%, but up from Q2

    Some sectors have been hit harder than others, with hotel properties seeing a 94% year-over-year drop in lending volumes compared to a year ago, according to the Mortgage Bankers Association.

    By Nov. 10, 2020
  • Rivers casino
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    Permission granted by Rush Street Gaming
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    Casino construction gets a boost from voters

    Recently approved gambling initiatives will give the hospitality construction sector new work on projects priced from $300 million to $1.2 billion in several states, industry officials say.

    By Jennifer Goodman • Nov. 10, 2020
  • SBA releases borrower data on smaller PPP loans

    The Small Business Administration has disclosed the names, addresses and loan amounts for each Paycheck Protection Program and Economic Injury Disaster Loan borrower.

    By Dan Ennis • Updated Dec. 8, 2020
  • Former Vice President of the United States Joe Biden speaking with attendees at the Presidential Gun Sense Forum hosted by Everytown for Gun Safety and Moms Demand Action at the Iowa Events Center in
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    "Joe Biden" by Gage Skidmore is licensed under CC BY-SA 2.0
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    What's in store for contractors under a Biden presidency?

    From infrastructure spending and union support to immigration, taxes and regulations, the construction industry will face a new set of challenges and opportunities under a Biden administration.

    By , Kim Slowey • Nov. 7, 2020
  • Las Vegas skyline
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    Retrieved from Flickr/Deepti Hari.
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    Las Vegas construction market takes a hit from COVID-19

    Does a recent drop in Sin City's commercial construction activity signify a prolonged slump or just a temporary lag in projects? Industry experts weigh in.

    By Shelley D. Hutchins, LEED-AP • Nov. 4, 2020
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    Prayitno. (2019). "Las Vegas, Nevada" [Photograph]. Retrieved from Flickr.
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    The 10 cities in the most financial distress

    Las Vegas, Chicago and Houston are home to the residents experiencing the heaviest financial burdens, according to a recent WalletHub study.

    By Cailin Crowe • Oct. 30, 2020
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    Fluor
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    Fluor reports delayed Q2 2020 results, $4.1B in revenue

    Revenue was affected by COVID-19 challenges, the company said, and backlog was $29 billion.

    By Jennifer Goodman • Updated Nov. 13, 2020
  • 7 coronavirus-related construction challenges that will continue in 2021

    Although contractors weathered a range of obstacles this year, the headwinds will not end when 2020 does, economists and other experts predict.

    By Shelley D. Hutchins, LEED-AP • Oct. 21, 2020
  • House panel blasts banks over gap in PPP processing time

    Businesses that borrowed up to $5 milllion had their Paycheck Protection Program loans processed much more quickly than those that borrowed less than $100,000, a new report found.

    By Dan Ennis • Oct. 20, 2020