What a difference a year makes. At this time last year, the economy was still climbing out of a huge hole from the pandemic. Vaccines for COVID-19 had not yet hit the market, and cases were spiking.
This past year proved unpredictable not just for those acting in the investment market, but for developers as well. Inflation woes cast a shadow on the multifamily construction market, as the cost of ...
As much as we all want to put 2021 in the rearview mirror, the supply chain and labor issues initiated by the COVID-19 pandemic are expected to persist into 2022. Many manufacturers were hoping supply ...
We wouldn’t be where we are today without construction workers. Literally. They built the building, house or other structure you’re standing (or sitting) in this very moment. Their impact is profound, ...
Economists expect the Infrastructure Investment and Jobs Act will start having a noticeable impact on the construction industry in the second half of 2022. The construction outlook for 2022 is looking ...
Builders are shifting their focus to smaller, taller, and off-site homes as a response to high interest rates, financing costs and softer home buying demand, Zillow economist Orphe Divounguy said in a ...
COLUMBUS, Ohio — The Ohio Department of Transportation (ODOT) has officially kicked off its 2022 construction season with the announcement of its project plans for this year. According to a release, ...
The global construction industry is expected to grow by an average of 3.6% a year over the forecast period 2018 to 2022, according to GlobalData, a data and analytics company. The company’s latest ...
A familiar scenario is playing out as firms participating in ENR Southwest’s annual Top Contractors survey for Arizona, Nevada and New Mexico are reporting strong performance and backlogs, while at ...
While the construction industry was categorized as essential since the beginning of the pandemic, freeing it from government shutdowns, it has faced many challenges and has had to stay nimble ...
There is so much for contractors to contemplate when planning for 2022, says Running the Business columnist Garry Bartecki, including inflation, deflation, interest rates, job costs, labor, financing ...
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