WASHINGTON (May 13, 2021) — Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices increased 1.6% for the month.
Why you should consider second-chance hiring to overcome labor shortages
Set a digital plan for your project before ever breaking ground
HAMILTON, N.J.
Examining the role of trade credit & the challenges posed by the pandemic
CARPINTERIA, Calif. (May, 6, 2021) — Procore Technologies, Inc., a leading provider of construction management software, has announced it has acquired INDUS.AI, makers of an artificial intelligence-powered analytics platform for the construction industry.
Monitoring expenses & keeping an eye on cash in the post-pandemic construction environment
WASHINGTON (May 5, 2021) — The United States Department of Labor has announced the withdrawal of the controversial “Independent Contract Rule” — effective May 6.
According to a fact sheet released on the department website, the rule is being removed for these reasons:
WASHINGTON (May 3, 2021) — The United States Department of Commerce revealed that construction spending gained just 0.2% in March, despite predictions from the industry expecting a 1.9% increase. Spending is still up 5.3% over March 2020. Private construction rose 0.7% in March as demand for housing continues. Residential projects increased 1.7% in March, the largest of any industry sector.
Weighing the benefits & challenges of the return to in-person trade shows & conferences