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Navigating Soaring Costs: Subcontractors Faced $97B Excess Expenses

As the commercial construction industry continues to face challenges related to rising material costs and labor shortages, subcontractors find themselves bearing the brunt of these expenses. In its third annual construction industry market report, Billd reveals alarming statistics regarding the financial burden placed on subcontractors. The 2023 National Subcontractor Market Report sheds light on the …

Three Ways to Overcome Construction Supply Chain Woes

There has never been a more challenging time to succeed in construction. With materials like cement in short supply, combined with the impact of ongoing skilled labor shortages and increased demand for construction projects, many are finding themselves on allocation with even their most long-term, trusted suppliers.

The State of the Industry, from a Subcontractor’s Perspective

The sharp rise in labor and material costs has rocked the North American construction industry. While it’s been a heavy topic of discussion, there hasn’t been enough hard data in one place to get a clear snapshot of how it is impacting subcontractors. Until now.

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