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Each year, buildings across the United States suffer more than $100 billion in damage from earthquakes, hurricanes, flooding, and wind, according to the National Institute of Building Sciences. The pace of major events causing $1 billion or more in damage has increased over the past few decades as more people live in vulnerable areas. Modern …
Trimble Viewpoint recently released its latest Q2 2022 Quarterly Construction Metrics Index, which provides trends related to project starts, hiring, contract values, and cash flow metrics pulled from roughly 1,000 Viewpoint clients during the second quarter of 2022.
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.