Construction Industry Navigates Rising Interest Rates and Economic Challenges
Marcum Releases the 2023 National Construction Survey. By Joseph Natarelli, CPA, Construction Services Leader, and Roger Gingerich, CPA, Midwest Construction Leader, Marcum LLP The construction industry is grappling with the implications of rising interest rates,...Fourth Quarter Construction Update: The Good, The Bad, and The Ugly
By Anirban Basu, Chief Construction Economist, Marcum LLP The construction industry faced many of the same headwinds that buffeted it throughout 2022 in the fourth quarter, including labor shortages, high interest rates, and elevated materials costs, but still...2022 Shows Positive Gains in Hiring and Cash Flows, Contractors are Ramping up for 2023
By Anne Hunt, Trimble Viewpoint With the passage of the U.S. Bipartisan Infrastructure Law back in November 2021, many contractors hoped it would usher in a resurgence of new projects as the country embraced a renewed focus on updating and modernizing critical...Trimble Viewpoint’s Q1 and Q2 Construction Metrics Index Show Wide Variability in 2022
By Anne Hunt, Trimble Viewpoint 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...