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,...The Ongoing Evolution of Job-site Connectivity
By Gregg Wartgow, contributing writer for the Association of Equipment Manufacturers (AEM) The vision is there. Wouldn’t it be great if the entire job-site – the general contractor, subs, designers, owners, equipment vendors, and material suppliers – were all working...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...Modern Building Codes Could Prevent $1.6 Billion in Natural Disaster Damages Annually
By Ben Breiner, ValuePenguin 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...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...