Red Light, Green Light, One, Two, Three?
Yes, no, maybe. Predictions remain afloat on many scenarios for economic conditions. Interestingly, Ken Simonson, chief economist for Associated General Contractors of America (AGC) point to signs of optimism. Read on to understand the…
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Depreciation: Time For New Tactics
The Bonus Depreciation, a popular tax deduction that was included in the Tax Cut and Jobs Act of 2017, begins its scheduled phaseout in 2023. Financial experts share tactics contractors can implement to “soften…
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Spending More Than Planned: Subcontractors
Labor and materials are costing subcontractors more then expected—lots more. Nonetheless, the majority of subcontractors experienced revenue growth in 2022 and are anticipating growth this year too. Read on for insights from the National…
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Equipment Spending?
Identifying the right equipment at the right price is always a big decision for contractors and in uncertain economic times making the right choices is even more stressful. On the otherhand, who wants to…
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Public Works: Airports
Among the public work generating action for contractors across the country is the modernization of airports—and not just the most famous ones in the biggest cities. In addition to billions of dollars from the…
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In Demand: Trade Partners
Construction of manufacturing facilities has been trending up. The $39 billion allocated by the CHIPS Act to build semiconductor manufacturing plants means the boom is likely to continue. With demand high, big builders are…
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Fresh Perspectives: Site Evaluation
Even small operations can benefit from the perspectives an independent on-site evaluation can provide. From guidance on implementing the latest best practices to ideas for trimming costs, site evaluations can arm contractors with new…
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Headaches Ahead?
At some point or another, every builder faces this dilemma: a new job seems like a good one—but it comes with a high maintenance client. Do you take the job or run in the…
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Keeping Pace With Demand
Builders continue to report hiring difficulties, causing some to hold back on bids, despite the influx of public dollars afloat. Industry experts predict that infrastructure jobs will create further challenges for construction labor, and…
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