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The construction industry is experiencing a downturn as building activity, particularly around megaprojects, witnesses a decline. Total construction starts dropped by 6% in September, with […] Read More
Tag: construction industry
Promoting diversity and inclusion should be the default in the construction industry, not racism. The sector is quite well known for overcoming lots of formidable […] Read More
The Equal Employment Opportunity Commission (EEOC) has taken legal action against a construction staffing company, TKO Construction Services, accusing it of failing to hire Black […] Read More
Traditionally, the construction industry followed a model where the owner engaged with the architect for initial project design before involving the general contractor (GC). This […] Read More
Contractors are constantly in pursuit of new opportunities and finding construction jobs to work on. Bidding on projects is the lifeblood of the industry, ensuring […] Read More
The Build America, Buy America Act (BABAA), enacted as part of the Infrastructure Investment and Jobs Act in 2021, aims to increase the utilization of […] Read More
Productivity in the construction industry has been a long-standing challenge, with value added per worker declining by 40% since 1970. While machine productivity has improved, […] Read More
The Senate recently passed a resolution to raise the debt ceiling until 2025, just in time to prevent a potential U.S. government default on its […] Read More
A recent review of U.S. Labor Force Statistics that was conducted by Associated Builders and Contractors (ABC) reveals a significant decline in job vacancies within […] Read More
Although we have been hearing a lot about the recession recently, the economists at the Associated General Contractors and Associated Builders and Contractors are of […] Read More