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Dodge Outlook 2021 Predicts Slow, Uneven Recovery throughout 2021

Construction Superintendent Magazine

Dodge Data & Analytics released its 2021 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. construction starts will increase 4% in 2021, to $771 billion. The report predicts that total U.S. The COVID-19 pandemic and recession has had a profound impact on the U.S.

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PCA Releases Spring 2021 Cement Consumption and Construction Activity Outlook

Construction Superintendent Magazine

Portland Cement Association Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan recently presented its annual Spring cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022. “Remarkably, U.S. cement consumption recorded 2% growth during 2020. “Nearly 9.5

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Construction Industry Needs to Hire 430,000+ Craft Professionals in 2021, Says ABC

Construction Superintendent Magazine

In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of U.S. The post Construction Industry Needs to Hire 430,000+ Craft Professionals in 2021, Says ABC appeared first on Construction Superintendent. ABC’s annual.

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Howard Russell Construction goes into administration

Construction Enquirer

to trade creditors at the end of the 2021/22 financial year. In its forecast for this year Howard Russell was predicting a turnover of up to £80m based on a rising number of negotiated contracts. Latest results for the firm for the year to March 31 2022 show a pre-tax profit of £790,000 from a turnover of £43.5m

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Ferrovial Construction UK plunges to £30m loss

Construction Enquirer

Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. He added that Ferrovial ended the year with an order book of £795 (2021: £1bn). This figure is made up of £19.6m for defects and warranties and £31.3m

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Moving Forward: What to Expect in 2022

Contractor Magazine

Connor Lokar, Senior Forecaster at ITR Economics, gives the Friday Keynote at PHCC CONNECT 2021.

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Fire safety provisions push Durkan to £9.3m loss

Construction Enquirer

Group turnover of £132m (2021:£137.5m) fell short of initial forecasts for the year with delays to project start dates due to cost inflation pressures and programme movements. South East housing contractor and developer Durkan plunged to a £9.3m pre-tax loss last year after provisions for legacy fire safety remediation works.

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