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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

One of the most significant challenges during that time was the lack of financing for commercial construction companies. According to an Associated Builders and Contractors (ABC) survey from August, its members reported an average construction project backlog of 8.7 months , despite the threat of a recession.

Finance 52
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The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

The Associated Builders and Contractors (ABC) estimates the construction sector would need to bring in nearly 650,000 additional workers in 2022 to meet labor demands. As Anirban Basu, ABC Chief Economist said in a statement, “The workforce shortage is the most acute challenge facing the construction industry despite sluggish spending growth.

Software 105