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Mace raises tender price forecast as wages rise again

Construction Enquirer

Mace has increased its tender price forecast in light of further inflation. The latest forecast balances the positive economic growth in the first quarter, the rate of material prices continuing to cool – but also the recent news that the UK economy continues to suffer from significant inflation. in London and 3.5%

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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output.

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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.

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Stay in Control of Costs with Instant Visibility into Performance Impacts

Autodesk Construction Cloud

The information teams need to visualize the potential risk of schedule delays, and cost overruns – like productivity and budget data – isn’t always avai la ble at their fingertips. As a result, teams can’t truly understand performance putting them at potential risk when in actuality, an issue could have been mitigated. .

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Autodesk Build Brings Multi-Currency to Cost Management 

Autodesk Construction Cloud

With the possibility of materials pricing rising, especially in today’s market, this presents risk due to currency exchange rate fluctuations. . Managing the procurement process and properly tracking costs with international suppliers is critical to help mitigate risk. This process isn’t always easy. See Multi-Currency in action! .

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Autodesk and AWS are Helping Construction Firms Gain Useful Insights from Their Data 

Autodesk Construction Cloud

The good news is that together Autodesk and Amazon are taking a big step in making data and insights more accessible for construction professionals. Even better news—Amazon S3 is highly configurable to meet your specific business needs and allows you to retrieve any amount of data from anywhere.

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Construction Adds Jobs in May Amid Unexpectedly Strong Recovery 

Pro Builder

Economists polled by Dow Jones forecasted a decline of over 8 million jobs, but in May, the economy actually added 2.5 Construction saw its own bump of 464,000 net new jobs as state restrictions lift and builders ramp up to full speed. “One Economists polled by Dow Jones had forecasted a decline exceeding 8 million jobs.