ENR Construction

NOVEMBER 18, 2020

Single-family housing and warehouse construction have endured through the economic downturn amid the COVID-19 crisis, but recovery in other sectors will take time, forecasters say.

Forecasting 71

Forecasting Roads Housing Construction 71

Construction Equipment

DECEMBER 10, 2020

The American Road & Transportation Builders Association (ARTBA) forecasts a 5.5-percent percent decline in transportation construction in 2021. The forecast is included in the organization’s annual forecast. The value of construction is expected to drop from $294.2 billion to $278.1 The major…

Transportation 63

Transportation Forecasting Roads Construction 63

Construction Business Owner

JUNE 10, 2021

Thu, 06/10/2021 - 09:30. This year is poised to be a year of growth, with the Federal Reserve recently increasing its forecast of the nation’s gross domestic product to 6.5%. With that, the construction industry will likely face challenges around hiring cycles, evolving protocols and a widening skills gap. Alex Headley.

Forecasting 280

Forecasting Products Industrial Construction 280

Construction Business Owner

SEPTEMBER 27, 2021

Mon, 09/27/2021 - 08:00. Like the construction industry, the surety market was healthy prior to the pandemic.

United States 294

United States Forecasting Finance Security 294

ENR Construction

FEBRUARY 2, 2021

construction market caused by the COVID-19 pandemic was significant, but has not fully disrupted what had been an active market, according to new economic forecast data from the Portland Cement Association. The disruptions to the U.S.

Forecasting 87

Forecasting Portland Construction 87

Construction Superintendent Magazine

NOVEMBER 24, 2020

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. After losing an estimated 14% in 2020 to $738.

Forecasting 52

Forecasting Roads Estimating Plans 52

Construction Superintendent Magazine

MAY 5, 2021

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

Portland 52

Portland Forecasting Construction News 52

Construction Equipment

JANUARY 13, 2021

It’s finally 2021, but what does the year hold for construction equipment asset managers? Construction Equipment editorial director Rod Sutton reviews recent research that points where construction and fleet health might be going this year: the 2021 Annual Report & Forecast, and the Equipment…

Management 64

Management Forecasting Equipment Construction 64

Pro Builder

JUNE 18, 2021

Economic Outlook 2021. Fri, 06/18/2021 - 07:00. Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. National Association of Home Builders. seasonally adjusted annual rate.

NAHB 98

NAHB Housing Inventory Residential 98

Construction Equipment

FEBRUARY 17, 2021

For the first time since the Covid-19 pandemic adversely impacted the equipment and event rental industry last year, the latest ARA forecast calls for more positive growth in 2021 and beyond. The previous forecast, released on Nov. 12, projected a modest uptick of 0.3 percent in equipment and event…

Forecasting 71

Forecasting Equipment Industrial 71

Construction Superintendent Magazine

MARCH 23, 2021

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 analysis also revealed that every $1 billion in extra construction spending generates an average of at least 5,700 construction jobs. ABC’s annual.

ABC 52

ABC Industrial Statistics Forecasting 52

Pro Builder

SEPTEMBER 16, 2021

Surge in Home Remodeling: Lighting Trend Forecast. Fri, 09/17/2021 - 00:00. At a time when there's been such heavy demand for homes, issues like long waiting lists, rising construction costs and labor shortages are causing a decline in new home builds. . kcichowicz. Home renovations, on the other hand, are continuing to surge.

Remodeling 116

Remodeling Forecasting Electrical Renovating 116

Construction Equipment

FEBRUARY 19, 2018

In its latest five-year forecast, the American Rental Association (ARA) expects equipment rental industry revenue to continue to grow consistently in the United States over the next five years, resulting in total revenue of $59.6 billion in 2021.

Forecasting 49

Forecasting Equipment United States Industrial 49

Construction Enquirer

MAY 3, 2023

Northumberland based Howard Russell Construction has gone into administration. 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. with 31 staff working at the company.

Debt 103

Debt Construction Negotiation Forecasting 103

Construction Enquirer

MAY 23, 2023

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 in like-for-like terms to £213m.

Forecasting 81

Forecasting Construction Profitability Sustainability 81

ENR Construction

FEBRUARY 6, 2020

Alongside swarms of contractors and other industry professionals pouring in to see the latest in concrete equipment, tools and products at the annual World of Concrete trade show in Las Vegas, the Portland Cement Association released a relatively rosy economic forecast for 2020 into 2021.

Forecasting 68

Forecasting Las Vegas Concrete Portland 68

BD+C

JULY 21, 2020

As a result of the partially shutdown economy, businesses and organizations will continue to be hesitant to invest in modernized or new facilities, according to a mid-year update to the American Institute of Architects’ (AIA) Consensus Construction Forecast. The trend ends an almost decade-long expansion in construction spending.

Forecasting 95

Forecasting AIA Organization Construction 95

BD+C

MAY 18, 2021

The first three months of the year saw housing lead all 12 major markets in the PSMJ Resources Quarterly Market Forecast survey of architecture, engineering, and construction (AEC) firms. . Multifamily topped the four other housing submarkets, though all performed well. .

Housing 98

Housing Forecasting Resource Architecture 98

Construction Equipment

NOVEMBER 3, 2020

Preliminary data from the Construction Equipment 2021 Annual Report & Forecast show a marked difference in the condition of a fleet of construction equipment based on its estimated replacement value (ERV). Managers of large fleets, defined as those with ERV greater than $10 million, report…

Equipment 117

Equipment Forecasting Estimating Management 117

Autodesk Construction Cloud

JANUARY 17, 2024

Research from Gordian found that in 2023, the construction industry saw a 5.3% of construction materials in the RSMeans database experienced a significant cost increase, with an average increase of 19%. Utilize cost and estimation data Tap into historical and actual data to forecast and plan for expansion, repairs, and rehab.

Autodesk 122

Autodesk Construction Forecasting Safety 122

Pro Builder

FEBRUARY 14, 2021

Mon, 02/15/2021 - 00:00. The multifamily housing sector experienced regulatory and supply-side challenges, slow rent growth, and increased vacancy, positioning it for a weakened 2021. A recent NAHB analysis found 34% of multifamily construction in 2020 happened in lower density and lower cost markets. cbroderick. Read More. .

NAHB 100

NAHB Housing Forecasting Products 100

Contractor Bookkeeping

MARCH 12, 2021

Although it's impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. What is Cash Flow Forecast? A cash flow forecast comprises three key elements: beginning cash balance, cash inflows (e.g.,

Cash Flow 67

Cash Flow Forecasting Contract Estimating 67

Construction Equipment

APRIL 16, 2021

The Equipment Leasing & Finance Association says equipment and software investment growth is expected to be robust this year with annual equipment and software investment growth forecast at 11.2 percent for 2021. GDP growth for 2021 is forecast at 5.7 Also, annual U.S. percent according to the…

Software 86

Software Software Equipment Forecasting 86

Construction Equipment

NOVEMBER 15, 2017

Equipment rental industry revenue is projected to hit nearly $60 billion in 2021, according to the latest forecast from the American Rental Association. The ARA Rental Market Monitor five-year forecast projects total rental revenue in the U.S. percent in 2021. The trade group expects annual growth at 4.7 to grow by 4.5

Forecasting 52

Forecasting Equipment Industrial 52

Construction Equipment

OCTOBER 29, 2020

Increasing customer expectations appear to be driving downward their perception of construction equipment dealers’ ability to meet their needs regarding technology, according to exclusive research from Construction Equipment. The results are part of the 2021 Annual Report & Forecast, in which…

Forecasting 90

Forecasting Management Equipment Construction 90

Pro Builder

SEPTEMBER 9, 2021

Learn from NAHB's Upcoming Offsite Construction Week. Thu, 09/09/2021 - 10:47. For builders interested in learning more about off-site construction, look no further than the National Association of Home Builders’ Offsite Construction Week. Webinar: Log Home Production & Construction Report. Off-Site Construction.

NAHB 52

NAHB Forecasting Construction Idaho 52

Pro Builder

JUNE 10, 2021

Multifamily Construction Posts Strong Suburban Growth. Thu, 06/10/2021 - 10:01. Single-family construction continues to ramp up in low-density, more affordable markets to meet demand, but the National Association of Home Builders says this trend is even stronger with multifamily construction. Construction.

Metro 52

Metro NAHB Construction Forecasting 52

Autodesk Construction Cloud

JUNE 7, 2023

According to the above source, “35% of project failures were related to budget problems in 2021” and “only 43% of organizations completed most of their projects within budget during 2020.” When it comes to construction, estimating costs is a towering challenge. Let’s dive in. What is construction cost estimation?

Estimating 98

Estimating Construction Budgeting Budget 98

Pro Builder

MAY 19, 2021

Wed, 05/19/2021 - 09:33. Limited availability and rising costs of construction materials are creating a slowdown in housing production. It should be noted that March housing production reached the fastest rate for combined single-family and multifamily construction in 15 years. Construction. Construction.

Materials 105

Materials NAHB Housing Forecasting 105

Pro Builder

AUGUST 26, 2021

Rental Units Make Up Majority of New Multifamily Construction. Thu, 08/26/2021 - 10:34. of all multifamily construction starts for the second quarter of this year, a likely response to the shifting demand toward suburban markets, says the National Association of Home Builders. Construction. cbroderick. Read More. .

Construction 52

Construction Forecasting Housing 52

Autodesk Construction Cloud

MARCH 31, 2022

Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. Like many other regions, APAC construction firms are also grappling with issues like labor skill gaps and rising supply costs. You’ll learn about: The current state of construction in APAC.

Statistics 98

Statistics Industrial Autodesk Construction 98

Construction Equipment

NOVEMBER 12, 2019

The American Rental Association forecasts construction equipment rental in the U.S. percent in 2021, 3.7 The group forecasts 2023 revenue to reach $43.9 percent in 2019, with growth rates of 2.3 percent in 2020, 3.0 percent in 2022, and 3.1 percent in 2023. Total revenue from…

Forecasting 62

Forecasting Equipment Construction 62

Construction Junkie

OCTOBER 21, 2020

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Sage will be in attendance in the virtual exhibitor hall.

Sage 145

Sage Management ProCore Construction 145

Autodesk Construction Cloud

MARCH 23, 2023

For teams to extract value from data, they must first make sense of the information they have—which is where data visualization comes in. Construction projects involve massive amounts of information and documents, including BIM models, schedules, budgets, and performance reports. Unfortunately, around 95% of that information goes unused.

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Visualization Construction Safety Autodesk 119

ENR Construction

AUGUST 14, 2020

ABC economist forecasts recovery in 2021, with construction lagging behind.

ABC 74

ABC Forecasting Construction 74

Autodesk Construction Cloud

DECEMBER 7, 2021

Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. Seventy-five percent of global construction industry stakeholders agree or strongly agree that the need for real-time decision-making is increasing at the project level. to reach €2.4/£2

Statistics 52

Statistics Industrial Construction Autodesk 52

Autodesk Construction Cloud

MARCH 23, 2022

Equip Your 2022 Projects With the Right Construction Data and Stats for Success. Construction industry statistics and data are playing an increasingly important role in the building sector. Undoubtedly, the construction industry is very complex. Global Construction Demands Are Growing . Construction Costs Are Rising.

Statistics 98

Statistics Industrial Autodesk Construction 98