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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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New in Autodesk Build: Product Releases to Check Out in the New Year

Autodesk Construction Cloud

This keeps the office team aware of project progress and empowers field teams with productivity forecast to adjust or make improvements. Bridge | Share Closed Submittals Now with the ‘Publish Closed Submittals to Files’ release users can also share closed submittals across projects or accounts using Bridge.

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Indoor Marijuana Growing Accounts for Over 1% of all Electric Consumption in the U.S.

Green Building Law Update

Indoor marijuana growing operations accounted for over 1% of all electric consumption in the U.S., In California, marijuana production accounted for about 3% of electric use, according to the study. according to a 2011 study by Evan Mills, a Lawrence Berkeley National Laboratory researcher.

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Have You Tried?: Executive Level Cross Project Budget Report in Autodesk Build 

Autodesk Construction Cloud

With hundreds of updates to Autodesk Construction Cloud products in the last year alone, keeping tabs on all these new changes can feel overwhelming. But you might not have heard about some of the latest understated, but high-impact product enhancements. . We are excited to announce our new “Have You Tried” blog series.

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A Guide to Making Winter Your Best Construction Season

Safety Services Company

This guide explores essential safety practices and certifications to equip construction teams for a secure and productive winter work season. This is known as Stop Work Authority , and can impact the productivity of your job site. Your crew may feel unsafe during certain conditions and refuse work that appears dangerous.

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Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Two Basic Types Of Accounting. #1 Tax Accountants are good people and have a place in the accounting world.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.