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State of the Construction Industry: January Roundup

Viewpoint Construction Technology

A number of high-profile infrastructure projects could give the construction industry a boost in 2019. Though multiple economic outlooks and construction industry reports show new project growth rates slowing slightly in 2019, the outlook is still strong for the next few years. Big Projects Permeating Construction Landscape.

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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. Working capital.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For one thing, circumstances can change quickly in today’s uncertain construction industry. Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. .

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” .” The construction industry runs on credit. You are owed a debt.

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Where Did The American Construction Worker Go?

Chianelli Estimating

Back in 2010 and 2011, things looked pretty bad for the Construction Industry. Department of Labor, states that the construction industry has projected growth rate 12% faster than the average, for all occupations. The Construction Industry is now suffering a major gap in the skilled and unskilled labor force to keep up with work flow.

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Forward or lagging: The variable marketing challenge

Construction Marketing Ideas

The early Apple computers created the opportunity for “desktop publishing” and a revolution in the publishing industry, in the 1980s. That’s a daunting task, when overhead, salaries, and fixed costs (and debt) are baked into the picture. I remember somewhat longingly the early days of my business, in 1988.

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What Labor Shortage? Not All Home Builders Affected Equally

Pro Builder

The home building industry has been charging along at a pace beyond what we could have imagined or even hoped for following the outbreak of COVID-19 more than a year ago. debt-to-GDP ratio was considerably higher during World War II than it is today, and you never hear anyone suggest we overspent fighting Hitler and Tojo.