Economy: Page 21
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PPP forgiveness portal opens to business owners
Starting today, the Small Business Administration will allow companies with Paycheck Protection Program loans of $150,000 or less to apply for forgiveness directly.
By Emma Liem Beckett • Aug. 4, 2021 -
Deep Dive
Despite dodging tax hikes in infrastructure bill, contractors could still see higher rates
While U.S. corporations have avoided tax increases in the Senate's proposed plan, public and private contractors could still see rates go up.
By Joe Bousquin • Aug. 4, 2021 -
Trendline
Top 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Construction employment rate increases, but trails pre-pandemic high
Supply chain constraints and rising materials prices are putting a dent in firms' plans to hire new workers, according to economists.
By Sebastian Obando • Aug. 3, 2021 -
Granite posts revenue gain, awaits federal infrastructure funding
The California-based contractor is seeing a brisk bid environment while closely watching legislative negotiations on a national infrastructure package.
By Joe Bousquin • Aug. 2, 2021 -
Contractors mitigate high prices, supply chain delays with lean construction tactics
Amid a brutal economic scenario, advancements in technology and lean construction are helping contractors stay efficient and profitable.
By Robyn Griggs Lawrence • July 26, 2021 -
Economist: Construction industry resilient despite high prices, pandemic
“I find it remarkable that so much normalcy has returned to the construction industry,” said Associated Builders and Contractors' Anirban Basu.
By Matthew Thibault • July 19, 2021 -
Multifamily developer expands to commercial projects
Alliance Residential aims to tap into the growing demand for warehouses and distribution centers with its new launch.
By Jeffrey Steele • July 19, 2021 -
Deep Dive
5 strategies construction firms use to lower their taxes
From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills.
By Joe Bousquin • July 8, 2021 -
AGC to Biden administration: Stop 'paying people not to work'
Contractors are looking to the federal government for help with labor shortages and material price escalations and delays.
By Jennifer Goodman • July 7, 2021 -
AEC firms to snare $126B under bipartisan infrastructure deal
A new analysis of the direct impact of the most recent infrastructure proposal projects $416 billion in annual output by 2026, a rise of 18%.
By Joe Bousquin • June 30, 2021 -
Construction input prices jump 24%
A new analysis tracks the materials that have skyrocketed the most since last year, including softwood lumber, which is up 154%.
By Jennifer Goodman • June 16, 2021 -
NYC, San Francisco among top 10 global cities with highest pandemic construction costs
Construction should benefit from its strong position coming out of the pandemic, according to the Arcadis 2021 International Construction Cost Index.
By Kim Slowey • June 4, 2021 -
Sponsored by NCCER
Construction and Coronavirus: the industry 1 year later
As construction continues toward recovery, it is also focusing back on other areas such as workforce development.
By Jonathan Arnholz • May 17, 2021 -
PPP loan forgiveness not a sure thing
Construction companies that are turned down for forgiveness should be ready to contest the decision, lawyers at a recent webinar said.
By Jeffrey Steele • May 13, 2021 -
Construction momentum at 12-year high, despite continued challenges
Optimism is surging for next year's construction projects, according to Dodge Data & Analytics, but unemployment benefits are keeping workers away.
By Joe Bousquin • May 11, 2021 -
PPP runs out of funds for most lenders
The cutoff comes nearly four weeks before the Paycheck Protection Program was slated to end.
By Dan Ennis • May 7, 2021 -
The 12 most expensive US cities for construction
A new analysis by project management firm Cumming details the most expensive cities in which to build and the types of projects that cost the most.
By Jennifer Goodman • April 16, 2021 -
Briq launches first payment, rewards card for construction
BriqCash lets contractors automate invoice processing, manage vendors and make direct payments that earn cash back and rewards.
By Jennifer Goodman • April 14, 2021 -
Deep Dive
Soaring material prices, supply chain delays spook owners and developers
The rising cost of many materials and increased sourcing headaches have project owners rethinking their return to normalcy and threaten to derail construction's expected resurgence.
By Joe Bousquin • April 12, 2021 -
Roadblocks to Recovery: The factors that could slow construction's comeback from COVID-19
Escalating labor costs, rising material prices and nervous clients could all stand in the way of construction's return to normalcy. Here Construction Dive tracks the factors that could slow the industry's return to normalcy.
April 12, 2021 -
Walsh indicates support for minimum wage hike, collective bargaining
In interviews last week, Labor Secretary Marty Walsh took worker-first positions on wages and the right to organize.
By Joe Bousquin • April 6, 2021 -
In first week, Walsh talks about unions, jobsite inspectors, COVID-19 standard
Labor Secretary Marty Walsh discussed several issues of importance to U.S. contractors in his first days on the job.
By Joe Bousquin • March 29, 2021 -
Senate passes bill extending PPP deadline to May 31
The bill, which extends the deadline for Paycheck Protection Program applications for another two months, awaits President Joe Biden's signature.
By Anna Hrushka • March 26, 2021 -
Construction will face a labor gap of 430K workers this year, ABC says
U.S. construction companies will need to hire at least 430,000 and as many as 1 million workers this year, according to Associated Builders and Contractors.
By Jennifer Goodman • March 26, 2021 -
Contractors' revenue expectations rise
While construction pros are feeling more optimistic than they were a year ago, concerns over labor, material costs and steel tariffs linger, according to the U.S. Chamber of Commerce.
By Jennifer Goodman • March 23, 2021