Economy: Page 21


  • Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    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 Aug. 4, 2021
  • Construction site Explore the Trendline
    Image attribution tooltip
    sandsun via Getty Images
    Image attribution tooltip
    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 diversity image library
    Image attribution tooltip
    Permission granted by James Kim Photography + PC Construction
    Image attribution tooltip

    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 Aug. 3, 2021
  • A building wall engraved with the words Wall Street.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    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 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
  • Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    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 July 19, 2021
  • Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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
  • Image attribution tooltip
    Zach Gibson via Getty Images
    Image attribution tooltip
    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 July 8, 2021
  • Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    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 July 7, 2021
  • Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    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 June 30, 2021
  • Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 June 16, 2021
  • Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    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
  • Image attribution tooltip
    Permission granted by Katie Long
    Image attribution tooltip
    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
  • Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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
  • Image attribution tooltip
    Karen Ducey via Getty Images
    Image attribution tooltip

    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 May 11, 2021
  • Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    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
  • Image attribution tooltip
    Eduardo Munoz Alvarez via Getty Images
    Image attribution tooltip

    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 April 16, 2021
  • United States $100 bills
    Image attribution tooltip
    "Money" by Ervins Strauhmanis is licensed under CC BY 2.0
    Image attribution tooltip

    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 April 14, 2021
  • A picture of the Ever Given stuck in the Suez from the Suez Canal Port Authority
    Image attribution tooltip
    Courtesy of Suez Canal Authority
    Image attribution tooltip
    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 April 12, 2021
  • slow down
    Image attribution tooltip
    Retrieved from Flickr/Tristan Schmurr.
    Image attribution tooltip

    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
  • Image attribution tooltip
    The image by U.S. Department of the Interior is licensed under CC BY-SA 2.0
    Image attribution tooltip

    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 April 6, 2021
  • Image attribution tooltip
    The image by U.S. Department of the Interior is licensed under CC BY-SA 2.0
    Image attribution tooltip

    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 March 29, 2021
  • Capitol Hill
    Image attribution tooltip
    The image by Андрей Бобровский is licensed under CC BY 3.0
    Image attribution tooltip

    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 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 March 23, 2021