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What the Latest Rental Forecast Means to Your Business

Construction Business Owner

The latest quarterly update to the 5-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains through 2021.

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Assuredness in Today’s Global Surety Market

Construction Business Owner

Mon, 09/27/2021 - 08:00. In 2020, there was some tightening of surety credit for certain sectors, but generally speaking, the premier contractors had no issues securing bonds and that trend is expected to continue and the surety and finance industry is forecasted to be robust for the remainder of 2021 and into 2022.

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Bridging the Skills Gap

Construction Business Owner

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%. Bridging the Skills Gap. Alex Headley.

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The Market Trends Driving the Transportation Industry in 2021

Construction Business Owner

The Market Trends Driving the Transportation Industry in 2021. Fri, 02/12/2021 - 07:19. However, E&S investment is forecasted to return to positive territory during the second half of 2020 and entering 2021. Elizabeth Manning.

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2021 won’t be a growth year for construction spending, says latest JLL forecast

BD+C

Last year’s boon in single-family housing construction will have an impact on the availability and cost of building materials for nonresidential construction in 2021, which is expected to be a year of “decreasing work volume,” according to JLL’s latest Construction Forecast being released today.

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What eight leading economists predict for nonresidential construction in 2020 and 2021

BD+C

Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel.

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2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022

BD+C

decline in construction spending for 2021, according to a new consensus forecast from The American Institute of Architects (AIA). Slowing demand at architecture firms last year is expected to contribute to a projected 5.7%