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In May, the American Rental Association (ARA) launched ARA Rentalytics, a new subscription service available to ARA members that provides exclusive market intelligence for the equipment and event rental industry.
Earlier in 2013, forecasters were anticipating a severe weather season with conditions favorable for breeding strong storms, but to the surprise of many weather experts, it has been a relatively quiet summer across the country, with few significant weather events. Looking Back at 2013.'
Earlier in 2013, forecasters were anticipating a severe weather season with conditions favorable for breeding strong storms, but to the surprise of many weather experts, it has been a relatively quiet summer across the country, with few significant weather events. Looking Back at 2013.'
The process of anticipating what the future will hold and then designing and developing methods to minimize the effects of future events is known as future-proofing. Gensler’s 2017 Design Forecast deals with this concept and how the firm is implementing design strategies to create functional spaces for the future.
The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.
Recent events (e.g., This results in poor cost forecasting and reactive cost management , rather than proactive budget control. However, if local drywall contractor quotes are actually $2.50 per SF due to labor shortages , the estimate is significantly incorrect , creating major cost overruns. Different design choices (e.g.,
Understanding of planning, forecasting, budgeting and market research are required skills for the certain levels of marketing management. There are marketing skills and experience that transcend traditional and new media. In specialized construction segments, market and product knowledge will always be important.
With a construction market that is forecasted by FMI to grow 7 percent in 2016, the annual World of Concrete (WOC) trade show is shaping up to be one of the biggest yet. Jackie James, show director, said the event is the largest in 7 years, with more than 1,300 exhibitors and over 700,000 square feet of indoor and outdoor space.
With a construction market that is forecasted by FMI to grow 7 percent in 2016, the annual World of Concrete (WOC) trade show is shaping up to be one of the biggest yet. Jackie James, show director, said the event is the largest in 7 years, with more than 1,300 exhibitors and over 700,000 square feet of indoor and outdoor space.
With a construction market that is forecasted by FMI to grow 7 percent in 2016, the annual World of Concrete (WOC) trade show is shaping up to be one of the biggest yet. Jackie James, show director, said the event is the largest in 7 years, with more than 1,300 exhibitors and over 700,000 square feet of indoor and outdoor space.
Impact Forecasting , the catastrophe model development center of excellence at Aon Benfield (the global reinsurance intermediary and capital advisor of Aon plc), has issued its mid-year natural disaster analysis, which aggregates the key global natural disaster perils data for the first half of 2013. Posted by Heidi Schwartz. billion).
So, as we spin back up for the year, we’re going to start sharing our calendar of upcoming events on a monthly basis. We’ll also remind you of any major industry events happening. Recommended reading: Check out our guide to the industry’s top construction events this year. February 2022 Construction Events.
While the future remains a mystery, budgeting and cash flow forecasting tools can significantly reduce uncertainty, allowing you to anticipate challenges, learn from past events, and enhance your ability to navigate your business. Finding some certainty can make all the difference in the unpredictable construction business world.
The American Rental Association (ARA), through its ARA Rental Market Monitor subscription service, forecasts equipment rental industry total revenue growth of 8.1 This total includes all three segments — construction/industrial, general tool and party and event. Construction/industrial rental revenue is now forecast to increase 8.5
Construction Company owners like you have probably experienced life-changing events in the past few years, as many of our clients did. To avoid this, you should create a cash flow forecast and regularly update it. Are you struggling to keep your construction business afloat?
Analysis and Research Planning Brand Image Brand Awareness Website Improvement and SEO Event Marketing Content Marketing Channel Marketing Social Media Direct Marketing. Construction Equipment Overview and Forecast (Allied Market Research). Multiple Decision Makers Financial Analysis Economy Extended Procurement Process.
For the first time since the Covid-19 pandemic adversely impacted the equipment and event rental industry last year, the latest ARA forecast calls for more positive growth in 2021 and beyond. The previous forecast, released on Nov. percent in equipment and event… 12, projected a modest uptick of 0.3
While hopefully most of us will never experience firsthand the result of a category 4 or 5 hurricane, these recent storms offer some good reminders to all commercial property owners and tenants about preparing for serious weather-related events that could potentially strike in their area and cause commercial facility damage.
First of all, it’s a document you’ll find yourself constantly referring to as it contains key statistics, such as forecasted sales and company turnover. Having insurance and legal information is vital, as they protect the business against unforeseen events. Business Plan. A business plan is vital for a number of reasons.
Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. “The impact of world events on our industry has been unprecedented and certainly came to a head over 2022. This figure is made up of £19.6m
The new five-year forecast from the American Rental Association (ARA) updated in August reports that equipment and event rental revenues in North America will surpass $71 billion in 2023, including $64.7 billion in the United States and $6.4 billion in Canada. According to a press release, the…
The annual Dodge Outlook Conference is the cornerstone event for building product manufacturers, construction service providers, contractors, engineers, industry associations and other professionals serving the construction industry to gain critical insights into the economic forecast for the North American construction industry.
In the Event of a Recession, These Overvalued Markets Could See Double-Digit Price Drops. While housing economists like Moody’s Analytics’ Mark Zandi predict that national home prices could decline between 5% and 10% in the event of a recession, overvalued markets are expected to see even more substantial declines, Fortune reports. .
According to the American Institute of Architect’s semiannual Consensus Construction Forecast , hotel construction is predicted to grow 15.7 If a hotel has a major event that will require a shutdown of construction, general contractors should know that at the outset of a project to properly plan around it. percent in 2013.
The event features the release of the 2016 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. . – The 77th annual forum for construction industry leaders, the 2016 Dodge Construction Outlook Executive Conference, will be held Oct. 29-30 at The Ritz-Carlton in Washington, D.C.
Equipment and event rental companies are expected to generate $58.1 percent compared to 2019, according to the latest updated forecast released today by the American Rental Association (ARA). billion in revenue in the United States in 2020, up 3.8 Construction and industrial equipment rental is…
Industry Event News' First of all, the contractors asked for a reauthorization of the Perkins Act, a block grant program to the states for funding career and technical education. It’s a jobs bill that addresses American competitiveness. How can you be against that? As I See It.
This Contributed Column is brought to you by REAL STREET Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. Global market forecasts for revenue, broken out by technology, application, component, and region, extend through 2023. Posted by Heidi Schwartz. Related articles across the web.
With construction forecasted to reach $15 trillion by 2025 , now is the time to improve productivity, not just within your company, but within the industry as a whole. As customers, you’ve already begun the transformation journey, bringing integrated, collaborative workflows and predictive data-driven decision-making to your teams.
Customers lean on your products and services when weather events drive them to make a purchase. Plan for the weather to be a reliable source in their time of need.'
Viewpoint Analytics: A Platform for Centralized Reporting — In this session Viewpoint software users learned how to better understand data and how it impacts projects, how achieving better construction business intelligence can lead to predictive analytics and forecasting and got a sneak peek at the Viewpoint Analytics solution being developed.
Last year’s winners provide excellent demonstrations of how Viewpoint’s software solutions can be used in innovative ways to further transform and grow construction companies.
Construction Company owners like you have probably experienced life-changing events in the past few years, as many of our clients did. To avoid this, you should create a cash flow forecast and regularly update it. Are you struggling to keep your construction business afloat?
Regardless of the forecast, bring a raincoat and be ready to layer. A view of Mt. Hood and Portland, Oregon. Be prepared. We’ve had a hot, dry summer but the wet weather Portland is known for is starting to make an appearance. With autumn in full swing, expect brisk mornings, warm afternoons, and chilly evenings. Prepare for rain.
forecastingevent that nearly 21 percent of skilled construction workers are over the age of 55, and 29 percent are between 45- and 54-years-old. "We''re Even as construction project surge, construction managers can not find enough skilled workers to fill the job demand. . We''re not replacing those people fast enough," Cona said. '
Conference presenters include top-level directors from several leading CRE firms and some of the most respected analysts/forecasters in the industry, as well as an A-team of instructors from CCIM, the gold standard in CRE education. CRE Strategy Experts On Board For REAL STREET Expo appeared first on Business Facilities (BF) Magazine.
According to the report “Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services – Worldwide Market Forecasts and Analysis (2014-2019), “ infrastructural development and technological advancements are the primary factors driving the growth for the facility management market. Posted by Heidi Schwartz.
Ability to do demand planning and forecasting. Cloud system enabling users to comment, question, tag, note, and share specific items and business events in real-time. Project Management best practices are implemented and standardized across the organization and awarded JOC contractors. Required skills are mapped to project resources.
Whether it’s on new products, technologies, manufacturing, design trends, forecasts or conceptual research, having the different industry experts who are willing impart what they know or share their perspective in an immersive, educational forum is what I believe propels the construction industry forward.
This year’s Business Facilities LiveXchange event will present a comprehensive, practical, and strategic conference program to help corporate delegates better plan and manage their companies’ relocation or expansion projects. KPMG Market Forecast/Competitive Alternatives Study. Negotiating Incentives, Land Costs and Energy Costs.
Hesitation for tapering could be a move in attempt of mitigating the chances of the same event occurring. This is likely a nod to the growth in cases due to the Delta variant, although it is worth noting the localized nature of this event, in addition to relatively low levels of hospitalizations and other serious cases nationwide.
Description: McGraw-Hill Construction Releases Mid-Year Update of 2012 Construction Market Forecast. Industry forecasts. contact us. industry jobs. SUBSCRIBE TODAY. & receive immediate web access $82 a year (includes full web access)-->. Search our site: Infrastructure. Transportation. Environment. Power & Industrial.
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