Construction spending inched up slowly from February to March as supply shortages and rising materials prices continued to weigh on the industry.Read More »
A national survey of contractors has found those who use lean construction methods on their projects are more likely to complete their jobs on time and under budget and achieve other goals such as having safe jobsites and producing high ...
Tagged with: Associated General Contractors of AmericaRead More »
The cost of materials and services typically used in construction jumped 4,3% in May alone and by nearly 25% between that month and May 2020, according to an analysis by the Associated General Contractors of America.Read More »
ON THE LEVEL: At Builder Breakfast webinar, AGC’s Simonson discusses what rising costs, supply shortages mean for industry
Speaking on Wednesday at a Daily Reporter Builder Breakfast webinar on “The future of the construction supply chain,” AGC of America Chief Economist Ken Simonson readily acknowledged that the main culprit in all of the supply chain pressure has been COVID-19. But there's more to it than that.Read More »
More than a year after the outbreak of the COVID-19 pandemic, the construction industry is faced with unprecedented supply chain disruptions even as the economy at large shows signs of climbing back to where it was before the coronavirus.Read More »