Your source for construction industry news in the Carolinas
The ACCA and IMA® (Institute of Management Accountants) Global Economic Conditions Survey (GECS) shows confidence rebounded sharply in North America in Q4 in 2023, after a large fall in Q3. Confidence declined among accountants globally for the third consecutive quarter, consistent with a further moderation in global growth. The survey doesn’t suggest that a major downturn is on the…
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.6 months in December from 8.5 months in November, according to an ABC member survey conducted Dec. 20 to Jan. 4. The reading is down 0.6 months from December 2022. View the full Construction Backlog Indicator and Construction Confidence Index data series. The…
In the rapidly evolving landscape of business-to-business (B2B) marketing, construction executives are constantly faced with choices on how to allocate their marketing budgets to maximize impact and ROI. While traditional avenues such as one-time event sponsorships have been popular, the digital age beckons a shift towards more sustainable, impactful, and value-driven marketing strategies. Among these,…
Parker Poe Adams & Bernstein LLP is pleased to announce the election of eight new partners for 2024. John Amabile, Beth Morris, and Reagan Sauls in Atlanta; Tiffany Burba, Catherine Clodfelter, and Laura Goode in Raleigh; Robert Osborne in Charleston; and Megan Dunham in Charlotte were voted into the firm’s partnership. A seasoned commercial litigator, John…
Construction input prices decreased 0.6% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.4% for the month. Overall construction input prices are 1.2% higher than a year ago, while nonresidential construction…
Carolinas AGC (CAGC) is pleased to announce the 2024 Foundation Board of Directors. The CAGC Foundation Board is made up of the following members: Officers:Chair: Edison Cassels, Edison Foard ConstructionChair Elect: Chad Webb, J. M. Cope ConstructionCAGC Chair: Dean Wilson, Hood Construction Company, Inc.Immediate Past Chair: Claudia Dodgen, Crowder Constructors Inc.Treasurer: Evan Sowell, Langston Construction CompanySecretary: Dave Simpson, CAE, Carolinas AGC…
The American Institute of Architects (AIA) calls on Congress to work in a bipartisan manner to expeditiously pass a funding deal to avoid a government shutdown. Congress should also repeal the harmful Research and Development Tax amortization provision and make it retroactive to cover tax year 2022 to ensure that the tax code continues to…
Colliers International South Carolina, Inc. Board of Directors recently announced leadership changes as it elected David M. Feild, CCIM, as its President. John W. Folsom, who has led the company as President for over 30 years, will continue as the company’s Chief Executive Officer and Chairman. Under the Board’s approved succession plan, Feild will assume…
As the new year begins, what will keep the world’s executives up at night? CEOs in both the United States and globally are bracing for a recession and elevated inflation. Despite these issues topping their worry list, just 37% of US CEOs say they are prepared for a recession, and 34% are prepared for high…
The Associated General Contractors of America and its Louisiana AGC chapter filed suit today in federal court to block the Biden Administration’s unlawful effort to mandate project labor agreements for major federal construction projects. Association officials noted that President Biden lacks the legal and constitutional authority to impose such sweeping labor policies that undermine current labor…
