Soaring Prices And Delivery Delays For Lumber, Steel And Other Inputs Squeeze Finances For Construction Firms Already Burdened By Pandemic
Soaring Prices And Delivery Delays For Lumber, Steel And Other Inputs Squeeze Finances For Construction Firms Already Burdened By Pandemic
Monthly Construction Input Prices Surge 2.5% in January, Says ABC
WASHINGTON, Feb. 17,, 2021 — Construction input prices increased 2.5% in January 2021 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 rose 2.1% for the month. Construction input prices rose 4.8% from a year ago….
Ten Tips To Upgrade Your RFI Process: Part One
The Request For Information (RFI) workflow is one of the most important processes that trade contractors use during the lifecycle of a project. It is the opportunity to ask a formal question to obtain a specific answer in regard to a deviation to the original project documents, plans or ever an Owner-initiated request in the…
ABC Statement on Senate Committee Vote Approving Nomination of Mayor Walsh as Labor Secretary
Associated Builders and Contractors President and CEO Michael Bellaman released the follow statement on the vote by the U.S. Senate Health, Education, Labor and Pensions Committee to approve the nomination of Mayor Marty Walsh as secretary of the U.S. Department of Labor: “Mayor Walsh knows the construction industry and its workforce, so I believe we…
Nonresidential Construction Spending Dips Nearly 1% in December, Deepening a Monthslong Slump, Says ABC
WASHINGTON, Feb. 1, 2020 —National nonresidential construction spending declined 0.8% in December 2020, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in…
Transform Your Construction Business in 2021
Recently Rob McKinney, director of business development for eSUB, and Steve Coughran, founder and CEO of Coltivar, hosted a webinar to help construction executives transform their businesses. Here are some of the highlights of that webinar. Many construction businesses have survived all the challenges in recent years. But how are they performing under today’s conditions?…
The Blue Book Network® and Regional Hispanic Contractors Association Form Strategic Alliance
The Blue Book Building and Construction Network www.thebluebook.com the largest and most active network in the commercial construction industry, has partnered with the Regional Hispanic Contractors Association https://regionalhca.org/ to provide its members with significant value-added benefits. This new alliance complements the missions of both organizations in supporting the growth of the construction industry. Subcontractors will now have access to pre-bid…
The Blue Book Network Velocity Index Posts 13% Increase in December
The Blue Book Network Velocity Index climbed 13.1% in December to 113.3 (December 2018 = 100). The increase reverses a 2-month decline, recovering from a revised 100.2 in November. The Blue Book Network Velocity Index is a measure of month-to-month changes in bidding activity in The Blue Book Network, accounting for seasonality, providing a leading…
Different Types of Drainage Pipe and When to Use Them
Almost every contracting project’s final product requires access to water. And when a project involves water, it almost always requires drainage pipes. With any form of pipe or wiring, there are many variations, each with different advantages and disadvantages specializing in particular situations. What is Drainage Pipe? A drainage pipe is any pipe used to…
Tips For Working With Concrete In Cold Weather
The general category of “cold weather concrete” applies to a period of three days or more where specific conditions occur while concrete is exposed. Per the American Concrete Institute, here is what those different weather conditions entail: — An average daily air temperature lower than 40°F. — Air temperature not exceeding 50°F for over half of a…
