Rising materials prices are keeping procurement unpredictable for contractors, said Macrina Wilkins, senior research analyst ...
General liability insurance for electrical contractors costs, on average, $48 per month. The total cost of coverage will depend on the type of insurance purchased, the coverage limits selected, the ...
Since 2020, CRE construction has witnessed unprecedented materials pricing escalations and excessive lead times, accentuated by rising interest rates, record-high inflation and labor shortages. From ...
U.S. contractors lost between $30 billion and $40 billion in 2022 due to poor labor productivity, according to a new report from FMI Corp. The survey focused on self-performing contractors, those ...
Like many industries, commercial real estate hasn’t been immune to the impacts of the new tariffs implemented by the Trump administration, especially in the construction sector. As of March 12, steel ...