Forcasting Archives

Construction Data and Figures 0

All But Four States Had Construction Unemployment Rates Below 10% in March The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released on April 30 by Associated Builders and Contractors. The analysis found that 19 states

How to Protect Your Projects and Profits from Tariffs 0

By Sabrina Miskelly, Document Crunch “This is a very risky time, and it’s important that you understand what’s going on in the contracts that are already under construction. Who is responsible for the implications of these tariffs?” asked Josh Levy, construction attorney and CEO/Co-founder of Document Crunch, to hundreds of industry professionals during a recent

Dates & Figs – April 2025 0

The construction industry added 13,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by a mere 143,000 jobs, an increase of 1.8%. Nonresidential construction employment increased by 22,300 positions on net in

The Challenges and Realities of Prompt Payment in Construction: A Subcontractor’s Perspective 0
- Best Practices, Cash Management, FINANCE, Forcasting, Payment
- March 25, 2025
By Adrienne Smoot-Edwards, Regeneracy; and Mary Klett, ASA Communications The construction industry is built on hard work, careful planning, and the collaboration of numerous trades and professionals. Yet, for subcontractors — the specialists who bring buildings to life with skilled labor, materials, and expertise — the industry’s payment process is a perpetual source of frustration
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Women in Construction: How to Encourage this Growing Demographic 0
- ADVOCACY, Forcasting, Improving Productivity, Leadership, Outlook & Trends, WORKFORCE
- March 25, 2025
By Builder’s Mutual staff How diverse is your job-site? It’s true that job-sites are often racially diverse workspaces. Most sites are bilingual, with Spanish being the first language for many workers. However, when it comes to gender, most job- sites aren’t diverse at all. The construction trade has long been among the industries with the
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3 Principles to Consider Before Deploying Your Working Capital 0
- FINANCE, Forcasting
- January 28, 2025
By Travis Mayor, Billd Subcontractors have a host of working capital options to choose from: lines of credit, cash, credit cards, construction-specific financing, supplier terms, and more. As they cover all the capital needs of the business, subs have to be strategic and intentional, deciding which source of capital makes the most sense for each
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