Forcasting Archives - Page 2 of 3

Navigating Tariffs, Talent Gaps, and Market Volatility in Construction 0

By Matt McCammon, AvidXchange Tariffs, labor shortages, and shifting market conditions continue to challenge construction finance teams. But with the right strategy, you can stay ahead of the disruption. Learn how leaders in construction are adapting their operations—and how AP automation can help bring clarity and control to uncertain times. The construction industry stands at

U.S. Construction Industry Report: An inside look at how companies are adapting to the current market 0

The U.S. construction industry experienced a surge in 2022 and 2023 due to federal funding and pent-up demand, but the market began softening in 2024 and continues into 2025. Key challenges include rising costs from interest rates, inflation, and tariffs, which disproportionately affect smaller firms. Supply chain disruptions, though eased, still necessitate a “just-in-case” approach

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
- Forcasting, Improving Productivity, Outlook & Trends, Taxes
- April 22, 2025
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
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Dates & Figs – April 2025 0
- Dates & Figs, Forcasting
- April 22, 2025
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
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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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