Welcome Propel People as ASA Silver Sponsor!
One of the biggest challenges facing our industry today is the skilled labor shortage. Propel People is a mobile-first, AI-powered hiring platform built to help trade contractors hire skilled tradespeople faster. If you’re looking to add skilled talent to your team, Propel can save you valuable time and expenses. Too often, teams in the trades spend countless hours and dollars on routine tasks like sourcing candidates, reviewing resumes, and conducting pre-screen interviews—time that should be focused on delivering projects. Propel helps trade contractors source more qualified candidates, cut time-to-hire by up to 50%, and save over 10 hours per hire. The result is faster, smarter hiring, so contractors can focus on building great teams and projects.
Registration is open for GlassBuild America: The Glass, Window & Door Expo, coming to Orlando, November 4-6. The show will host 500+ exhibitors on the largest trade show floor in GlassBuild history. Attendees will see the latest technology, experience the all-new GlassBuild America Skills Challenge area and network with thousands of professionals from across the glass and fenestration supply chain.
Report: The State of Subcontractor Billing in 2025
Siteline, the only billing software built for trade contractors, released its newest industry resource, The State of Subcontractor Billing in 2025. The report details how payment delays are threatening the financial stability of construction businesses, especially for the commercial trades, and how digital billing systems can help them regain control of their cash flow.
According to the report, the average subcontractor now waits 96 days to get paid, up from 90 days in 2019. Only five percent of subcontractors consistently receive payment on time, and more than 75 percent are covering vendor costs out of pocket while they wait. The financial pressure is escalating, with a 147 percent increase since 2019 in subcontractors who have had to dip into retirement savings to keep their businesses running.
“Subcontractors shouldn’t have to choose between paying their vendors and preserving their future. Every day a payment is delayed, it chips away at profits and forces trade contractors to cover expenses with money they don’t have,” said Gloria Lin, co-founder and CEO of Siteline. “Trade contractors keep the construction industry moving forward, and they deserve systems that support them. That’s why Siteline exists: to help subcontractors get paid faster and run their businesses more efficiently.”
The report also details the broader impact on the construction ecosystem. Payment delays cost the U.S. construction industry $280 billion annually and increase overall project costs by approximately 14 percent. General contractors (GC) are feeling the burden too, now spending 73 hours each month managing payment workflows, a 26 percent increase from the prior year. While 99 percent of GCs acknowledge the value of paying subcontractors faster, 27 percent cite a lack of organized processes as the primary cause of late payments.
Companies Face Higher Material Costs, Tariffs
Construction material input costs are on the rise. According to a recent report from the Associated General Contractors of America, the producer price index for materials and services used in nonresidential construction rose 0.2% in June and 2.3% from June 2024.
The year-over-year increase was the largest since February 2023, according to Data Digest from AGC of America. AGC identified several product areas with the highest y/y price increases: aluminum mill shapes (up 6.3%), steel mill shapes (up 5.1%), fabricated structural metal for bridges (up 22.5%), and bar joists and rebar (up 8.3%). The PPI for flat glass materials was up just 0.1% year over year; however, the PPI is up 25% compared to January 2020.
The PPI doesn’t directly include cost increases from tariffs. However, AGC notes “increases likely reflected reactions to the 50% tariffs on imported steel and aluminum that took effect on June 4.”
Lenovo Labor Day Sale (US)
Enjoy the fruits of your labor and save up to 25% on Lenovo systems and accessories. Sweeten the deal, earn My Lenovo Rewards. Now through September 7.
Earn BIG with MyLenovo Rewards
Sign up and earn rewards for future purchases. Plus, you’ll receive expedited delivery at no extra cost! Rewards are available to redeem 30 days after an order is shipped. For Lenovo Pro members, rewards are available to redeem 45 days after an order is shipped.*
*Rewards cannot be earned or redeemed on Lenovo Managed services, Deployment services, or Software Subscriptions. Monthly giveaway not eligible for Quebec
Shop Now: www.lenovo.com/us/en/lsp
Unlock special offers by sending ASALENOVO to 833-344-0228 today!
For assistance with purchases, call: 1-800-426-7235 (M-F: 9am-9pm ET, Sat: 9am-6pm ET)
Be sure to check the website often – special offers change frequently.
