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Business
What will 2021 bring? Three Construction Economists Weigh In
From single-home residential construction to commercial construction to highway construction, find out what three economists are forecasting for 2021.
November 30, 2020
Business
âDeeply scarredâ construction industry faces long road in 2021, Dodge forecast says
Chief Economist Richard Branch of Dodge Data & Analytics is forecasting growth for the construction industry in 2021. More information on Equipment World.
November 11, 2020
Business
75% of contractors report canceled, postponed projects in AGC survey
A new survey reports that 75 percent of contractors have seen an upcoming project canceled or postponed. Thatâs up from 60 percent in August and 32 percent in June, according to the Associated General Contractors. The recent AGC survey also shows that 78 percent of contractors have faced delays or disruptions on current projects. Thatâs [âŚ]
November 3, 2020
Contractor of the Year
How Two Brothers are Protecting 108 Years of Construction Legacy
To say brothers Scott and Tyler Roberts grew up in construction is an understatement. The two can trace the lineage of JLR Contractors back to their great-grandfather, J. Lyne Roberts Sr., who in 1912 started building homes in Provo. As they shared a bedroom growing up, the brothers talked about following their grandfather John Roberts [âŚ]
October 14, 2020
Business
Construction Seems OK Despite Economic Uncertainty. But Will the Work Hold?
As we put together our most recent Used Equipment Special Report for the latest print edition and here on the website, a quote from Dennis Howard stood out to me. In response to economic uncertainty and the ever-present cloud hanging over everything that the coronavirus pandemic has become, the vice president of fleet and remarketing [âŚ]
September 17, 2020
Business
Former contractor accused of spending PPP loan on Harley, personal use
A former construction company owner obtained a paycheck protection loan for $841,000 â some of which he is accused of spending on a Harley-Davidson motorcycle.
September 2, 2020
Business
These 20 contractors rate best in paying subs, suppliers on time
A new award has named 20 large construction contractors that pay their subs and suppliers on time with no hassles. The award is the creation of Levelset, an online service to help construction businesses file mechanicâs liens. The Levelset website also allows subcontractors and suppliers to rate contractors on how responsive they are to paying [âŚ]
July 1, 2020
Business
Constructionâs Coronavirus Reset: How to handle people and projects going forward
This is not the time to dust off your 2009 playbook. This recession has elements never before encountered. The differences are many: Youâve not seen widespread worker concern over viral contamination from others on the job. Youâve never had to consider the impact of anti-viral PPE and protocols on productivity. And never before have you [âŚ]
May 20, 2020
Business
How long will it take for construction to recover from the coronavirus?
It may take at least 18 months for contractors to see a complete reconstruction of what was to be in 2020, before the outbreak of the coronavirus pandemic. But there is some good news, says Anirban Basu, chief economist, Associated Builders and Contractors. âIt will be the shortest recession in history,â he declares. âBy the [âŚ]
May 15, 2020
Business
How construction contractors can use mechanicâs liens to get paid
As the economy declines, Levelset CEO Scott Wolfe says contractors need to be prepared to protect their payment rights. Details on Equipment World.
May 11, 2020
Business
How the Coronavirus Pandemic Has Changed Construction Work
Over the last several weeks each of the editors here at Equipment World have spent much of our time trying to get a better understanding of how construction contractors have been impacted by the coronavirus pandemic here in the U.S. While several contractors we spoke with saw their work come to a halt, the majority that [âŚ]
May 5, 2020
Business
Weekly Coronavirus Contractor Survey: 24% expect backlog decrease
Editorâs Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. When looking at how project backlogs will change in the next 30 days, fewer contractors say they are expecting a decrease, according to Week 5 of Equipment World âs survey of contractor sentiment about [âŚ]
May 1, 2020
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