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Tag: construction business: Page 2
Business
How construction contractors are working safely amid coronavirus threat
Trying to get a job done safely has taken on added significance as contractors deal with the coronavirus pandemic on the job. Contractors readily argue that their work has a natural social distancing aspect: operators are in cabs and those working around a machine are outdoors and typically far enough from each other to maintain [âŚ]
May 4, 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
Business
How location is playing a critical role in the coronavirus impact on construction
Location, location, location. Itâs much more than a real estate mantra these days; it determines how much of an impact the coronavirus is having on a contractorâs business. From being completely shut down due to state or local governmental edict, to having projects sped up because stay-at-home orders have reduced the impact of people and [âŚ]
April 29, 2020
Business
Weekly Coronavirus Contractor Survey: 44% say project backlogs have âstayed the sameâ
Editorâs Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. More contractors are now saying they expect project backlogs to âstay the sameâ during the next 30 days, according to Week 4 of Equipment World âs survey of contractor sentiment about the coronavirus impact. [âŚ]
April 24, 2020
Business
Shut Down by Coronavirus: What happens when contractors are ordered to stop construction?
What happens when construction contractors are told to stop business because of the COVID-19 pandemic? Discover how contractors are coping on Equipment World.
April 23, 2020
Business
Construction firms gain highest percentage of paycheck protection loans
The construction industry has captured nearly $34 billion of the forgivable loans that have been approved under the Paycheck Protection Program.
April 21, 2020
Business
Coronavirus Impact Survey: Location determining factor in contractor outlook, 54% of Middle Atlantic respondents see decreases
Editorâs Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. Because states have responded with varying methods of controlling the virus, location has been a significant determining factor on whether contractors are working, as reflected by Week 3 of the Equipment World survey on [âŚ]
April 17, 2020
Business
Dodge economist: Recession rebound will begin this summer after painful 2nd quarter impact from coronavirus
Richard Branch, chief economist for Dodge Data & Analytics, predicts the U.S. economy and the construction industry will start to bounce back in early summer.
April 15, 2020
Business
Survey: 35% of contractors seeing project backlog decreases as coronavirus impact grows
Editorâs Note: Make your voice heard in our next survey. How is coronavirus impacting your business? Click here to participate in the survey. Contractors are seeing deepening impacts as the COVID-19 coronavirus impact spreads throughout the nation, according to an Equipment World survey conducted Mar. 27-Apr. 1. When asked how their current project backlog has [âŚ]
April 3, 2020
Business
How contractors are required to meet new sick and family leave requirements under coronavirus law
Though contractors with fewer than 500 employees must provide paid sick and family leave for employees affected by the coronavirus â unless they have fewer than 50 employees and receive an exemption â the stimulus relief package signed March 27 provides some cash-flow help for businesses having to meet this requirement. (For more details on [âŚ]
April 2, 2020
Business
Contractors can get grant-like forgivable loans under coronavirus relief law
Contractors may apply for forgivable loans to help maintain payrolls and other business expenses under the new coronavirus stimulus package. Details here.
March 31, 2020
Business
As coronavirus shuts down construction in parts of U.S., others accelerate work
Itâs a mixed, fast-evolving picture when it comes to construction project shutdowns throughout the U.S. due to the coronavirus threat. And even in areas where all-out construction bans have taken place â Pennsylvania and Boston in particular â exceptions are being made. In Pennsylvania, for example, where the governor decreed projects shut down this past [âŚ]
March 24, 2020
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