Tag: Commercial Construction Index

Technology

Contractors expect to use more tech in 3 years, including drones and wearable sensors

Drones, equipment tagging, and wearable sensors are among construction technologies expected to be more widely used by construction contractors. Details here.

December 28, 2018

Workforce

Contractors fear worker shortage affecting safety on the job

According to the Commercial Construction Index, more than half of contractors surveyed believe a lack of skilled workers is the top safety risk on the job.

September 17, 2018

Business

Steel tariffs, difficulty hiring weighing heavy on minds of contractors

Despite concerns about tariffs and labor shortages, the overall CCI score was 73, down one point from Q1. Read more information on Equipment World.

June 11, 2018

Dealers

CCI: More contractors plan to buy equipment as confidence continues

The commercial construction industry has continued its optimism from 2017 into 2018, with increases in new business prospects, rising revenue forecasts and steady backlogs, according to the Commercial Construction Index. And for the third consecutive quarter, a higher percentage of contractors report that they expect to spend more on tools and equipment in the next […]

March 8, 2018

Business

Commercial construction planning drops for fourth month in a row

Planning for nonresidential construction projects continued to lose ground in September for the fourth consecutive month, according to the Dodge Momentum Index. The index declined 8.4 percent from August, with institutional building dropping the most, at 11.5 percent. Commercial building planning fell 6.1 percent. The index measures the initial report for nonresidential building projects being […]

October 9, 2017

Business

Indexes indicate future growth in construction despite drop in August

The next 12 months should bring construction growth following a disappointing August, according to three recently released indexes. Destruction from Hurricanes Irma and Harvey, however, are causing additional uncertainty for the industry. One of those concerns is how the storms will affect the construction industry’s worker shortage. “Finding skilled workers will be essential to ensure the […]

September 25, 2017