Contractor News

News about contractors that are customers of equipment rental companies.

Highlights

Contractor News

Construction Industry Facing Higher Borrowing Costs, Softening Residential Sector, Marcum Index Says

Oct. 8, 2022
The Marcum Commercial Construction Index reports that the construction industry faces rising costs and shortages of labor and materials, but now also must contend with a weakening...
Photo by United Rentals
Uri Laptop On Construction Site
Contractor News

Dodge Momentum Index, ISM, Beige Book Send Mixed Signals about Economy

Sept. 22, 2022
The Dodge Momentum Index slipped 1 percent in August from a downwardly revised July reading but jumped 17 percent year-over-year.
Photo by Dodge Construction Network
July Construction Starts 12 (1)
Contractor News

Construction Starts Surge in July, Dodge Construction Network Says

Aug. 22, 2022
Mega projects led gains, but details show broad-based construction expansion.
Photo by Atlas Copco
Atlas Copco Bucket Crusher Bc 3700
Contractor News

Building Construction to Continue Strong Through 2023, AIA Forecasts

July 22, 2022
Construction spending on buildings is projected to increase just over 9 percent this year and another 6 percent in 2023, according to the mid-year update of the American Institute...
Photo by Takeuchi-US
Stickles has been promoted to the new regional business manager in the Northeastern region for Takeuchi.
Contractor News

Stickles Replaces Barndollar as Takeuchi’s Northeast Region Business Manager

July 13, 2022
Mark Barndollar, is retiring after a career in construction equipment sales, including almost seven years with Takeuchi. Carl Stickles will now be responsible for all sales development...
Photo by Finning Canada
Finning Labour 3
Contractor News

Skilled Labor Shortage is Contributing to Construction Services Costs, Marcum LLP Says

March 8, 2022
The construction industry continues to face a skilled labor shortage, with worker scarcity exacerbated since the onset of the pandemic, said Marcum LLP’s annual analysis of the...
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Contractor News

Materials Costs and Bid Prices Jump as Dodge Starts Rise, AGC Reports

Feb. 24, 2022
Construction input costs and bid prices both accelerated in January, according to Bureau of Labor Statistics data posted last week.
Graphic by Associated Builders & Contractors
Jobs Table 12 3 2021
Contractor News

Nonresidential Construction Employment Rises in November, Says ABC

Dec. 6, 2021
The construction industry added 31,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released last week by the U.S. Bureau of Labor...
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Contractor News

October Employment Lags Pre-Pandemic High in 33 States

Nov. 28, 2021
Seasonally adjusted construction employment in October trailed the February 2020 level in 33 states, exceeded it in 16 states and the District of Columbia, and was unchanged in...