Economic and industry news or trends
The Construction Beat: Preparing for success in a new year, new administration and new normal
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We at Buildertrend know the industry moves fast – and want to help you keep up. Because we also know a more informed construction team is a more successful and inspired one. That’s why we deliver the most newsworthy updates, all in one place. With “The Construction Beat,” check out what’s been happening around the industry – and why it matters to you.
Today, we’re bringing you a forecast of how President Joe Biden’s environmental policies may affect contractors, updates for preventing the spread of COVID-19 and stats that may signal the end of the worst housing shortage.
How Biden’s Inauguration Day executive orders will impact construction
On his first day in the Oval Office, President Joe Biden kept busy by issuing various executive orders, proclamations and memoranda. The most direct impact to the construction industry came with the President’s negation of the Trump administration’s loose environmental regulations for contractors.
Why finding workers is getting harder for U.S. homebuilders
Surveys by the National Association of Home Builders indicate that a labor shortage is at the top of builders’ top concerns heading into 2021. Even with millions of Americans being out of work, contractors are still struggling to fill construction jobs just as much as before the COVID-19 pandemic.
What construction workers need to know about COVID-19
The CDC has issued guidance to minimize the risk of COVID-19 exposure for construction companies. The guidance includes specific steps both employees and employers can take to keep the job site safe.
Protecting workers: Guidance on mitigating and preventing the spread of COVID-19 in the workplace
In response to an executive order issued by President Biden, the Occupational and Health Administration released guidance on how to reduce the spread of COVID-19 in the workplace or job site. Relevant to builders, OSHA specifically recommends the use of face coverings, social distancing, personal protection equipment and appointing workplace coordinators responsible for coronavirus issues.
Residential construction at 14-year high
Single-family housing starts were up 12% from November to December 2020, which National Association of Realtor’s chief economist Lawrence Yun believes may signal the end of the worst housing shortage.
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