Economic and industry news or trends
Resource Roundup: Continuing the forward momentum
Each week, we’re rounding up a list of valuable and inspiring industry content to keep you informed, empowered and motivated for future success.
Today, we’re bringing you reasons for the decrease of construction costs, why there is optimism among builders, what you should consider before taking on an infrastructure project and more.
Financial resources
- Check out this Construction Dive article to see why construction costs have decreased for the first time in 10 years.
Business insights
- According to this article from Construction & Demolition Recycling, there are reasons for optimism as Marcum survey shows two-thirds of respondents say they still have a backlog of building projects.
- Amid the pandemic, infrastructure contractors have been lucky to continue work as normal. However, this article from Construction Dive points out four things to consider before taking on an infrastructure project.
- In this article from Real Estate Weekly, read about how New York has added 42,000 construction jobs since it began reopening in May and how the new rise in coronavirus cases may cause another decline.
- The percentage of home construction in the United States jumped 17.3% in the month of June. Read all about this increase and what it means for the industry in this article from Construction & Demolition Recycling.
Safety guidelines
- As many construction companies in New York City have gotten back to work, inspectors are cracking down on job site safety violations. Find out what you need to know in this article from Construction Dive.
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