February 25, 2019

As the construction workforce ages and the labor market remains tight, construction companies are having to make additional efforts to attract young people into the construction trades. When considering strategies for recruiting and engaging workers from the newly...

February 25, 2019

In construction projects, delays can be costly.

Project owners concerned that the late completion of a project will prove expensive for them may seek to include a liquidated damages provision in the construction agreement, which typically provides a method for calcu...

February 25, 2019

Another strong year for construction sector performance is projected for 2019, but factors such as inflation, labor shortages, increasing material prices, and tariffs could put a brake on growth in the months ahead, according to a 2019 economic outlook published on...

February 25, 2019

Construction starts surged 21% in October from the previous month, on the heels of three straight months of decline. Total construction starts for the first 10 months of 2018 amounted to $679 billion, up 1% from the same period a year ago. From September to October...

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