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Subcontractors find more project leads, get promoted to general contractors, organize and manage bid opportunities on your online bid board, and perform digital takeoffs.
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Explore Customer StoriesStay up to date on the latest construction economic news and get in-depth analysis and insights from Chief Economist Michael Guckes.
By:
Michael Guckes, Chief Economist
July 6th, 2022
Earlier this month Amazon canceled or delayed the construction of over a dozen new warehouse structures. This news comes not long after the company posted its first quarterly pre-tax income loss since 2014; however, this was in part a result of the company’s acquisition of MGM Studios in early 2022. Excluding the acquisition, income from continuing operations was reported for Q1 2022 at $-3.84 billion.
By:
Michael Guckes, Chief Economist
June 7th, 2022
The latest data on construction materials and supplies suggest no stop to the supply chain and manufacturing challenges facing the construction industry. Unfilled orders, new orders, and total inventories all reached historic highs in current dollar prices in the latest data reported for April 2022.
Not sure of who to contact? Feel free to write us a message or you can call us directly at 877-794-6091.