Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment
By Scott Berman
August 11, 2025
Elevator equipment systems come in lots of shapes and sizes, each of which ultimately falls into one of two categories: proprietary or non-proprietary. Choosing the right vertical transportation systems, and maintaining and updating them, can impact everything from safety of buil...
Lasting Impressions: Strategize Recruitment and Retention With This Secret Weapon
By Doug Jakobitz
August 8, 2025
The construction industry is facing a workforce emergency. According to a recent estimate by Associated Builders and Contractors, U.S. firms must hire 439,000 new workers in 2025 to meet labor demands. This shortfall compounds an existing skills gap that’s already straining proje...
Well-Insulated: Predict the Unpredictable Construction Costs
By Jill Masur
August 8, 2025
It’s clear that, at least for the next year or more, the construction industry can expect unpredictable cost variations.
What can construction companies do to insulate against cost fluctuations? How can they mitigate risks related to supply-chain issues, labor shortages, and inc...
Co|Laboration at Its Finest: HITT's New Innovation Lab
By Ken Budd
August 8, 2025
A four-legged yellow robot named Spot walks across reddish-brown dirt at the jobsite for HITT Contracting’s new headquarters in Falls Church, Virginia. His narrow frame resembles a greyhound (though one without a head) and his flat back carries cartographic imaging equipment. Spo...
Modern Tools, Modern Workforce: Strengthening Construction Talent Pipelines and Recruiting Graduates
By Kit Dickinson
August 7, 2025
As high school and college graduates enter the labor market, construction employers face a timely opportunity to bolster their talent pipelines and shore up labor shortages. To remain competitive and ensure long-term stability, construction businesses must act decisively to attra...
Numbers Don't Lie: Accounting Leaders Weigh In on State of 2025 Construction Finance
By David McMillin
August 6, 2025
On the surface, accounting feels fairly simple: Add up the revenue, subtract the expenses and report where all the dollars are going. Today’s construction industry, however, is anything but simple, and it demands the ability to take a deeper dive into the immediate details while ...
Nonresidential Construction Spending Contracts in Six of Past Seven Months
By ABC
August 5, 2025
WASHINGTON, Aug. 1—National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 tri...
Executive Insights 2025: Leaders in Construction Accounting
By Construction Executive
August 1, 2025
What should contractors consider when choosing a new accounting firm?
Joseph Natarelli
National Construction Leader
CBIZ
The most important thing is first-hand industry experience. There are many unique facets of the industry that make experience invaluable, from applying the t...
How Contractors Can Navigate Growth Amid Higher Costs and a Tight Labor Market
By Ben Johnston
July 30, 2025
Contractors today face a number of challenges: residual effects of ongoing inflation and elevated cost of capital due to a higher interest rate environment; the impact of tariffs driving up the cost of materials; and a tight labor market making it challenging to hire skilled work...
Every State Had June Construction Unemployment Rates Below 10%
By ABC
July 30, 2025
WASHINGTON, July 30—The national June 2025 not seasonally adjusted construction unemployment rate was 3.4%, a 0.1% increase from June 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The analysis...
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