Is a recession coming in 2025? What it could mean for construction
The U.S. tariffs will likely cause a recession, and diversified services, strategic spending, and tech adoption are key to keeping business afloat.
Economy
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Autodesk cuts 9% of workforce: Is the construction industry next?
Autodesk has cut 1,350 jobs making it a 9% reduction of their workforce. Does this mean more layoffs for workers in the construction industry?
Canadian builders and manufacturers are sourcing alternative suppliers as a result of US tariffs
Canadian builders have started to source materials from suppliers outside of the US, signalling a shift of less dependence due to tariffs.
Why there’s so few minority construction companies and what to do about it
Minority-owned construction companies remain underrepresented, facing challenges like limited funding and fewer networking opportunities.
Construction in flux: How the new US administration is reshaping the industry
The president’s administration is ringing in the new year with new policies affecting labor, tariffs, and regulatory changes.
Where construction booms and flops: Ranking the best and worst states
Wisconsin is the top state for a favorable construction environment, with a 4.4% job growth rate and 2,500 apprentices in skilled trades.
Construction wages in the 10 largest economies
Construction compensation varies across global economies. The US, UK, and Germany see some of the highest construction wages.
BC contractors face 72% skilled labor shortage amid rising project delays
Nearly 65% of BC contractors spend more time and resources on recruitment as labor shortages slow construction and increase costs.
Trump’s deportation plans could undermine U.S. construction
Trump's proposed deportation of undocumented workers threatens to disrupt the U.S. construction industry with labor cuts.
Contractors report declining backlogs, raising concerns for industry growth
Contractor backlogs dropped 20% in 2024 to 8.4 months, highlighting slowing construction demand and rising economic pressures.
NAHB Labor Report shows increasing need for construction workers
NAHB Labor Report insights highlight the urgent need for over 700,000 construction workers to meet the industry’s rising demand.
ABC Releases AI Construction Technology Report
ABC released its fourth annual construction technology report, focusing on the impacts of artificial intelligence in construction.
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