The Presidential election is less than three weeks away and it will be hard to focus on much else between now and November 3rd. Just the same, proper attention needs to be paid to all the other happenings that are proceeding just off center stage. Some incredible statistical results are being racked up in the latest data releases from public and private bodies and the highlights are summarized in the next 13 bullet points.

Whether your construction company has one estimator or a team of estimators, easily and efficiently managing your bid pipeline is key to identifying the right opportunities to bid and winning more contracts to build a healthy backlog to grow or maintain your business.

Clichés are often true and it is the case that a picture can be worth a thousand words.

The accompanying table records the top 10 project starts in the U.S. for September 2020.

September 2020 Was Just Plain Weak ConstructConnect announced today that the latest month’s volume of construction starts, excluding residential work, was $24.3 billion (green shaded box, Table 4 below), a drop of one quarter (-24.8%) versus August's figure of $32.4 billion.

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of October 5 - 9, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.

We’ve compiled the list of Top 10 Most Frequently Cited Standards for Construction for fiscal year 2020 (October 2019 through September 2020).

When it comes to construction, it is extremely important to have control over finances. Though it is one of those industries that have shown significant growth during the last two decades, construction firms are expected to face maximum loss on profit margin due to improper project control.

U.S. GDP Bounce Back After a change of -5.0% annualized in ‘real’ (inflation-adjusted) gross domestic product (GDP) in Q1 of this year, the U.S. economy plummeted -32.9% in Q2. Annualizing the number essentially means compounding the quarter-to-quarter change to obtain a yearly rate. (The result is usually close to multiplying by four.) The quarter-to-quarter change in Q2 was about -9.0%.

Listed below are ConstructConnect’s Hot Commercial Construction Projects for the week of September 28 - October 2, 2020. Our Hot Projects showcases three currently bidding or sub-bidding projects from all 50 states and the District of Columbia pulled from our extensive database of construction leads.