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Blog Feature

Construction Industry News | COVID-19

By: Kendall Jones
August 14th, 2020

Here’s a quick rundown of this week’s top news and happenings in the construction industry. Each week, we’ll take a look at some of the interesting local, regional, and national stories about construction to keep you better informed of the goings-on in the industry.

Blog Feature

Operating Insights | COVID-19

By: Holly Welles
August 12th, 2020

The construction industry can be volatile and unpredictable at the best of times. With the coronavirus pandemic sweeping the globe, construction work is taking a hard hit. Projects are getting delayed and even canceled as regions open and close to try to slow the virus's spread.

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Blog Feature

Economic News | COVID-19

By: Alex Carrick
August 10th, 2020

Canada’s Jobs ‘Claw-Back’ Ratio Now Exceeds 50% In July, the total number of jobs in Canada rose by 419,000, according to Statistics Canada, bringing the cumulative figure for the latest three months to +1.661 million. June’s number was +952,000 and May’s, +290,000.

Blog Feature

Economic News | COVID-19

By: Alex Carrick
August 10th, 2020

A Faint Echo of Normalcy in Hospitality Sales? In the U.S., retail and food services sales are combined in a single monthly report from the Census Bureau. Also, the data is relatively current. Latest results are for June 2020.

Blog Feature

Economic News | COVID-19

By: Alex Carrick
August 7th, 2020

In July, according to the Employment Situation report published by the Bureau of Labor Statistics (BLS), the total number of jobs in the U.S. climbed by 1.8 million (after gains of 4.8 million in June and 2.7 million in May) and the seasonally adjusted (SA) unemployment rate eased to 10.2% (after readings of 11.1% in June, 13.0% in May, and 14.4% in April).

Blog Feature

Construction Industry News | COVID-19

By: Kendall Jones
August 7th, 2020

Here’s a quick rundown of this week’s top news and happenings in the construction industry. Each week, we’ll take a look at some of the interesting local, regional, and national stories about construction to keep you better informed of the goings-on in the industry.

Blog Feature

Operating Insights | COVID-19

By: Earl G. Geertgens III
August 5th, 2020

Social distancing may feel surreal in the beginning—coworkers avoiding physical contact, people separated by partitions, everyone wearing masks. It might even seem a little lonely with a lot of our coworkers still forced to work at home as organizations ramp up operations, allowing people to return to work in phases. Nonetheless, over time, we'll get used to a new "normal" as novel ways of working emerge.

Blog Feature

Economic News | COVID-19

By: Alex Carrick
August 5th, 2020

Average annual U.S. ‘real’ (i.e., after accounting for inflation) gross domestic product (GDP) growth for the latest 20 years (2000 to 2019 inclusive) has been +2.1%; and for the past 10 years, +2.3%. The latest 10-year (2010 to 2019) annual average isn’t biased downwards by the 2008-2009 recession.

Blog Feature

Construction Industry News | COVID-19

By: Kendall Jones
July 31st, 2020

Here’s a quick rundown of this week’s top news and happenings in the construction industry. Each week, we’ll take a look at some of the interesting local, regional, and national stories about construction to keep you better informed of the goings-on in the industry.

Blog Feature

Economic News | COVID-19

By: Alex Carrick
July 30th, 2020

Midsummer 2020 will forever be known as a historic time for U.S. economic data releases. On this date, July 30th, the Bureau of Economic Analysis (BEA) has published its estimate of Q2 versus Q1 gross domestic product (GDP) change, annualized (i.e., extended for a full year), and it’s a searing drop of -32.9%.

     
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