Subcontractors find more project leads, get promoted to general contractors, organize and manage bid opportunities on your online bid board, and perform digital takeoffs.
Find More BidsOutsell your competition with quality construction leads. Identify new opportunities, review market trends, and make the right connections to better understand demand and sell your products.
Get Your Products SoldEnsure bid coverage and improve your response rate with the largest network of commercial subcontractors, and discover new bidding opportunities to win more work.
Quickly Create & Send Bid InvitesIncrease your specification rate, grow your market share, and maximize your selling power with actionable project leads, data-driven insights, and construction industry trends.
Get Your Products SpecifiedFind the right digital takeoff solution for your construction business from trade-specific takeoff tools to a fully integrated construction estimating suite.
Perform Digital TakeoffsFind construction bids needing your services, connect with contractors and general contractors bidding projects in your area, and see which projects your competitors are quoting.
Drive Stronger SalesAll your bidding info in one place for your entire estimating team to access.
Take Control Today With Bid CenterSupercharge your bid board with project leads and digital takeoffs.
Find More Construction BidsFocus on your best opportunities and easily move projects through your pipeline.
Manage All Your Construction LeadsMultiple users can collaborate in real time for hassle-free remote meetings.
Work Smarter With Real-Time CollaborationRead up on the latest commercial construction news, hot projects, construction technology, operating insights, economics, and more.
Read the Latest Blog PostsCheck out our latest product videos and economic webinars.
Watch. Replay. Repeat.Economic news, webinars, monthly construction starts, quarterly forecasts, annual put-in-place forecasts, and more.
Check Out Our Economic ResourcesAccess the AIA's Architect's Journey to Specification reports and blog posts focused on getting your building products specified.
Check Out Specification ResourcesOur Construction Estimating Survival Kit helps make estimating easy with blog posts, eBooks, and tools to help you bid better and win more jobs.
Grab the Survival KitRead the latest economic news impacting the construction industry with insight from Chief Economist Alex Carrick and Senior Economist Michael Guckes.
Construction Economic NewsSince climbing interest rates are a primary concern governing the outlook for construction activity and since the reason interest rates are being adjusted upwards by the Federal Reserve and the Bank of Canada is to slow the economy and dampen demand for many consumer goods, the topic of runaway inflation has taken on huge significance.
The enormous year-over-year increases in construction material costs evident in the middle of last year have eased substantially entering summer of this year. Last year in June, the average y/y gain for the two Producer Price Index series designed by the Bureau of Labor Statistics to specifically capture construction input costs was +30.0%. The latest average y/y climb, for May 2022, is down by nearly half, to +16.4%.
ConstructConnect’s Expansion Index, a monthly measure of the dollar value of construction projects in planning compared to the same month one year ago, registered 15% overall expansion in Canada and 10% in the United States for the month of May 2022. The latest Canadian reading was the highest in the year-to-date period and marks the 11th consecutive month of double-digit index expansion. The May reading in the United States was similarly impressive, setting a 10-month high.
May Outdoes April for Megas ConstructConnect announced today that May 2022's volume of construction starts, excluding residential work, was $63.4 billion, an increase of +18.9% versus April’s figure of $53.3 billion (previously reported as $52.6 billion). An increase of nearly one-fifth month to month is about double the usual climb at this time of year due to seasonality (i.e., less inclement weather than in winter, facilitating onsite work outdoors.)