Articles Tagged with ''supply chain''

The prices contractors pay for construction materials continued to increase in August while many firms report struggles to get those materials delivered on time.

AD hosted its 2021 Gypsum Supply Division Virtual Spring Meeting, offering members and suppliers a multi-day agenda filled with informative industry speakers and collaborative sessions.

The cost of goods and services used in construction climbed by a record-setting 4.3 percent in May and 24.3 percent over the past 12 months, jeopardizing contractors’ solvency and construction workers’ employment.

The construction industry is experiencing widespread and growing problems with the cost and supply of materials. These challenges will make it more costly and difficult to achieve the administration’s goals for infrastructure, renewable energy, and affordable housing.

Nonresidential construction spending in April declined for the fifth-straight month to a two-year low as demand waned for numerous public and private project categories in the face of lengthening production and delivery times for materials, along with fast-rising prices for many items, according to an analysis of new federal construction spending data by the Associated General Contractors of America.

Nonresidential construction spending fell to a two-year low in March as contractors struggled with slumping demand for most project types and growing shortages of materials, transport, and workers, according to an analysis of new federal construction spending data by the Associated General Contractors of America.

Construction employment decreased from March 2020 to March 2021 in 203, or 57 percent, of the nation’s metro areas.

Construction employment climbed by 110,000 in March as the industry recovered from severe winter weather that pushed employment down by 56,000 in February, according to an analysis by the Associated General Contractors of America of government data released.

The National Institute of Building Sciences joined more than 2,000 public sector representatives from 100 countries to form a new Global BIM Network.