The wildly popular Paycheck Protection Program (PPP), funded and administered by the federal government, is starting to evolve. At first, employers had to prove that they used the vast majority of the loan for payroll, or risk losing the ability to apply for loan forgiveness. Now, the federal government has relaxed these standards somewhat, after … Read more
The construction industry lost almost 1 million jobs in April. Then, the industry added hundreds of thousands of new jobs in May. The numbers are still down from a year ago, but the change indicates several reasons to be optimistic about the future. Here’s a look at how the industry’s dynamic has changed throughout Spring … Read more
Going to construction conferences used to be an opportunity to get away from your normal workflow and network, while learning about the latest practices and trying out new tools. Now that large gatherings present a much higher risk, many event organizers have shifted to virtual conferences. Here’s what to expect, and how to decide if … Read more
There’s no doubt that COVID-19 has changed the way that many industries think about communication and productivity. In the construction industry, companies are relying on technology more than before. But what happens in six months or a year? Will you be prepared for a second wave? Industry influencers are looking for innovations in these areas, … Read more
Construction is going to slow down. Until experts say that they were actually wrong about their estimations. It’s hard to build and grow a business on shifting sands, and an election year can be a particularly tricky time to do so. Everyone’s waiting to see what happens and then a bunch of people in high-ranking … Read more
The last few years have put a big emphasis on commercial construction. Urban renewal in areas like Los Angeles opened up billions of dollars in projects on the docket for years into the future. But residential construction still has a long way to go before housing exceeds demand in the state. If you’re thinking about … Read more
When COVID-19 first started to wreak havoc in the United States, many companies made the difficult decision to close up shop or suspend operations. In some states, they were required to do so by law. But now that many regions are starting to open up again, contracting businesses are discovering a new problem. Construction has … Read more
Experts believe that while the first wave of COVID-19 is starting to ebb in many regions, the threat may be around for much longer. If you are headed back to the jobsite, you should know that the virus is still a concern, and not just because people are afraid of contracting it. Here are several … Read more
If you do most of your work outside, it makes sense to try to stick to the sun when planning out your regular work schedule. During the summer, this is fairly easy to do. Once winter hits, it’s harder to make enough time in the day with the hours of daylight. Throw in employees who … Read more
In an industry that is dictated largely by season and often unpredictable, it’s hard to imagine a time when you’d ever want to decline bidding on a project. However, there are cases when you might get in over your head on a project that has major flaws. When you’re first starting out, you don’t want … Read more