Lumber Prices Are Down Again—But for How Long?
Experts say a higher interest rate environment for the foreseeable future may crimp demand for the essential building material in the years ahead, capping a period of pandemic-induced volatility
Experts say a higher interest rate environment for the foreseeable future may crimp demand for the essential building material in the years ahead, capping a period of pandemic-induced volatility
Major investments in infrastructure and energy in the years ahead mean lucrative opportunities for construction firms. But the industry faces a major worker shortage that will require purposeful actions to reverse
Australia is experiencing an infrastructure boom, with $120 billion invested into land transport and roads over the next 10 years. This is all part of the government’s program to meet the country’s growing demands. Learn about 10 of the largest infrastructure programs currently underway.
The construction sector has just got back into its stride, but now faces more uncertainty, as rising energy and material prices set to put a dent in the sector’s efforts to return to normal.
Shortages are pervasive across the industry, but experts say these materials are especially hard to come by—and may be for some time
Thanks to Brexit and the covid pandemic-related supply chain issues the cost of building materials – everything from bricks to timber and steel – soared during 2020 and 2021. Just as this situation began to ease, Russia’s invasion of Ukraine piled yet more cost pressures on a number of key products. How can the industry mitigate these and meet the demand for new homes, infrastructure schemes and other projects?
With a population of nearly 600,000 people, the English county of Cornwall is one of the UK’s top holiday destinations, thanks to its warm climate, beautiful countryside and stunning beaches. Located at the western end of the Cornish peninsula, which also encompasses Devon and parts of Somerset, Cornwall attracts around 4 million visitors a year…
While the construction industry is booming, the sector has suffered the lowest productivity gains over decades. Understanding and harnessing the trends – while also resolving the challenges – will position your business for sustainable growth and performance.
Adaptability has been the key to success for many construction companies during the pandemic. Here are five industry challenges that can be turned into opportunities in 2022.
The price of the essential building material has been on a wild ride since the pandemic began. What’s behind the most recent spike?
As part of the battle to stem, or even reverse, climate change, the built environment must address the issue of sustainability: economic, environmental and social. Following the recent COP26 conference in Glasgow, calls for greener solutions to preserve the future, the industry will be even more mindful of the need to build now with future generations in mind.
Pandemic-induced supply chain disruptions are wreaking havoc on the global economy, but the pain is being felt especially hard in construction
Accurately estimating construction costs is essential to determining the financial viability of your project at hand and overall business survival. With plenty of tools, books and resources available to support, here are a few places to start.
As the construction sector navigates a global pandemic, industry events are as critical as ever in facilitating opportunities to upskill and build connections. Here’s a list of upcoming events in Australia that are not-to-be-missed.
A two-year-old United Nations report warned that the world needed to act to maintain its reserves of sand, with supplies already under pressure from extensive building programs. As construction activity continues after COVID-19, is the industry likely to see a shortage of one of the most essential building materials?
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