4 Ways to Overcome Project Setbacks, Challenges in Unpredictable Environments

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By Mark Hendricks The last year has reinforced that nothing is certain, and the unexpected should always be expected. Major storms, growing labor shortages, a canal blockage and a global pandemic were just a few of the many unpredictable events that have caused procurement interruptions, longer lead times and rising prices for most of the commonly used building materials. The inevitable slowdown put an uncomfortable spotlight on the construction industry’s heavy dependence on the global supply chain, as well as demonstrated how the shifting of just a few variables can cause major headaches. Delivery times for lumber orders, alone, have … Read more

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Association Reports Construction Spending Posts Small Increase, Coronavirus + Soaring Costs, Supply Disruptions Threaten Further Gains

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Total construction spending ticked up from June to July, as gains in residential and public construction offset a dip in private nonresidential projects, according to a new analysis of federal construction spending data the Associated General Contractors of America recently released. Officials noted, however, that challenges remain for the industry, particularly because of continuing problems with coronavirus flare-ups and supply-chain disruptions. “Although nonresidential construction is no longer in free fall, many categories face continuing challenges,” said Ken Simonson, the association’s chief economist. “The rapid spread of the delta variant of COVID-19 is causing a pullback in re-openings and travel that … Read more

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Construction Employment Trails Pre-COVID Levels in 91 Metro Areas, Says AGC

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Construction employment declined in 91 metro areas and was stagnant in another 24 between February 2020, the last month before the pandemic, and May 2021, according to an analysis by the Associated General Contractors of America of government employment data. They said the high number of metro areas losing construction jobs during that time frame reflected the impacts of early pandemic shutdowns and more recent challenges procuring construction materials and finding qualified workers to hire.   “The devastating job losses of early 2020 and more recent materials and labor challenges since then have kept industry employment stagnant or lower this … Read more

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Analysis Reports Construction Employment Slips by 20K in May, Supply-Chain Problems Plague Nonresidential Contractors

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Construction employment declined for the third time in the past four months in May as nonresidential contractors coped with lengthening and unpredictable delivery times that limited their ability to start or complete projects, according to an analysis by the Associated General Contractors of America of government data. Association officials added that many contractors report they are having a hard time finding qualified workers to hire as some people remain reluctant to return to work while their children are learning from home, or they are collecting elevated unemployment supplements. “Steadily worsening production and delivery delays have exceeded even the record cost … Read more

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Nonresidential Construction Spending in April Declines for 5th Straight Month, Reports AGC

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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. Officials with the association urged the President and Congress to boost infrastructure investments, remove tariffs on key materials and take steps to address production and deliver backups for key construction supplies. “Both public and private nonresidential spending overall continued to shrink … Read more

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