How Labor Shortages & Market Volatility are Impacting Subcontractors

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Billd has released the second annual National Subcontractor Market Report. Last year’s report honed in on the financial reality of subcontractors. Despite having just emerged from a pandemic, last year’s market conditions were perceptibly calmer. This year told a different story. A volatile market threw construction businesses for a loop. Labor shortages became a reality in the industry. Conducted in February, the report investigates how the market changed, the impact of these changes on subcontractors and the attitude they’ve adopted in dealing with them. 767 construction professionals in a variety of trades took the survey from which Billd built this … Read more

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Merger and Acquisition Activity Continues into Early 2022

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Capstone Partners released its April construction services sector update, reporting that surging demand has manifested in heightened construction spending through early 2022, despite elevated input costs and supply chain disruptions. Input cost inflation and production constraints have challenged the sector since the onset of the pandemic, with contractors and professional services providers keenly monitoring profitability and optimizing efficiencies. Public companies in the sector have largely been successful in maintaining margin strength. Merger and acquisition activity in the construction services sector has continued its torrid pace, with 128 transactions announced or completed—surpassing the year-to-date total in 2021 which saw a blistering … Read more

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MCA Releases 2021 Annual Report

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The Metal Construction Association has released its 2021 annual report. The report includes chapters detailing the demand for metal construction, best practices and industry standards, and the work of the association’s alliances, committees and councils.  All are working to strengthen the awareness, use and safety standards of the metal construction industry. MCA’s vast range of programs, resources and services are detailed in the report. The report is available at metalconstruction.org/2021-annual-report.

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