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3q Cost Report Economics

Subcontractors drive bids higher

Steel prices caught in a squeeze—too much supply and not enough demand, despite recovery
Tim Grogan
Tim Grogan
October 5, 2016
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Despite several years of recovery, construction inflation is still feeling the impact of the recession that reduced the number of subcontractors and, in turn, still is pushing up bids.


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Vogtle
Top 400 Sourcebook

Natural-Gas-Fired Plants Still Dominate

New technologies and low prices fuel steady stream of work
Powersheadshot.jpg
Mary B. Powers
September 29, 2016
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As the U.S. power industry evolves toward cleaner energy sources, the construction industry is following the trend by diversifying into new markets and, in some cases, getting out of traditional ones.
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Smith Mountain Lake Water Treatment Facility
Top 400 Sourcebook

More Cash Flow Spurs Delayed Projects

Firms optimistic the market will continue upward trend
Jeff Gunderson
September 29, 2016
No Comments
Across the U.S., experts are seeing a rising influx of work in the water, wastewater and stormwater markets, as many projects that were previously postponed due to a lack of funding are now moving forward.
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Flatiron
Top 400 Sourcebook

Infusion of Funds Brings Some Stability to Sector

Passage of $305-billion transportation bill kick-starts projects
Jim_Parsons
Jim Parsons
September 29, 2016
No Comments
Though it may be another year before the full effects of the Fixing America’s Surface Transportation (FAST) Act are felt nationwide, the $305-billion funding measure enacted in December 2015 already has provided many of the sector’s contractors with something they have not experienced in quite a while: a sense of stability.
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