According to the Construction Industry Round Table (“CIRT”), the CIRT Sentiment Index seeks to provide timely, authoritative, and forward-looking insights into the complex design and construction markets as well as a view on the direction of the overall U.S. economy. In addition, each quarter includes topical issues of importance to
The decision to sell a business can be a difficult one, and rarely do business owners know when exactly the right time to sell is. As private equity buyouts have surged in recent years, especially in the wholesale distribution industry, it has become increasingly important to always have your business
Labor productivity has increased across all industries by 2.8% in the last two decades while the construction industry has only increased by 1% during the same time according to Reinventing Construction: A route to higher productivity, a McKinsey Global Institute (MGI) report. Experts believe that digitization could be
Construction Executive Magazine’s hot-off-the-press list of Top 50 Construction Accounting Firms™ for 2021 names Barnes Dennig to its exclusive list, reinforcing the firm’s strength in accounting and business consulting for the construction industry. “It’s a tremendous honor to be a part of this prestigious list for the second
A recent FMI/CFMA Ownership Transfer and Management Succession Industry Survey revealed that many contractors were in the process of transferring ownership prior to the start of the pandemic. As the pandemic subsides and normalcy resumes, companies are looking for ways to jumpstart those transition plans that have gone dormant over
Many economists and industry leaders believe that even a moderate infrastructure investment would significantly help the construction industry in the wake of the COVID-19 pandemic. While some sectors of the industry will likely see more growth than others, the American Jobs Plan proposed by President Biden would spend $1.2 trillion