New Construction Compensation Study Gives Insights on Pay, Benefits, and Trends
Record-Breaking Number of Participants A record-breaking 68 companies participated in the new 2020 Construction Industry Compensation Benchmark Study, providing insight into compensation, benefits, and overall trends for both general and specialty contractors. General and Specialty Contractors and a Balance of Contract Sizes The study, sponsored by Barnes Dennig, North Side
Envisioning a Reimagined Future: The Post COVID-19 Recovery Outlook
How will the construction industry recover in a post-pandemic world? On May 19, 2020, FMI Principal and Managing Director of Research & Analytics Jay Bowman at FMI, presented a webinar on the topic, providing key insights for construction leaders. We’ve summarized them here. Changes Aren’t Permanent, but Change Itself
Ohio Valley ABC Ask the Experts: CARES Act, PPP Forgiveness for Contractors
In May, Ohio Valley Associated Builders and Contractors (ABC) and Barnes Dennig partnered on an Ask the Experts panel discussion on PPP loans and other aspects of the CARES Act and the FFCRA. This summary outlines the questions and answers from that session. The on-demand recording is also available for
FMI on the Path to Transformation at the Top of the Cycle
In February of 2020, before the coronavirus (COVID-19) pandemic began to affect daily life in the United States, Barnes Dennig, Frost Brown Todd, North Side Bank & Trust and USI Insurance was fortunate to host Jay Bowman, Principal at FMI, to discuss what contractors can do to
Construction Contractor Confidence and Backlogs Strong
According to Associated Builders and Contractors (“ABC”), industry leaders are expecting increases per the Construction Confidence Index (“CCI”) in the following areas of their businesses: Sales Profit Margins Staffing levels The CCI is a diffusion index where readings over 50 indicate growth, and readings under 50 are unfavorable. Visit the
Prepare Your Construction Business for an Economic Slowdown
The upcoming winter season may not be the only reason you’re seeing a decline in new construction projects. Economists are predicting a nation-wide economic downturn in the new year. Just last month, Federal Reserve Chairman Jerome Powell announced the Fed was dropping U.S. borrowing rates by another quarter of a