Tag: Growth
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Construction planning snaps growth streak
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Nonresidential construction planning activity fell in March, reversing recent gains made to start the year, according to Dodge Construction Network. The Dodge Momentum Index, a benchmark that tracks nonresidential construction planning, tumbled 6.9% in March, as the…
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Eye On Rental: Equipment and Tool Rental Industry 2025 – Strength and Growth
In my opinion, the American equipment rental industry is strong and is on the brink of phenomenal growth. I believe the combination of relatively low inflation, increased infrastructure and construction spending and a more business-friendly administration all point to considerable potential for rental companies. Technology and social media continue to have a dramatic effect on…
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Revenue growth top priority for commercial landscaping contractors in 2025
Aspire Software, a ServiceTitan company and leading software provider for field service businesses, released its first annual 2025 Landscape Industry Report highlighting current trends, market sentiment, and strategies to accelerate business growth. The report surveyed over 1,000 commercial landscaping professionals nationwide and found that despite staffing and supply chain challenges, contractors expect stability and are cautiously optimistic through year-end…
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Slow apprenticeship levels may threaten Labour’s growth agenda
Addressing a lack of awareness about construction career opportunities could mitigate the skills deficit, writes Barrett Harris. Labour shortages within the construction industry have been a recurring theme in recent years. For the third consecutive quarter, a Turner & Townsend contractor survey has identified skilled labour shortages as the primary challenge impacting the delivery of…
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Fed holds main rate steady, forecasts higher inflation, slower growth
Dive Brief: The Federal Reserve on Wednesday kept the main interest rate at a range between 4.25% and 4.5% while forecasting higher inflation and slower growth for 2025. In a median forecast, Fed officials estimated that their preferred measure of inflation — the core personal consumption expenditures price index less volatile food and energy prices…
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Architects, Engineers See Growth Amid Risks and Rising Costs
As the U.S. construction industry continues to benefit from steady economic growth, most insurers providing architects and engineers (A/E) professional liability insurance are concerned about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI). To…
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New Advisory Board to Drive Growth in Canadian Lighting Market
Canada Light Expo, the only trade exhibition for the lighting industry in Canada, is set to return to the International Centre in Toronto, Canada, from 12-13 November 2025. Following the success of its inaugural edition, this year’s expo will highlight leading manufacturers in the architectural and specification market with a special focus highlighting Canadian-based companies…
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WarmlyYours Sees 2024 Growth Driven by Commercial Sales
In 2024, the radiant heating industry encountered several challenges due to ongoing fluctuations in home improvement spending and the continued slowdown in home sales activity. Despite these obstacles, we experienced notable growth throughout the year, particularly in the final quarter. Our Commercial customer segment showed the most significant expansion, with 2024 seeing a 52.9% increase—the…
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Bridging Tradition and Innovation for Sustainable Growth
The key to sustainable growth lies in the delicate balance between tradition and innovation. While tradition provides a strong foundation of values, knowledge, and expertise, innovation propels industries forward, ensuring adaptability and resilience. Businesses, governments, and individuals must learn how to integrate these two forces effectively to create a future that is both sustainable and…