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Business & Markets

Industry suppliers, designers, and builders are also business people; this section has guidance on how to operate a small construction business and the people who are successful at it.

Highlights
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Construction Equipment Price Trends for March 2021
Apr 22, 2021
Both FMV and FLV were down in February 2021 compared to February 2019. FMV was only down slightly year-over-year (down 1.2%) and month-over-month (down 0.9%). FLV was also down slightly month-over-month (down 0.8%) but was up slightly (0.4%)...
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How the Spearin Doctrine Applies to Subcontractors
Apr 20, 2021
Understanding the nuances of the Spearin Doctrine is important for all construction contractors. In essence it states that a contractor who performs according to detailed plans and specifications is not responsible for defects in the result.
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The Streetlight Effect
Apr 09, 2021
When there are problems with your business, searching for solutions in the obvious places seldom results in real and lasting...
36% of US Bridges are Needy: ARTBA
Apr 02, 2021
More than 220,000 U.S. bridges need major repair work or should be replaced, according to a new report by American Road &...
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ACI Foundation Raises $1.3 Million
Apr 01, 2021
The ACI Foundation promotes progress, innovation, and collaboration in the concrete industry through strategic investments in research, scholarships, and ideas.
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ASCE Report Card Marks Nation’s Progress
Mar 22, 2021
Of the 16 infrastructure categories in the American Society of Civil Engineer's 2021 report card, five sectors — aviation, drinking water, energy, inland waterways, and ports — improved. Ten categories remained unchanged, while one — bridges —...
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