BIRMINGHAM, Ala. (May 3, 2023) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Deltek.
The live, online event, “Get Paid Faster With Cash Flow Management,” will take place May 25, 2023, at 1 p.m. CDT and will highlight different billing methods and best practices for collecting receivables to ensure timely payments.
HAMILTON, N.J. (April 20, 2023) — Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential starts rose 33%, nonbuilding starts increased 17%, and residential starts moved 5% higher.
ANAHEIM, Calif — Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor. This tractor will utilize Hexagon Purus’ proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and the vehicle-level software and is developed to operate on Hino’s XL 4x2 tractor cab chassis.
WASHINGTON (April 11, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.
View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for March. View the historic Construction Backlog Indicator and Construction Confidence Index data series.
