NAHB Housing Market Index Matches All-Time Record High for Builder Confidence
The NAHB/Wells Fargo Housing Market Index rose by six points to 78 in August. This marks the second time in the survey’s 35-year history that the index has reached this level, matching the all-time builder confidence record set in December 1998.
The NAHB/Wells Fargo HMI gauges builders’ perceptions of current single-family home sales, sales expectations for the next six months, and traffic of prospective buyers.READ MORE
How and Why Construction Firms are Focusing on the Cannabis Industry
Eleven states have legalized the recreational use of cannabis and thirty-three states have legalized the medical use of cannabis. And that’s not to mention the explosion of CBD and hemp manufacturers and retailers that are springing up all over the country, thanks to the 2018 Farm Bill.The demand for new facilities to promote the growth and sale of cannabis is quickly spreading across the U.S.Below we’ll cover how and why construction firms are focusing on the cannabis industry.READ MORE
Why banks are putting PPP forgiveness on the back burner The Paycheck Protection Program's forgiveness portal has debuted, leaving bankers and their borrowers with a big decision.Those who participated in the $659 billion program must determine if they are ready right now to navigate the complex system for having loans forgiven, or if it
makes sense to wait and see if Congress intervenes and simplifies the process. READ MORE
5 red flags that a job might not be worth the risk Most contractors are resilient, riding the ups and downs of the economy and doing whatever it takes to survive. This sometimes includes taking on low-margin or even no-margin projects just to keep the cash flowing and their employees working. READ MORE
Why construction documentation matters more than ever during COVID-19 At more than $1 trillion in annual spending, the construction industry accounts for a significant portion of national GDP and is a major driver of the U.S. economy. The COVID-19 pandemic has sparked incredibly complex challenges, from nervous lenders to on-site safety measures to liability.READ MORE
Since 1967, The Birmingham Group has been considered one of the nations most respected Construction Executive Search and Consulting Firms. Our team of experienced search consultants can strategically work with your organization, from the hire of a key project manager, the planning and execution of building an entire team to create a new business unit, to the placement of your next
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