Economy Archives - Page 2 of 4

25 Jun Tariffs Effect On The Construction Industry

Posted at 23:29h in Budgeting, Communication, Construction, Development Solutions, DRB, DRB Consulting, DRB Development Solutions, Economy, Estimating, Labor, News, Project Management, Tariffs, Uncategorized

In March, the US Government announced their intention to level new tariffs on steel and aluminum imports. Tariffs on steel were to be 25% and aluminum was to be 10%. The United States Department of Commerce indicates that the U.S. is the world’s largest importer...

13 Feb A Mandatory Tool for your Business Tool Kit

Posted at 13:05h in 2018 Economic Forecast, Budgeting, Construction, DRB, DRB Consulting, Economy, News

Over the last 10 years, we have found the track record of Alan Beaulieu, a national economist with the Institute for Trend Research (ITR) to be incredibly accurate (94.7%). For 25 years, he has provided insight to thousands of business owners and executives. His January...

17 Jan A look at the New Tax Bill’s effect on the Construction Industry

Posted at 16:35h in Construction, DRB, DRB Consulting, Economy, New Tax Bill, News

The new tax bill will have both positive and negative effects on the Construction industry. The obvious is the reduction of the corporate tax rate from 35% to 21%. The AIA claims to have influenced the negotiations around the bill to have Architects and Engineers...

21 Nov 5 Big Hotel Trends Affecting The Industry Today – Bisnow

Posted at 13:42h in DRB, Economy, News

Click Here to Print Article From the customer experience and how to balance dual brands to whose driving hotel supply and the fate of the front desk, here are five (5) hotel trends in the industry we learned at Bisnow's Atlanta Hotel Development Forum this week. 1....

09 Aug Lack of Capacity is Driving up Cost

Posted at 12:52h in Budgeting, Construction, DRB, Economy

The Federal Government inflation information clearly does not match current Construction industry pricing where everything is rising. Engineering News Record reported that the year over year growth in prices is 3.4% - significantly higher than the Federal Government inflation rate of 1% (the government continually...

31 May Because They Can

Posted at 19:38h in Budgeting, DRB, Economy, Labor, Staffing

Over the last 40 years, I have found construction cycles to be fairly consistent and a good method for forecasting the construction business trends. Coupled with leading indicators, they often will provide a clear vision of the future before it arrives. Prices Rising Recent increases in material...

07 Mar Leading Indicator – Predicting or Confusing?

Posted at 17:48h in Budgeting, DRB, Economy, Global Construction Projects, International Business

The stock market’s wild ride has provided many to pause and consider what the future will hold. In the past, the stock market has been a “leading indicator” for development and construction. This indicator has often confirmed or predicted the economic trend six (6) months...

28 Oct Connecting The Dots

Posted at 11:35h in DRB, Economy

In October, I attended two industry conferences. The first being the hotel industry Lodging Conference and the second was the software development LiveRez Conference for the vacation rental industry. At the Lodging Conference, there were several presentations by hotel experts highlighting industry economic trends. At...

27 Jul Physics – What Goes Up, Must Come Down

Posted at 16:58h in Budgeting, Construction, DRB, Economy, Global Construction Projects, International Business

Leading indicators provide insight to future economic events; Three events occurred during July 2015 that offer insight to the future economic challenges we face. The impact is not immediate; however, these events will affect the US construction market in the next two years. The first indicator is that...

29 May Overcoming Cultural Differences in International Hotel Development – Featured by Hotel Executive

Posted at 13:38h in DRB, Economy, Global Construction Projects, HotelExecutive.com, International Business, News, Project Management

Mr. Boyken was asked by Hotel Executive to be a guest writer for their online news edition. Because of Mr. Boyken's extensive knowledge of the construction economy, Hotel Executive asked him to write about his responsibilities as CEO and how he grew his program management firm to one...