Tag: Navigate
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Cost Guide to Navigate Tariff Impacts on Home Renovations
The aspiration for a beautifully renovated home, whether a brownstone in Brooklyn or a bungalow in Los Angeles, can feel somewhat constrained by rising costs. A significant factor influencing these expenses in major US cities today is the ongoing impact of tariffs on imported building materials. From structural steel used in high-rise renovations to the…
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Four ways construction can navigate Trump’s tariffs
Uncertainty is usually a cause for concern in construction. However, it is nothing new to the UK market. Recent years have seen Brexit, covid, war in Ukraine and more. The effects of the tariffs are likely to be another in a long line of challenges affecting the supply chain. The industry has proven itself to…
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How to Navigate the Challenges of Cost and Client Loyalty
Over the past five years, small and midsize construction businesses have been hit hard by supply chain disruptions, inflation, and geopolitical pressures that have driven up material costs and intensified labor shortages. While some market conditions have stabilized since the initial upheaval, many contractors still face persistent challenges, affecting their cash flow and bottom line. …
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Strategies to Navigate Construction Labor Market Challenges
As someone who’s spent over two decades studying workforce dynamics, I’ve never seen a more complex talent landscape than what we’re facing in construction today. With open jobs plummeting 40% year-over-year, you might think we’re simply dealing with another cyclical downturn. But this isn’t your typical market correction — it’s a wake-up call for an…