Over 50% of Contractors Cite Labor Shortage, Overhead Costs, and Supply Chain Constraints as Biggest Ongoing Challenges ServiceTitan, a leading software platform built to power the trades, today released its second annual Commercial Service Report, highlighting current trends and market sentiment for the commercial industry in 2024. The report surveyed over 1,000 commercial contractors across Read more
Survey
As Lowe’s PROvember returns, PROvember Playbook helps Pros ease burden of inflation with long-term savings, intel from industry experts and new survey findings Lowe’s will host a free Pro Happy Hour on Nov. 17 from 2 to 5 p.m. at all stores nationwide, where Pros can join in for free PEPSI drinks and FRITO-LAY snacks and more. MVPs Pro Rewards members can Read more
Growth bolstered by an increase in price points despite material shortages and higher labor costs The National Kitchen & Bath Association (NKBA) – the world’s leading non-profit trade association for the kitchen and bath industry providing tools, research, certification, and events to thousands of professionals – has released its Kitchen & Bath Market Index (KBMI) for Q1 Read more
Healthy growth in building construction offsets infrastructure weakness Total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion, according to Dodge Construction Network. Nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts fell 4%. Year-to-date, total construction was 6% higher in the first four Read more