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Five Tax and Financial Impacts for Construction & Real Estate Industry Leaders to Consider February 5, 2018 by Sarah Zimmerman
Five Tax and Financial Impacts for Construction & Real Estate Industry Leaders to Consider
From the initial analysis done on the 2017 tax reform bill, the construction and real estate industries appear to significantly benefit from the new legislation. Several provisions will need to be closely examined, from the reduction in the corporate rate to pass-through entity tax relief. We recently sat down with firm partner Sarah Zimmerman to get her take on the new legislation.
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What’s it Cost? October 7, 2017 by BerganKDV Team
What’s it Cost?
While the conversation surrounding inflation has shifted to signs of lower inflation in general – or disinflation – pricing for construction in recent has accelerated rather than slowed. As the Bureau of Labor Statistics (BLS) report on July inflation showed, inflation in the construction industry has decoupled from that of the general economy. This increasing […]
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National Outlook October 7, 2017 by BerganKDV Team
National Outlook
As summer winds down, two events may hold the key to how smoothly the U.S. economy performs into 2018. The impact of the devastating Hurricane Harvey, which hit Houston starting August 25, will last years and is going to be difficult to judge for months. Both the cleanup and reconstruction will require enormous resources. The […]
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Financial Perspective October 7, 2017 by BerganKDV Team
Financial Perspective
By Chris Baker, AIA, PE, BEMP, BEAP, LEED AP BD+C For more than two decades, energy modeling, often as part of new construction energy design assistance programs offered by utilities around the country, has been used to assist architects and engineers during design. Recently, a team at The Weidt Group analyzed the design models of […]
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PropTech – Is 2017 the Year Things Change for the Property Industry? September 19, 2017 by BerganKDV Team
PropTech – Is 2017 the Year Things Change for the Property Industry?
By Ian Shapiro Technology has been a disruptive force in most industries and sectors over recent years. But in the real estate and construction (REC) sector, widespread adoption of new technologies has lagged somewhat. Indeed, the adoption of technology in property – or ‘PropTech’ – has fallen a little short of its anticipated take-up. For […]
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Report on Spring Construction Costs June 26, 2017 by BerganKDV Team
Report on Spring Construction Costs
The April 13 report from the Bureau of Labor Statistics (BLS) on inflation in March drew headlines for its surprising decline in the Consumer Price Index (CPI), which declined 0.3 percent instead of the expected slight rise. That same surprise did not materialize for the Producer Price Index (PPI), nor for the PPI specific to […]
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National Outlook – January 2017 January 30, 2017 by BerganKDV Team
National Outlook – January 2017
Data on the full year of construction will not be available until February but it’s apparent from what we know of the first 11 months that some trends have slowed or reversed in 2016 and among economists, there are the first signs of recession on the horizon for 2018. The trend that seems to have […]
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What’s It Cost – January 2017 January 30, 2017 by BerganKDV Team
What’s It Cost – January 2017
Five years of steady expansion for the construction industry have yielded a labor market and supply and demand for building products that are pushing inflation higher. That’s the conclusion that can be drawn by the recent months’ readings on producer prices and completed costs of construction. The Bureau of Labor Statistics (BLS) reported on December […]
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National Outlook December 27, 2016 by BerganKDV Team
National Outlook
Economic data from August and September painted a picture of a U.S. economy that remains stuck in a slow-growth cycle, but which is strong relative to its primary global partners. Job creation remains solid given the duration of the business cycle; and related data on wage growth and household incomes suggest that U.S. consumers have […]
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What’s It Cost December 27, 2016 by BerganKDV Team
What’s It Cost
Data on prices has begun to show some consistent lift as the third quarter ended. Demand for construction nationally is pinching labor supply and is giving manufacturers the confidence to test the market with price increases. Consumer prices are nudging above the one percent level and wages are consistently up 2.5 percent or more year-over-year. […]
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