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Improving the Budget Process for Your Business
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Carolinas Construction Connection

12/26/2024
Editor's Pick
 
Budgeting may be considered a great equalizer among businesses of all types: at the end of the fiscal year, we all measure and analyze the previous year, as well as plan accurately for the next year with goals aligned to a strategic plan. However, the process leaves many businesses frustrated as they struggle with what may seem to be an overwhelming task, full of complicated processes while working through any identified inefficiencies. For many organizations, it may be beneficial to take a step back and analyze your budget process, which can help you understand where problems occur.
 
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Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall "wait-and-see" approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.

 
People make the construction industry what it is today. That’s why we are seeking your input for the 2nd Annual GroundBreaker Awards. The GroundBreak Carolinas’ team is interested in identifying and featuring those individuals who are influencing construction and having a significant impact on the industry.
Nomination  
Changes to a construction project's scope of work was identified as the most frequent contributor to disagreements between owners and contractors according to a report by HKA, a leading construction claims and dispute resolution firm. The company recently released: 2019 CRUX Insight, A Global Market Sector Analysis into claims and dispute causation factors.
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Construction input prices decreased 0.5% in November and are down 1.1% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.4% for the month and are down 1.0% since November 2018
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Join ABC Carolinas Upstate Council for an economic update by Doug Webster - CBRE. This informative event will be held on Thursday, January 9, 2020 from 1:30 - 1:00 pm at Peak Safety Performance Training Center, 400 Birnie Street, Greenville, SC. Cost is $30 for Members and $35 for Non-Members.
Register
 
 
The 2020 ULI Carolinas Meeting February 12-13 is in Charlotte, NC. The seventh annual event is expected to draw more than 750 attendees from across the region and will again feature mobile workshops, keynote sessions, panels and incredible networking opportunities.  It is the only event that brings together EVERY sector of the real estate industry in one place. By attending, you build relationships with developers, investors, architects, planners, brokers, academics, attorneys, decision makers, and government—and get the cutting-edge information you need to build your business. ULI Charlotte, ULI South Carolina and ULI Triangle collaborate to bring one of the largest ULI regional meetings with top speakers and leaders in the industry.
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GroundBreak Carolinas LLC
10 Gilder Point Ct
Simpsonville, SC 29681
United States



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