Information and updates on the construction industry. Legal developments in the construction lien law are provided here, with helpful information on when to file a mechanics lien or prelien notice. This forum is meant to help the construction industry, or anyone who provides improvements to real estate.
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subject to change without notice. For more information about how
When the Bureau of Labor and Statistics
released its forecast data for 2012 and 2013, it showed growth in both
years. With a baseline forecast predicting growth of at least 1.6% in
2012 and 2.4% in 2013, the construction industry seems to be on the
mend, barring a recession.
a company for growth may be something that is finally on the minds of
contractors across the country.
For those that
are looking to make sure that they receive payment for new or existing
work, LienItNow can provide the notices to owner that are so necessary
to preserve lien rights. For information on what needs to be done in
your State, visit ourFAQ
Construction Industry's Size
interesting statistics for you to chew on: there are over 884,000
construction companies in the United States.
companies, there are obviously many segments, including plumbers,
electricians, drywall contractors, suppliers, heavy and civil
engineering contractors, specialty trade contractors, and many, many
you know how many companies exist in a certain segment, you can start
to narrow in on the opportunities to find a potential job, or a
Here are some
quick numbers on the size of certain segments of the construction
Building Construction Contractors
and Civil Engineering Construction or Highway Contractors
Specialty Trade Contractors
*68% of all
Construction Industry Companies employ fewer than 5 workers.