How the right banking services can help construction companies thrive

Recent reports show good news in the construction industry – spending is up across most nonresidential categories, even in the face of recession fears.

“Manufacturing-related construction spending growth continues to lead the way, but even segments that had been weak (such as lodging) are picking up steam,” ABC’s chief economist, Anirban Basu, said in a recent announcement.

Navigating some common challenges facing the construction industry

But with this ongoing growth come challenges.…