Granite Construction Struggles in Q1 due to Extreme Winter Storms
What Happened: Granite Construction revealed Q1 losses of $23 million on revenues of $560 million. The company attributed its financial ...
Tag: Economy
Bankruptcy of Commercial Banks Affecting Construction Loans
The real estate industry was recently hit with a crisis as Silicon Valley Bank, Signature Bank, and First Republic Bank ...
Jacobs’ Profits Double Thanks to IIJA and Water Projects
Summary: Jacobs earned $216.5 million in Q2-2023, up 144% from last year. Revenue for the quarter increased by 7% to ...