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All posts by Jonathan Jones

Jonathan Jones is a senior writer for Construction Coverage. He studied Law at School, Los Angeles and has a degree in Philosophy from the University of California, Los Angeles. Growing up Jon spent many weekends working with his sister and father restoring classic cars in his fathers shop and working on small improvement projects at home. He is an avid sports fan and law-nerd who spends much of his free time researching construction, business, and AI law and watching/researching sports.

Oil refinery
Alamy Stock Photo

Cities Hit Hardest by the Drop in Oil Prices

The COVID-19 pandemic has sent the world economy into turmoil as lockdowns around the world have caused economic activity to grind to a halt. The demand for oil has crashed in the wake of the growing pandemic, sending oil prices diving and even dipping below $0 per barrel. According to the most recent data from ...

Residential construction
Alamy Stock Photo

Cities With the Sharpest Drop in Construction Activity Amid COVID-19

When the coronavirus pandemic upended the U.S. economy, many states halted or limited construction work. While real estate development is beginning to resume, recently released data from the U.S. Census Bureau showed an unprecedented drop in residential building permits comparing April of this year to April of 2019. Nationally, there was a 20 percent decline ...

Small business storefront
Alamy Stock Photo

American Cities With the Most Small Businesses

Small businesses across the United States face dire circumstances following the COVID-19 outbreak. While each individual small business might seem inconsequential to the broader economy, in aggregate, these firms are critical to the country’s financial well-being. According to the most recent data from the U.S. Census Bureau, small businesses with fewer than 50 employees make ...

Hospital Emergency Room
Alamy Stock Photo

The Best Workers’ Compensation Insurance Companies for 2020

Workers’ compensation insurance (also known as workers’ comp or workman’s comp insurance) is coverage that compensates employees of an insured company when they are injured during work. This guide will cover the basics of workers’ compensation insurance, including how it works, what it covers, costs, and requirements. This guide will help companies analyze the top ...

Terminix vs. Orkin

Comparing Orkin vs. Terminix: An In-Depth Review

Whether you are dealing with a current termite infestation or are simply looking to take preventative measures, finding a reliable termite control company to work with (like Terminix or Orkin) is critical. The EPA estimates that termites cause billions of dollars in property damage every year. Additionally, most homeowners insurance policies don’t cover termite damage, ...

Commercial auto mobiles
Alamy Stock Photo

Best Commercial Auto Insurance Companies for 2020

If you frequently use your personal vehicle for business, or your business owns a commercial vehicle, there is a good chance you should have commercial auto insurance. Because personal car insurance will not cover vehicles used for business, people across all industries—from construction to pizza delivery—make use of commercial auto insurance to protect themselves, their ...

home remodel

The Best Home Equity Line of Credit Lenders & Rates

Home equity lines of credit (HELOCs) are a great way for homeowners to use the equity they’ve built in their home to fund home construction projects, finance major purchases, or consolidate debt. If you want to borrow money against your home, choosing the right lender is essential. Getting a line of credit from a reputable lender ...

manufactured home
Photo Credit: Sue Smith / Alamy Stock Photo

A New Home for $70k? The American Dream Gets a Remodel

Owning a home has long been considered an essential part of achieving the American dream. But with skyrocketing housing costs and stiffer borrowing requirements following the Great Recession, many have struggled to make that dream their own reality. In the midst of America’s ever-present housing crisis, a once-familiar, low-cost alternative to traditional site-built homes has ...

R

RFI – Request for Information

What is an RFI? In construction, RFI is an abbreviation for Request for Information. It refers to a solicitation of details or additional information about an aspect of the project that needs clarification. RFIs may be sent to, or from, anyone involved in the construction project, including the owner, construction manager, general contractor, architect, designer, ...

Construction Workers on a Job
Photo Credit: Maskot / Alamy Stock Photo

The Best Paying Cities for Construction Workers

The construction industry is one of the largest in the United States and, according to the Census Bureau, is currently responsible for more than $1.3 trillion in annual spending. That number is up from a modern low of $788 billion in 2011 following the Great Recession. Since then, nearly a decade of broad economic growth ...

Construction spending public vs. private

Construction Spending in the United States

Total Construction Spending The construction industry is one of the largest industries in the United States, responsible for more that $1 trillion in annual spending. Since 2011, total construction spending has grown by 7.9 percent annually and is expected to maintain a similar compounded annual growth rate to reach $1.78 trillion by 2022. For context, ...