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The latest analysis of U.S. Bureau of Labor Statistics Producer Price Index data for April from the Associated Builders and Contractors (ABC) shows a 0.5% increase in construction input prices. For the month, nonresidential construction input prices increased by 0.6%. Overall and nonresidential... View full entry
David Chipperfield Architects has just broken ground on a new corporate headquarters project for a South Korean IT company in Seoul. Construction for the new K-Project will advance toward a late 2027 completion and culminate in a new highly adaptable design that doubles as a piece of “social... View full entry
Project abandonments remain on an upswing across the country, according to an analysis of construction project data in the latest ConstructConnect Project Stress Index for the week ending April 27th. Over the past month, Delayed Bid, On Hold, and Abandoned activity have increased by 4%, 7%... View full entry
The latest Dodge Momentum Index (DMI) has shown an increase of 6.1% for April to a new score of 173.9. For the month, commercial planning improved by 12.6%, while institutional planning dropped by 6.3%. Year-over-year, the DMI is now 1% lower than it was in April of 2023. Planning in the... View full entry
New York City construction worker fatalities have declined to record lows, according to a new report released by the NYC Department of Buildings. Construction-related deaths are now at their lowest point in the past decade despite an increase in injuries at job sites for the third consecutive... View full entry
Ten major companies in the construction equipment industry have formed a coalition to promote sustainability in the sector. The France-based organization, named the Community of Sustainable Equipment Players (CAMD), includes Bouygues Construction, Colas, Eiffage, Haulotte, JCB, Kiloutou, Manitou... View full entry
An analysis of U.S. Census Bureau data from the Associated Builders and Contractors (ABC) has shown nonresidential construction spending to have increased moderately by 0.2% in March. It follows February's decline of 1.0%. On a seasonally adjusted annualized basis, nonresidential spending now... View full entry
LAX's new Midfield Satellite Concourse South (or MSC South) recently topped out as the project's construction progresses in nine segments toward its 2025 completion date. The offsite construction will eventually yield eight new gates and a total of 150,000 square feet of space following a... View full entry
New updates have been shared recently by the Los Angeles Angeles County Museum of Art (LACMA), charting progress on the $750 million new David Geffen Galleries from Peter Zumthor that is expected to finish construction by the end of this year. According to the museum's most recent April 5th... View full entry
Rider Levett Bucknall’s (RLB) latest crane count index report, a key indicator of economic activity in major sectors, has shown a marked decrease in the overall count from its previous edition. Calgary, Las Vegas, and Los Angeles have seen an increase in crane counts, with the majority (73%)... View full entry
A new analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 0.4% for March. In the month, nonresidential construction input prices increased by... View full entry
Bloomberg is reporting on a tip they received recently about NEOM’s The Line centerpiece as it advances on the first phase of construction in Saudi Arabia’s northwest highlands.Last week, the outlet published details citing an anonymous source who said The Line segment is now expected to... View full entry
The latest Dodge Momentum Index (DMI) information for March has shown a continued decrease in economic activity, dropping 8.6% to a new score of 164.0 from February's revised total of 179.5. Over the month, commercial planning fell 3.2%, while institutional planning dropped 17.2%. The decline in... View full entry
The multi-year expansion of the Crystal Bridges Museum of American Art is moving forward with an anticipated completion in 2025. Safdie Architects has shared photos of its construction progress via an Instagram post published Wednesday, April 3rd, from the site in Bentonville, Arkansas. The... View full entry
Spending on nonresidential construction declined 1.0% in February to a seasonally adjusted total of $1.179 trillion, according to an Associated Builders and Contractors (ABC) analysis of data published this week by the U.S. Census Bureau. The figures showed a decrease in spending for 15 of... View full entry