Last year was one of the deadliest on record for construction workers since 2011. The findings produced by the Bureau of Labor Statistics indicated that the rate of deaths in 2023 was still unchanged from the previous year’s survey. The fatality rate (9.6 per 100,000) has... View full entry

The Project Stress Index (PSI) composite closed November 2024 at 119.8, rising 14.7% from a revised October reading of 104.5. Sharp increases in on-hold (29.4%) and abandonment (31.9%) activity drove the month-over-month increase. The month's reading is a new high for the PSI following its August... View full entry

Starts of new multifamily apartment buildings in 2024 have fallen dramatically to 2013 levels, according to an analysis of data taken from HUD and the U.S. Census Bureau from the Texas-based Madera Residential. Nationwide, there were a total of 804,000 units under construction by the end of... View full entry

The new Dodge Momentum Index (DMI) for the month of November decreased by 2.3% to a new score of 191.5 from the revised October reading of 196.0. Over the month, commercial planning was down 4.6% while institutional planning improved by 2.5%.   The November DMI is 12% higher than... View full entry

Nationwide nonresidential construction spending decreased by 0.4% in the month of October, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $... View full entry

As the Northern Hemisphere approaches the winter season, construction activity on our southernmost continent has kicked into overdrive: More favorable summer temps have opened up a brief six-month window at the British Antarctic Survey's Rothera research station and operations hub, allowing for... View full entry

The new ConstructionConnect Project Stress Index (PSI) composite reading for October has shown a mild improvement to 104.2, rising 0.8% for the month after a revised September reading of 103.4. Compared to the same month one year ago, the composite is down 11.6%. This is the fourth consecutive... View full entry

The new Dodge Momentum Index (DMI) for the month of October has shown a decrease of 5.3% to a new score of 197.2. This is down from September’s revised reading of 208.2. Over the month, commercial planning fell 6.7%, and institutional planning declined 2.0%.   The declines were... View full entry

Nationwide nonresidential construction spending increased by 0.1% in the month of September, according to an Associated Builders and Contractors (ABC) analysis of recent U.S. Census Bureau data. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion... View full entry

Preliminary construction work on the mind-boggling Mukaab tower scheme has been reported in Riyadh, Saudi Arabia. The cube-like structure, whose volume is equivalent to 64 million cubic meters (more than 2.2 billion cubic feet), is apparently large enough to contain 20 Empire State Buildings. It... View full entry

A surprising new claim about the amount of steel being used to construct NEOM’s new The Line megacity and other satellite developments is being advanced by several regional outlets, which claim the amount equals one-fifth (20%) of the world's current steel production. The claim was first... View full entry

Rider Levett Bucknall’s (RLB) latest crane count index report for North America has shown a slight decrease from its previous edition. The latest data, covering Q3 2024, reports a slight decrease of 5% from Q1 2024. Fourteen cities were surveyed for the study, with four experiencing a... View full entry

Multiple outlets in the Gulf region report on a new $186 million series of ready-mix concrete plants that will augment construction efforts for NEOM and The Line. According to Gulf News, the facility is capable of producing more than 700,000 cubic feet per day.  The $500 billion linear city... View full entry

The latest Dodge Momentum Index (DMI) figures for September have shown decreases equal to a 4% drop to a new sore of 208.6 after a revised August reading of 217.7. For the month, commercial planning contracted by 7.8% and institutional planning improved by 5.2%. The new DMI was 21% higher than in... View full entry

The latest Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data on nonresidential construction spending has shown a slight 0.1% increase for the month of August.  On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Private... View full entry