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 1.4% for February. In the month, nonresidential construction input prices increased by 1.3%... View full entry

Earlier this week, engineering and construction giant Bechtel and the American Foundation for Suicide Prevention (AFSP) announced a multiyear partnership dedicated to preventing construction worker suicides.  The partnership aims to reach 500,000 U.S. construction workers over five years... View full entry

The latest Dodge Momentum Index (DMI) information for February has shown a slight decrease in economic activity, dropping 1.4% to a new score of 180.5 from January’s revised total of 183.0. Over the month, commercial planning fell 2.3% while institutional planning ticked up 0.1%. The drop in the... View full entry

The value of construction input prices increased by 1% for the month of January when compared to December’s totals, according to an Associated Builders and Contractors (ABC) analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data. For the month, nonresidential... View full entry

The industry group Associated Builders and Contractors (ABC) has just published a new guide to AI resources for contractors working closely with architects on building projects across the U.S.  “The possibilities of AI technology may sound endless, but we must first educate ourselves on the... View full entry

The latest Dodge Momentum Index (DMI) report has shown a slight increase of 0.1% for January to a new total of 184.1, indicating an improvement over December’s revised figure of 183.9.  Over the month, commercial planning fell by 1.0%, while institutional planning improved by 2.1%. Year... View full entry

LACMA’s Unframed blog recently profiled the work of contractor Clark Construction to build the concrete structure for the Peter Zumthor-designed $750 million new David Geffen Galleries extension. The concrete will be left untreated to match its architect’s long-established aesthetic and... View full entry

A milestone was reached recently regarding the construction of the new, Populous-designed Buffalo Bills football stadium, the New Highmark Stadium.  The 60,000-seat facility, located in Orchard Park, New York, is now ready for large-scale structural steel work. This marks the completion of... View full entry

Italian contractor Webuild has won a $4.7 billion bid to deliver the central manmade water feature included in the Trojena mountainside resort concept that forms a vital part of Saudi Arabia’s NEOM megadevelopment for 2030. The contract calls for the construction of three dams and an artificial... View full entry

Building permits and construction starts for residential projects in the United States declined by approximately 10% in 2023 versus 2022, according to new data by the U.S. Census Bureau. An estimated 1,469,800 housing units were authorized by building permits in 2023, which is 11.7% lower than in... View full entry

The latest Associated Builders and Contractors (ABC) construction input price analysis for the month of December has registered a 0.6% decrease over November’s trend-reversing totals. Nonresidential construction input prices were down another 0.4%, with the commercial and multifamily sectors... View full entry

The latest Dodge Momentum Index (DMI) has posted an increase of 3% for December to a new total of 186.6, showing a marked improvement over November’s revised figure of 181.5.  For the month, commercial planning grew 1.0%, and institutional planning improved 6.1%. Hotels and data centers... View full entry

The completion date for the delayed Gordie Howe International Bridge has been pushed back to September 2025, according to the Detroit Free Press. A public announcement put out by the Windsor-Detroit Bridge Authority detailed the progress that’s been made since the project commenced in late... View full entry

The recent decision by Congress to revise fee limitations on all federal design and construction contracts undertaken with the Department of Defense (DOD) has been commended by the American Institute of Architects (AIA) following President Joe Biden’s formal signing of the National Defense... View full entry

Spending on nonresidential construction dropped by 0.1% in November in a reversal of a 17-month growth period for the sector, according to an analysis of new U.S. Census Bureau data from the industry group Associated Builders and Contractors (ABC). The total amount of spending in the sector was... View full entry