The latest Dodge Momentum Index (DMI) report indicates a sizable increase of 5.7% to a total of 183.2 for September, up from the revised 173.4 figure that was recorded in August.  The Dodge Construction Network notes that this total falls within 5% of the DMI’s all-time high and was... View full entry

A series of salary transparency laws emerging across the U.S. is already having an impact on how companies approach disclosing pay range information, one survey has found. The study, undertaken by insurance advisor company WTW, found that many businesses are choosing to include information on... View full entry

The latest Dodge Construction Network figures show a decline in construction starts by 9% after a July spike that was propelled mostly by the nonresidential and nonbuilding sectors.  Total starts now stand at an adjusted annual rate of $1.25 trillion. The August dip was caused by a 36%... View full entry

An increase in the overall demand for design services has been recorded for the 19th consecutive month, according to statistics contained in the August Architecture Billings Index (ABI) published this week by the American Institute of Architects (AIA). The ABI score is now up to 53.3, representing... View full entry

National nonresidential construction spending has increased by a modest 0.8% in July, according to an analysis of government spending data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). On a seasonally adjusted annualized basis, nonresidential spending totaled $... View full entry

The latest Dodge Momentum Index report from the Dodge Construction Network shows a slight drop of 1.2% from July’s revised record peak of 174.0, driven by declines in the institutional sector that were spurred on primarily by a decrease in healthcare projects when compared to last month... View full entry

Legislators in California have passed a bill strengthening the state’s pay transparency requirements. Elements contained in the bill, SB 1162, include a requirement for many employers to include salary ranges in job postings, disclose salary scales to employees for their current positions, and... View full entry

According to CBRE's new 2022 U.S. Construction Cost Trends report, nationwide industry price levels have posted the largest increase in years, driven by labor shortages, inflation, supply chain disruptions, the ongoing impact of the pandemic, and the war in Ukraine.  CBRE forecasts a... View full entry

New research suggests that the global market for construction robotics will triple by 2030. The figures, generated by Straits Research, predict that the construction robotics market will grow from its current $50 million value to reach $164 million by the end of the decade, increasing at a... View full entry

Demand for design services at architecture firms across the U.S. has increased for the eighteenth consecutive month in July, according to new data from the American Institute of Architects (AIA). The Architecture Billings Index (ABI) reported a score of 51.0 last month. While this reading is... View full entry

According to the Dodge Construction Network (DCN), total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion. The gain is due to the start of three large manufacturing plants and two Liquefied Natural Gas (LNG) export facilities. Even without these... View full entry

The number of unfilled positions in the construction industry appears to be falling, according to new figures by the Associated Builders and Contractors (ABC). June 2022 saw 334,000 unfilled positions in the sector, down 17% on the previous month, but still 4% higher than June 2021. ABC’s... View full entry

The Dodge Momentum Index hit a 14-year high in June and recorded another 2.9% increase in July. The index now stands at 178.7, up from June’s figure of 173.6. “Commercial planning in July was led by an increase in data center, office and warehouse projects, while fewer education and... View full entry

Demand for architectural design services has expanded for the seventeenth consecutive month, according to the latest economic report released by the American Institute of Architects. The Architecture Billings Index (ABI) for June reached a score of 53.2, softening only slightly from May's score of... View full entry

In June, total construction starts fell 5% to a seasonally adjusted annual rate of $932.3 billion, according to a new Dodge Construction Network report. Nonresidential building starts fell 14%, and residential starts dropped 6%. Nonbuilding starts, on the other hand, gained 13% last month due to... View full entry