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Data centers, but little else, prop up construction planning
The Dodge Momentum Index rose 0.9% in April as tariffs and policy uncertainty kept many owners and developers on the sidelines.
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Project Milestones
Balfour Beatty kicks off $385M Miami hotel project
The U.S. arm of the London-based builder will deliver a 17-story hotel with 800 guest rooms, convention and meeting space and ground floor retail areas.
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PPG to build $380M North Carolina manufacturing facility
The new Shelby plant will produce the paint manufacturer’s complete line of aerospace coatings and sealants.
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M&A activity cools amid instability: WSP
CEO Alexandre L’Heureux nonetheless sees a strong year ahead for North America, he said in a Q1 earnings call.
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IRA’s fate unclear as Republicans look to finance megabill
The Inflation Reduction Act is a likely target in a plan to cut $2 trillion in spending, but certain provisions have been benefiting red districts.
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Opinion
Why Trump’s tariffs alone aren’t enough
Manufacturing projects are complex. Levies aimed at bringing these builds back to the U.S. need to be paired with broader initiatives, writes one construction executive.
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Safety Week 2025
‘Safety belongs to everyone’: What construction leaders value most
Executives from companies such as Jacobs, Clayco and Shawmut detail overlooked areas for improving jobsite safety.
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Safety Week 2025
The Fatal 5? Balfour Beatty highlights risk of live traffic.
The contractor has added speeding vehicles to the well-known “Fatal Four” list and is taking steps to mitigate the danger.
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Tariffs trigger pauses on some retail, industrial real estate deals
It’s too soon to know exactly how tariffs will impact commercial real estate. But some cracks are emerging in the U.S. retail and industrial sectors, CBRE’s Whitley Collins says.
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Safety Week 2025
Granite JV plays it safe at Sacramento’s American River Bridge rehab
The California-based team has taken a 20/20/20 approach, pausing their work every 20 minutes to perform a 20-second scan of the area 20 feet around them.
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AECOM sees delays, deferrals tied to Trump policies
Although some clients have postponed decisions due to uncertainty in Washington, in a Q2 earnings call CEO Troy Rudd maintained he is bullish on the president’s deregulation push.
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KPMG rolls out AI-powered tool for mitigating tariff risks
The new tool can help with complex analyses that play a role in mitigation strategies a CFO might choose to adopt, according to KPMG’s Andrew Siciliano.
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Safety Week 2025
Safety leaders tout innovative data, planning practices
In recognition of Construction Safety Week, leaders from Granite, Fluor, DPR and other firms talk about protecting workers on their jobsites.
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AI, robots take top spot in contech investments
Nearly half of all funding went to artificial intelligence, marking a sharp uptick from past years, according to a report from Nymbl Ventures.
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Trump orders FDA to help speed building of new drug factories
Yet regulatory relief for U.S. expansion could be accompanied by new tariffs and drug pricing rules.
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Dallas Fort Worth airport expansion jumps to $4B
The new Terminal F will be double the size originally planned after American Airlines increased its investment.
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Safety Week 2025
Survivor story: A safety expert shares his experience to help others
Seventeen years ago, Manny Souza was injured in a crane collapse. Today, he continues to find ways to improve workplace safety and risk assessment.
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Opinion
What NEPA changes mean for projects, permitting timelines
The framework for environmental reviews is shifting as federal agencies revise or develop their own implementing regulations, according to attorney Alexaida Collet.
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Turner launches offsite manufacturing company
Its new subsidiary, xPL Offsite, will target projects in the advanced technology segment while also eyeing opportunities outside of that niche.
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Fluor says most customers forging ahead despite tariffs
Some clients are awaiting “market clarity and cost certainty” before making final investment decisions, new CEO Jim Breuer said in an earnings call.
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Safety Week 2025
Ready to stand down? Construction Safety Week kicks off.
This year’s initiative will focus on fall prevention among other efforts to keep workers safe and healthy.
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DOL orders staff not to enforce Biden-era independent contractor rule
The Labor Department is still considering whether to rescind the rule, which faces ongoing litigation, it said Thursday.
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PCL to open Phoenix office
A 20-year company vet will lead the charge in the contractor's push to bolster its commercial building focus in the region.
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Granite shrugs off tariff impacts, hints at new IIJA
The California-based civil builder’s CEO said the firm hasn’t been hampered by levies and that there’s political will in Congress for a follow-on infrastructure law.
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Economic Reports
Construction spending plummets on tariff fears
Data centers are “perhaps the only remaining source of industry momentum” as most private sectors pulled back in March, according to ABC’s chief economist.
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