COVID-19
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Bank failures cause uncertainty for contractors
The collapses of Silicon Valley Bank and Signature Bank could weaken this year’s outlook for commercial real estate and construction, an economist said.
By Sebastian Obando • March 16, 2023 -
Sebastian Obando/Construction Dive
NYC office, hotel sectors show signs of life
“New York is back,” but in a way that differs from its pre-pandemic level, a presenter at this week’s New York Build conference said.
By Sebastian Obando • March 10, 2023 -
John Moore via Getty Images
COVID was construction’s top killer in 2020
In the first year of the pandemic, construction workers were among the most vulnerable to COVID-19 and its related illnesses, new government data shows.
By Zachary Phillips • Updated Jan. 18, 2023 -
Sergey Pakulin via Getty Images
2023 OUTLOOKNew year, new challenges for IIJA
Inflation, labor shortages and supply chain snarls could hamper federal infrastructure act work in the coming year.
By Julie Strupp • Jan. 10, 2023 -
John Moore via Getty Images
2023 OUTLOOKWhat’s keeping contractors up at night?
Supply chain chaos and an impending recession are among builders’ top concerns in 2023, according to a new survey.
By Julie Strupp • Jan. 9, 2023 -
Ultima_Gaina via Getty Images
Sector watchNYC office market faces ‘real estate apocalypse’
The work-from-home movement could spark new trends in office construction and renovation, according to a new report.
By Sebastian Obando • Oct. 10, 2022 -
Ergin Yalcin/iStock via Getty Images
Construction and COVID-19Feds won’t enforce contractor COVID-19 vaccine mandate
Updated guidance indicates the government won't implement an executive order requiring the shot, but confusion remains.
By Joe Bousquin • Sept. 8, 2022 -
Drew Angerer via Getty Images
Construction and COVID-19Court partially reinstates federal contractor vaccine mandate
An appeals court ruled the mandate is still stayed for members of the Associated Builders and Contractors and contracting agencies in seven states.
By Joe Bousquin • Aug. 30, 2022 -
400tmax via Getty Images
AECOM raises guidance amid higher profits, lower revenue
Backlog at the 10th largest U.S. contractor increased by 3.5% to $41.1 billion, but COVID-19 in China and industry staffing shortages remain as challenges.
By Joe Bousquin • Aug. 9, 2022 -
Construction workers work on an infrastructure project. via Getty Images
Rising labor costs eat away at construction firms' profits
Contractors are paying more for low-skilled workers but aren’t benefiting from increased productivity, economists say.
By Joe Bousquin • June 23, 2022 -
Permission granted by James Kim Photography
Sponsored by PC ConstructionHelping developers meet their pro-formas in the post-pandemic world: 3rd and final in a series
Market forces can threaten project profits and timelines seemingly at every turn. Learn how we can all walk away happy on the day we hang up our hard hats.
By Eve Norris, Vice President, PC Construction • April 25, 2022 -
Sean Gallup via Getty Images
Economic headwinds threaten construction's spring recovery
A busy winter and pent-up demand have accelerated supply chain problems for U.S. contractors like Turner and Messer.
By Jen A. Miller • April 20, 2022 -
Permission granted by Associated Builders and Contractors
Q&AABC's Young Professional of 2022: Attitude more valuable than skill
Honoree Luke Perry, vice president at Perry Contracting, spoke to Construction Dive about getting the next generation of workers excited about the trades.
By Zachary Phillips • April 11, 2022 -
Permission granted by James John Jetel Photography
Sponsored by DIRTTFrom sustainability to user experience, experts connect the dots on flexibility in interior construction
Several professionals are interviewed on how the construction industry will be shaped by the pandemic, key ingredients for resilience and what lies ahead.
March 7, 2022 -
Public construction firms announce earnings
Several of these industry giants reported losses in their most recent financial periods while others saw profits fall.
March 1, 2022 -
Chris McGrath via Getty Images
Ukraine war 'likely to have multiple effects' on materials prices
Inflation is casting shadows over how much the $1.2 trillion in the Infrastructure Investment and Jobs Act can ultimately accomplish.
By Joe Bousquin • March 1, 2022 -
Drew Angerer via Getty Images
New report details how states are spending $350B from the American Rescue Plan
Infrastructure, prisons and broadband are three categories that are already receiving funding.
By Joe Bousquin • Feb. 24, 2022 -
David McNew via Getty Images
Deep DiveHoarding, ghost orders and pop-up warehouses: construction's new supply chain playbook
Material prices have hit a 35-year high. Here's what contractors are doing to survive inflation.
By Joe Bousquin • Feb. 23, 2022 -
Permission granted by Google
Lendlease calls 2022 a 'reset' year, losing $264M in 6 months
The Australian contractor missed earnings forecasts, but expects to crawl back into the black in the second half of its fiscal year.
By Zachary Phillips • Feb. 22, 2022 -
Bruce Bennett via Getty Images
OpinionWhy private construction jobs are requiring surety bonds, too
Bonding is no longer just a requirement for public works projects.
By Jacqueline Greenberg Vogt • Feb. 11, 2022 -
AndreyPopov via Getty Images
5 tech tools for contractors to head off COVID-19 claims
The pandemic exacerbated many challenges, but it also fueled tech adoption in construction that could aid with problem-solving and communication.
By Julie Strupp • Feb. 9, 2022 -
Courtesy of XL Construction
Q&ANew XL Construction CEO: 'Huge amount of money' on tap once materials prices come down
The head of the California-based firm talks 2022 outlook, building with timber and his company's above-average vaccination rate.
By Joe Bousquin • Feb. 7, 2022 -
David McNew via Getty Images
Former Gilbane CEO McKelvy tapped to lead McDermott
Mike McKelvy, who retired from Gilbane on Jan. 7, is stepping into the top spot at the restructured Houston-based energy construction giant.
By Joe Bousquin • Feb. 3, 2022 -
Courtesy of Gensler + HDR in association with luis vidal + architects
5 ways COVID-19 has changed airport design and construction
The pandemic has left its mark on air travel, including the physical infrastructure that enables it. Here's what contractors need to know.
By Julie Strupp • Feb. 1, 2022 -
Joe Raedle via Getty Images
Omicron stresses already understaffed jobsites as workers call in sick
Tech and flexibility are the keys to mitigating staffing issues due to the spread of the highly contagious variant, say experts.
By Matthew Thibault • Feb. 1, 2022
