Recession 'not inevitable,' Moody's says

Contractors considering changes to wages, prices and other critical business strategies must filter an unusual range of conflicting economic forecasts.

By Jim Tyson • June 6, 2022

Northeast construction starts slow following rebound last year

The headwinds of inflation, supply chain issues, COVID-19 and a potential recession mute activity in the region, according to Dodge Data & Analytics.

By Sebastian Obando • June 3, 2022

Manufacturing projects boost starts in Western states

Clients looking to build a more reliable supply chain, via projects like chip plants, will drive growth in the sector, said a senior economist at Dodge.

By Sebastian Obando • May 31, 2022

Dodge: Construction starts jump, pipeline strong

Commercial building grows despite supply chain issues, the war in Ukraine and rising inflation, but a recession would slow that growth, an economist said.

By Sebastian Obando • May 25, 2022

The IIJA sets aside $100M for contech. When will it arrive?

Agencies have not yet hammered out the details, but the funding could follow a predictable path set by the federal government.

By Matthew Thibault • May 18, 2022

How $21B in foreign investment is shaping the multifamily landscape

This four-part series looks at how capital from outside the U.S. is moving into multifamily — and the types of properties and places investors seek.

By Robyn Griggs Lawrence • May 17, 2022

The top 10 residential builders of 2022

Dallas, Texas-based D.R. Horton remains at the top of the list for the 20th year in a row with 81,981 homes closed last year.

By Mary Salmonsen • May 16, 2022

WSP beats earnings expectations, maintains guidance

The Canadian contractor saw strong backlog growth in the first quarter and said its 2022 plans already account for inflation. 

By Julie Strupp • May 13, 2022

Looking beyond cost codes in construction management software

Given the high monetary stakes and the complexities at various stages of the project, construction companies need to rely on standardized processes to keep an eye on costs.

By Ricci Stevens • May 9, 2022

Despite $21.6M loss, Tutor Perini sticks to its guidance

The Los Angeles-based infrastructure giant reiterated its full-year outlook, even though it went into the red in the first quarter.

By Joe Bousquin • May 5, 2022

5 ways to manage suppliers during disruption

Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

By Praveen Kumar Soni • May 2, 2022

Report: GCs more likely than subs to get paid on time

General contractors have fewer problems collecting payments compared to other types of construction businesses, according to new data from Levelset.

By Jennifer Goodman • May 2, 2022

The 5 benefits of lean construction practices

Lean construction benefits customers, your business and the environment. Learn how that's possible.  

May 2, 2022

Granite posts nearly 20% quarterly revenue loss as it works through less profitable projects

The California company's CEO is optimistic about shifting away from large, complicated builds and expects a boost from the infrastructure act.

By Julie Strupp • April 29, 2022

Kansas City IUPAT accepts contract, largest pay increase in 17 years

Union painters in Missouri went on strike for eight days, demanding higher wages from a construction employment group.

By Zachary Phillips • April 21, 2022

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

What contractors that work in Russia need to know

The invasion of Ukraine has set off multiple crises. How should U.S. construction firms that work in Russia deal with these issues?

By Anazette Ray and Michael Vardaro • April 18, 2022

Diesel price surge fuels construction inflation alert

AGC Chief Economist Ken Simonson issued his seventh price warning in 13 months, marking an unprecedented rise in costs, but contractors' bid prices have yet to catch up. 

By Joe Bousquin • April 13, 2022

North American crane count increases 4.74%

Rider Levett Bucknall's most recent crane index, an indicator for construction's economic health, made up for losses from last year.

By Zachary Phillips • Updated April 8, 2022

Contech companies' revenue booms amid pandemic, supply chain issues

Firms of all sizes have prospered since COVID-19 challenges pushed contractors toward wider tech adoption.

By Matthew Thibault • April 6, 2022

By the numbers: Biden's budget priorities for transportation

A proposal to spend $3 billion in freight and highway projects is among the president's requests to Congress.

By Colin Campbell • April 5, 2022

Destruction to Ukraine's infrastructure estimated at $63B

Roads have been most damaged at $27.5 billion, according to a Kyiv School of Economics analysis, followed by housing and civilian airports.

By Julie Strupp • April 5, 2022

More inflation, recession ahead: construction economist

Supply chain issues will persist for years, but commodity pricing relief is on the horizon, predicts Associated Builders and Contractors' Anirban Basu.

By Joe Bousquin • April 4, 2022

Biden pushes 28% corporate tax rate

Companies should prepare for new or higher corporate taxes in light of President Joe Biden's 2023 budget proposal, experts say.

By Maura Webber Sadovi • April 1, 2022

US eases tariffs on UK steel and aluminum

The deal will partially lift tariffs on steel and aluminum exports from the U.K. beginning June 1.

By Sarah Zimmerman • March 24, 2022