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Associated Builders and Contractors has released its third annual construction technology report , which consists of a framework and complementary real-life case studies from ABC contractors that utilize const Read More →
Business conditions at architecture firms deteriorated in September. The AIA/Deltek Architecture Billings Index score of 44.8 for the month is the lowest score reported since December 2020 during the height of Read More →
The construction industry added 11,000 jobs in September as unemployment rates for the sector remained at historically low levels, prompting contractors to raise pay faster than for other jobs, according to an Read More →
Construction employment increased in 43 states and the District of Columbia in September from a year earlier, while 28 states and D.C. added construction employees from August to September, according to an ana Read More →
FMI Corporation has released the 2023 Labor Productivity Study . The study explores current trends, challenges, management best practices and innovations for optimizing labor productivity. Here are some o Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, improved 3% in September to 182.5 (2000=100) from the revised August reading of 178.0. Over the month, the commercial component of the DMI fell 1 Read More →
The Equipment Leasing & Finance Foundation has released the October 2023 Monthly Confidence Index for the Equipment Finance Industry. The index reports a qualitative assessment of both the prevailing business Read More →
Minneapolis-based Fabcon Precast has acquired Bristol Precast, a division of The Bristol Group. The Bristol Group is a design-build commercial construction firm and manufacturer of precast concrete wa Read More →
GMS Inc. has acquired AMW Construction Supply, LLC, a distributor of tools, fasteners and other complementary products servicing the Phoenix metro area. In addition, the company announced the recent openings o Read More →
L&W Supply Corporation has completed the acquisition of D&E Supply in Tulsa, Okla. The new location is L&W Supply’s fourth branch in Oklahoma and second branch in the Tulsa area. D&E Supply was founde Read More →
Rockfon, part of Rockwool Group, celebrates 10 years of providing the North American market with its portfolio of ceiling system solutions. Since 1962, Rockfon has been a manufacturer of stone wool ce Read More →
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 9.0 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 4. The reading is equivale Read More →
Billings at architecture firms remained flat in July, with an AIA/Deltek Architecture Billings Index score of 50.0 for the month. A score of 50.0 means that the share of firms that reported a decline in their Read More →
Armstrong World Industries has acquired BŌK Modern, a pioneer in the design and development of integrated architectural metal systems for a range of interior and exterior applications. BŌK has built i Read More →
Associated Builders and Contractors reported Sept. 12 that its Construction Backlog Indicator declined to 9.2 months in August, down 0.1 month, according to an ABC member survey conducted from Aug. 21 to Sept. Read More →
The construction industry added 22,000 jobs in August, while total construction spending rose 0.7% in July, despite a downturn in most infrastructure investment categories, according to an analysis of governme Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6% Read More →
The U.S. Department of Labor announced a notice of proposed rulemaking to revise regulations regarding who can be authorized by employees to act as their representative to accompany the department’s Occupation Read More →
The Equipment Leasing & Finance Foundation’s August 2023 Monthly Confidence Index for the Equipment Finance Industry reports that confidence in the equipment finance market is 50.4, an increase from the July i Read More →
The Marcum Commercial Construction Index for the second quarter of 2023, produced by Marcum’s National Construction Services group, reports that the construction industry retained momentum through the first ha Read More →
The construction industry added 22,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released Sept. 1 by the U.S. Bureau of Labor Statistics. On a year-over-year b Read More →
Business conditions generally held steady at architecture firms in June, as the AIA/Deltek Architecture Billings Index score of 50.1 continued to indicate slight billings growth at firms. This also marked the Read More →
Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues to grapple with rising mortgage rates, elevated construction costs Read More →
California Drywall, an AWCI member and leading provider of top-quality drywall solutions, announces a significant milestone in the company’s history: Effective Aug. 14, California Drywall began transitioning t Read More →
The construction industry added 19,000 jobs in July even as the sector’s unemployment rate increased, according to an analysis of new government data the Associated General Contractors of America. Associati Read More →
The construction industry is grappling with the implications of rising interest rates, inflation and changing economic dynamics, according to Marcum’s 2023 National Construction Survey. The annual sur Read More →
The U.S. Department of Labor announced a notice of proposed rulemaking to clarify the personal protective equipment standard for the construction industry. The current standard does not state clearly Read More →
Construction input prices were unchanged in July relative to the previous month, according to an Associated Builders and Contractors analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index Read More →
Georgia-Pacific now offers cutting-edge virtual jobsite visit technology through its technical services department. The technology, in use since January 2023, enhances the company’s customer support efforts an Read More →
The American Iron and Steel Institute has selected Dan Snyder as its new vice president, construction program. He is responsible for leadership of AISI’s construction programs, including commercial buildings, Read More →
Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months. Builder confidence in the mark Read More →
On May 1, the Cold-Formed Steel Engineers Institute moved from its former home with the American Iron and Steel Institute to become part of the Steel Framing Industry Association. Larry Williams, SFIA exe Read More →
Associated Builders and Contractors reported July 11 that its Construction Backlog Indicator remained unchanged at 8.9 months in June, according to an ABC member survey conducted June 20 to July 5. The reading Read More →
Construction industry employment increased by 23,000 in June, according to an Associated Builders and Contractors analysis of data released July 7 by the U.S. Bureau of Labor Statistics. Industry employment ha Read More →
Total construction spending in May increased by 0.9% from April and 2.4% year-over-year as gains in manufacturing construction and single-family homebuilding offset a downturn in major infrastructure segments, Read More →
The June 2023 Monthly Confidence Index for the Equipment Finance Industry, produced by Equipment Leasing & Finance Foundation, reports a qualitative assessment of both the prevailing business conditions and ex Read More →
The National Center for Construction Education and Research announced the launch of a new era for the organization, including an updated visual identity, refinement of its mission and vision statements, and ma Read More →
A new study from Dodge Construction Network, in partnership with GCPay, reveals that currently only one in three (34%) general contractors automate fewer than half of their subcontractor management processes. Read More →
A series of inspections by the U.S. Department of Labor has found a Newark-based construction contractor defying federal safety regulations by exposing employees to more than 20 violations, including potential Read More →
As of July 1, Triangle Fastener Corporation has finalized an acquisition agreement with Connective Systems & Supply, Inc. In particular, TFC has acquired the segment of CSS’s business primarily focused on fast Read More →
Architecture firms reported a modest decrease in April billings. However, there was a slight increase in inquiries into future project activity according to a report released May 24 from The American Institute Read More →
Capstone Partners, a middle market investment banking firm, released its May 2023 Construction Services Sector Update, reporting that elevated construction spending, increased project backlogs and continued em Read More →
The construction sector added 25,000 jobs in May while the sector’s unemployment rate fell to its second lowest rate for the month and pay levels in the industry continued to rise, according to an analysis of Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, fell 2.0% in May to 180.5 (2000=100) from the revised April reading of 184.1. Over the month, the commercial component of the DMI fell 6.1%, whil Read More →
The Equipment Leasing & Finance Foundation (the Foundation) has released the May 2023 Monthly Confidence Index for the Equipment Finance Industry. The index reports a qualitative assessment of both the prevail Read More →
L&W Supply Corporation has completed the acquisition of Killingly Building Products with locations in Dayville, Conn., and Providence, R.I. This acquisition is L&W Supply’s first in Rhode Island. The Read More →
Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including bui Read More →
The National Association of Home Builders redesigned its Multifamily Market Survey in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for Read More →
The American Society of Civil Engineers released a new update to their most widely used standard today, ASCE/SEI 7-22 Minimum Design Loads and Associated Criteria for Building and Other Structures. As the incr Read More →
The Marcum Commercial Construction Index for the first quarter of 2023 reports that the construction industry retains momentum despite still-elevated inflation and ongoing labor shortages. Despite that momentu Read More →
Saint-Gobain has entered into a definitive agreement for the acquisition of Building Products of Canada Corp., a privately owned manufacturer of residential roofing shingles and wood fiber insulation panels in Read More →
Business conditions at architecture firms saw a slight improvement in March, following declining billings during the last five months. The AIA/Deltek Architecture Billings Index score of 50.4 for the month ind Read More →
The construction sector added 15,000 jobs in April while the sector’s unemployment rate fell to a record low for the month and the number of unfilled construction positions is close to a monthly high, accordin Read More →
The price of materials and services used in nonresidential construction increased 0.5% from March to April, while an index that measures contractors’ bid prices declined 0.3%, according to an analysis by the A Read More →
The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics d Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, fell 5.1% in April to 180.9 (2000=100) from the revised March reading of 190.6. In April, the commercial component of the DMI fell 8.0%, and the Read More →
The U.S. Department of Labor announced that its Occupational Safety and Health Administration has begun a National Emphasis Program to prevent falls, the leading cause of fatal workplace injuries and the viola Read More →
L&W Supply Corporation has completed the acquisition of Old Fort Building Supply in South Bend, Ind. Started in 1983, this is a full-line distributor servicing residential, commercial and multifamily construct Read More →
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, sh Read More →
Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply disruptions. S Read More →
On April 1, FBM took ownership of all 32 Marjam locations. Founded in 1979, Marjam Supply Company started with the purchase of a single warehouse facility in Brooklyn, N.Y., as well as a few thousand dollars i Read More →
Those Amazing Professions Inc. announces the launch of www.thoseamazingbuilders.com , a website created to interest young people in careers in the construction industry. The site highlights the work and wisdom Read More →
National nonresidential construction spending increased by 0.7% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjuste Read More →
PABCO® Gypsum has launched a new website, pabcogypsum.com, which more completely integrates the PABCO Gypsum product offering, including QuietRock®, into a single website experience. The combined site will mak Read More →
ABC Supply Co., Inc. has completed the acquisition of the following specialty distribution businesses from US LBM: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofi Read More →
More architecture firms reported a decline in billings in February, indicating an extension of a recent downturn in design activity according to a March 23 report from The American Institute of Architects. Read More →
ASTM International and Wiss, Janney, Elstner Associates, Inc. will collaborate to create a series of online education and training in building enclosure performance test standards and methodology through live Read More →
ClarkDietrich has named Brian Panuccio the company’s Chief Commercial Officer, a new role that will lead the sales and marketing teams as both the company and industry continue to evolve. Panuccio sta Read More →
The price of materials and services used in nonresidential construction inched down 0.1% from February to March, as plunging fuel prices outweighed increases in the cost of other goods, according to an analysi Read More →
The construction sector shed 9,000 jobs in March, the first decrease since January 2022, even as the sector’s unemployment rate fell and total number of job openings in the sector hit a near-record high, accor Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, slipped 8.6% in March to 183.7 (2000=100) from the revised February reading of 201.0. In March, the commercial component of the DMI fell 6.6%, an Read More →
Associated Builders and Contractors reportd that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months h Read More →
National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjuste Read More →
Total construction starts rose 6% in February to a seasonally adjusted annual rate of $912.8 billion, according to Dodge Construction Network. During the month, residential and nonresidential building starts r Read More →
The Marcum Commercial Construction Index for the fourth quarter of 2022 reveals that the construction industry retained momentum at year’s end despite an array of constraints facing the industry, including lab Read More →
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the ne Read More →
ClarkDietrich has announced the promotion of Jennifer Edgar to vice president of marketing. Edgar assumes the role following the retirement of Terry Westerman, who has held the position since 2005. Ed Read More →
Construction input prices expanded 0.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data rel Read More →
National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted an Read More →
Plastic Components sadly reports the sudden death of its longtime president Tom Stark, on March 6, 2023. He was 69. Stark was born in South Florida in 1953, Stark attended the University of Florida and ea Read More →
Construction firms added 24,000 employees in February, as hefty pay raises for hourly workers enabled the industry to increase employment more steeply than other sectors, according to an analysis by the Associ Read More →
Rockfon North America, part of ROCKWOOL Group, has named Kirill Fedorovskiy as its new president effective April 1. Fedorovskiy will assumed the role from John Medio, who helped establish and drive the Rockfon Read More →
Sto Corp. announces two key personnel changes to its top ranks. In sales, Mark Orlando has been promoted from South region sales manager to vice president, sales. Orlando has been with Sto Corp. for m Read More →
Associated Builders and Contractors released the following remarks Jan. 19 regarding the U.S. Department of Labor Bureau of Labor Statistics’ annual Union Members Summary. According to 2022 data, the percent o Read More →
The arrival of new systems seems, at first, to scare everyone. Take artificial intelligence. Recently, I tried the AI image generation tool DALL-E 2, asking it to create images of construction workers Mark L. Johnson Read More →
Armstrong World Industries, Inc. has been named one of America’s Most Responsible Companies for 2023 by Newsweek magazine. AWI was ranked No. 76 out of 500 companies and No. 4 in the capital goods category tha Read More →
AD announces that Ben Brumfield is joining the company as president, AD Member Supply, effective March 6. AD Member Supply, AD’s U.S. warehousing program, helps AD members consolidate spend and increase effici Read More →
A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevate Read More →
Construction employment increased in 268 of 358 metro areas between December 2021 and December 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Read More →
Total construction spending decreased by 0.4% in December, yet industry job openings at the end of the month set a new high for December, according to an assessment the Associated General Contractors of Americ Read More →
The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, according to a proprietary model developed by As Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, fell 8.4% in January to 201.5 (2000=100) from the revised December reading of 220.0. In January, the commercial component of the DMI fell 10.0%, Read More →
National nonresidential construction spending decreased by 0.5% in December, according to an Associated Builders and Contractors analysis of data published Feb. 1 by the U.S. Census Bureau. On a seasonally adj Read More →
Nikhilesh Chawla, the Ransburg Professor of Materials Engineering at Purdue University, and Rahul Franklin, a graduate research assistant in materials engineering, prepare to examine a honeybee comb sample wit Read More →
Don Allen, P.E., S.E., LEED® AP, joined the Association of the Wall and Ceiling Industry as its full-time director of technical services on Feb. 21. In his new role Allen will monitor industry codes a Read More →
GMS Inc. has entered the New York City market with the acquisition of Tanner Bolt and Nut, Inc. and the opening of a ceilings-focused greenfield location. In addition, the company provided details on other rec Read More →
The U.S. Department of Labor announced changes to Occupational Safety and Health Administration civil penalty amounts based on cost-of-living adjustments for 2023. In 2015, Congress passed the Federal Read More →
The “2022 PlanHub Construction Industry Report” from PlanHub provides a snapshot of activity and trends based on platform usage and an in-depth survey of construction professionals conducted in December 2022. Read More →
After architecture firms experienced their first decline in billings in nearly two years in October, business conditions softened further in November, as the AIA’s Architecture Billings Index score fell to 46. Read More →
Construction companies added 20,000 employees in November and continued to raise wages for hourly workers more steeply than other sectors as the industry’s unemployment rate tumbled, according to an analysis b Read More →
The Dodge Momentum Index, issued by Dodge Construction Network, increased 3.8% (2000=100) in November to 207.2 from the revised October reading of 199.6. During the month, the DMI continued its steady ascent, Read More →
The U.S. Department of Labor and the IRS renewed a memorandum of understanding and added a streamlined process for joint referrals and closer coordination to stop businesses from misclassifying workers and den Read More →
For the fourth time, Florida claimed the top spot in Associated Builders and Contractors’ eighth annual Merit Shop Scorecard, a ranking of all 50 states and the District of Columbia based on policies and progr Read More →
L&W Supply has opened its first location in New York City at 49-29 30th Place in Long Island City, New York. Dave Dickerson manages the new location. He has over three decades of experience in the building sup Read More →
The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamil Read More →
National nonresidential construction spending was down by 0.3% in October, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted ann Read More →
The big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban areas has shown a marked decline over the past 12 mo Read More →
The Marcum Commercial Construction Index for the second quarter of 2022 reports that the construction industry continues to face rising costs and shortages of both labor and materials, but now also must conten Read More →
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