Construction Trends

2023 November

Construction Employment Rises by 11,000 Jobs in September

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 analysis of government...

2023 November

Architecture Firm Billings Decline Sharply in September

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 the pandemic and indicates...

2023 November

Dodge Momentum Index Rises 3% in September

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%, while...

2023 November

Equipment Finance Industry Confidence Lower in October

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 conditions and expectations for the...

2023 November

Construction Labor Productivity: The $20 Billion Opportunity

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 of the study’s key findings: Many of the top...

2023 October

Armstrong World Industries Acquires BŌK Modern

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 its business on collaborating with...