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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • ELFA’s Survey of Economic Activity: Monthly Leasing and Finance Index for April
    April new business volume up 11% year-over-year, up 7% month-over-month, and down 5% year-to-date. Details here. 
    Read More →: ELFA’s Survey of Economic Activity: Monthly Leasing and Finance Index for April

  • FTI Consulting Construction Solutions Practice Appoints Senior Managing Director
    FTI Consulting Inc. has announced that Frank Regnery has been appointed as a senior managing director in the Construction Solutions practice. He will be based in New York.
    Read More →: FTI Consulting Construction Solutions Practice Appoints Senior Managing Director

  • Slight Rebound for Architecture Billings in April
    Following a sizable decrease in demand for design services in March, the April Architecture Billings Index (ABI) climbed back into positive territory according to a new report today from The American
    Read More →: Slight Rebound for Architecture Billings in April

  • April Construction Starts Retreat 15%
    New York, New York (May 22, 2019) — The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16%
    Read More →: April Construction Starts Retreat 15%

  • Virgin Trains U.S.A. Announces Contractors For Orlando, Florida, Service Expansion
    Virgin Trainsit’s first rail train for Phase 2 was loaded and shipped from Steel Dynamics’ Ft. Wayne, Indiana, mill on May 16, 2019. Details here. 
    Read More →: Virgin Trains U.S.A. Announces Contractors For Orlando, Florida, Service Expansion

  • SEAA Announces 2018 ‘Person of the Year’ & ‘Lifetime Achievement’ Award Recipients
    The SEAA Ironworker Craft Training Program is essential to battling the qualified labor shortages the industry faces. ‘Jack’s passion for the steel-erection industry is recognizable almost immediately. He has great respect
    Read More →: SEAA Announces 2018 ‘Person of the Year’ & ‘Lifetime Achievement’ Award Recipients

  • Construction Robotics Market to Reach $226M Worldwide by 2025
    More than 7,000 robot assistants, infrastructure robots, structure robot, and finishing robots will be deployed for construction between 2018 and 2025. 
    Read More →: Construction Robotics Market to Reach $226M Worldwide by 2025

  • Zweig Group Reports Strong Financial Outlook for AEC Industry
    Recent data indicates strong financial performance industrywide for AEC.  Zweig Group’s annual ‘Financial Performance Survey of AEC Firms,’ released April 4, 2019, identified a strong positive trend in multiple key financial indicators,
    Read More →: Zweig Group Reports Strong Financial Outlook for AEC Industry

  • Canada’s Construction Industry Set to Reach $304.6B in 2023, Driven by Investments in Infrastructure
    The Canadian government’s planned investments in infrastructure are expected to support the growth of Canada’s construction industry. Under the ‘Investing in Canada Plan.’ the government plans to invest a total of
    Read More →: Canada’s Construction Industry Set to Reach $304.6B in 2023, Driven by Investments in Infrastructure

  • United Rentals Helps Contractors Advance Trench Safety Through Training
    United Rentals Trained more than 90,000 workers in trench safety operations since initial Trench Safety Stand Sown in 2016.
    Read More →: United Rentals Helps Contractors Advance Trench Safety Through Training

  • President’s New Immigration Proposal Opens the Door to Expanding Number of Craft Workers Who Can Legally Enter the Country
    President’s Trump’s immigration reform proposal could help address significant workforce shortages affecting the construction industry, continues discussion on ways to address broader immigration challenges. 
    Read More →: President’s New Immigration Proposal Opens the Door to Expanding Number of Craft Workers Who Can Legally Enter the Country

  • Hyundai L&C U.S.A. & Wilsonart Engineered Surfaces Open Solid-Surface Manufacturing Plant
    Manufacturers Wilsonart Engineered Surfaces and Hyundai L&C U.S.A.form joint venture, and the pair team up for ribbon cutting ceremony at new Texas facility.
    Read More →: Hyundai L&C U.S.A. & Wilsonart Engineered Surfaces Open Solid-Surface Manufacturing Plant

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