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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.

  • Total Construction Starts Slip in April Due to Sharp Decline in Manufacturing

    HAMILTON, N.J. (May 18, 2023) — Total construction starts fell 4% in April to a seasonally adjusted annual rate of $1.04 trillion, according to Dodge Construction Network. Nonresidential starts led the
    Read More →: Total Construction Starts Slip in April Due to Sharp Decline in Manufacturing
  • Senco Opens Global Headquarters in Cincinnati

    Cincinnati, Ohio (May 25, 2023) — Kyocera Senco Industrial Tools (SENCO), a global provider of fasteners and power fastening tools, has announced the opening of its official global headquarters in Cincinnati,
    Read More →: Senco Opens Global Headquarters in Cincinnati
  • ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength

    WASHINGTON (May 16, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to an ABC member
    Read More →: ABC Construction Backlog Indicator Rebounds in April Due to Infrastructure Category Strength
  • Isuzu Announces Director ‘ EV Strategies Position & Other Personnel Changes

    ANAHEIM, Calif. (May 22, 2023) — Isuzu Commercial Truck of America Inc., distributor of Isuzu commercial vehicles in the U.S., announced that Matthew A. Mesick has been appointed as the company’s
    Read More →: Isuzu Announces Director ‘ EV Strategies Position & Other Personnel Changes
  • Dodge Momentum Index Declines in April After Pullback in Commercial Planning

    HAMILTON, N.J. (May 5, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 5.1% in April to 180.9 (2000=100) from the revised March reading of 190.6. In
    Read More →: Dodge Momentum Index Declines in April After Pullback in Commercial Planning
  • Newly Formed Partnership Between CMAA & NAWIC

    VIENNA, Va — The Construction Management Association of America (CMAA) and the National Association of Women in Construction (NAWIC) have signed a cooperating agreement. The newly formed partnership is a win for
    Read More →: Newly Formed Partnership Between CMAA & NAWIC
  • Construction Adds 15,000 Jobs in April, Says ABC

    WASHINGTON (May 5, 2023) — The construction industry added 15,000 jobs on net in April, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau
    Read More →: Construction Adds 15,000 Jobs in April, Says ABC
  • Construction Business Owner Magazine & Deltek Present Webinar: ‘Get Paid Faster With Cash Flow Management’

    BIRMINGHAM, Ala. (May 3, 2023) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Deltek. The live, online event,
    Read More →: Construction Business Owner Magazine & Deltek Present Webinar: ‘Get Paid Faster With Cash Flow Management’
  • Total Construction Jumps in March to 3-Month High, Bolstered by Nonbuilding Strength

    HAMILTON, N.J. (April 20, 2023) — Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential
    Read More →: Total Construction Jumps in March to 3-Month High, Bolstered by Nonbuilding Strength
  • Hino Trucks Partners to Distribute Battery Electric Heavy-Duty Tractors

    ANAHEIM, Calif —  Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor. This tractor will utilize Hexagon Purus’ proprietary zero-emission technology, including
    Read More →: Hino Trucks Partners to Distribute Battery Electric Heavy-Duty Tractors
  • ABC’s March Construction Backlog Indicator Down to Lowest Level Since August 2022

    WASHINGTON (April 11, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20
    Read More →: ABC’s March Construction Backlog Indicator Down to Lowest Level Since August 2022
  • Construction Business Owner Magazine & Rivet Present Webinar: ‘Adopting Labor Operations Software for Contractors’

    BIRMINGHAM, Ala. (April 24, 2023) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Rivet. The live, online event,
    Read More →: Construction Business Owner Magazine & Rivet Present Webinar: ‘Adopting Labor Operations Software for Contractors’

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