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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.

  • Dodge Momentum Index Drops in March
    HAMILTON, N.J. (April 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, slipped 8.6% in March to 183.7 (2000=100) from the revised February reading of 201.0. In
    Read More →: Dodge Momentum Index Drops in March

  • Construction Business Owner Magazine & Quickbase Present Webinar: ‘Maximizing Productivity & Minimizing Costs: Building a Master Plan for Construction Project Data’
    BIRMINGHAM, Ala. (April 12, 2023) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Quickbase. The live, online event,
    Read More →: Construction Business Owner Magazine & Quickbase Present Webinar: ‘Maximizing Productivity & Minimizing Costs: Building a Master Plan for Construction Project Data’

  • Construction Employment Decreases By 9,000 in March, Says ABC
    WASHINGTON (April 7, 2023) — The construction industry lost 9,000 jobs on net in March, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Bureau
    Read More →: Construction Employment Decreases By 9,000 in March, Says ABC

  • Total Construction Moves Higher in February
    HAMILTON, NJ (March 21, 2023) — 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
    Read More →: Total Construction Moves Higher in February

  • ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February
    WASHINGTON (March 14, 2023) — Associated Builders and Contractors (ABC) reported that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20
    Read More →: ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February

  • Dodge Momentum Index Gets a Boost in February
    HAMILTON, N.J. (March 7, 2023) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, advanced 1.9% in February to 203.0 (2000=100) from the revised January reading of 199.3. In
    Read More →: Dodge Momentum Index Gets a Boost in February

  • Doosan Bobcat Announces Global Brand Strategy; Forklift, Portable Power and Industrial Air Transition to Bobcat Brand
    WEST FARGO, N.D. (March 9, 2023) — Doosan Bobcat Inc., a company within Doosan Group, has announced its global branding strategy to create business and growth opportunities for the Doosan Bobcat
    Read More →: Doosan Bobcat Announces Global Brand Strategy; Forklift, Portable Power and Industrial Air Transition to Bobcat Brand

  • ABC: Nonresidential Construction Spending Inches Higher in January
    WASHINGTON (March 1, 2023) — National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau.
    Read More →: ABC: Nonresidential Construction Spending Inches Higher in January

  • Total Construction Starts Slip in January
    HAMILTON, NJ (Feb. 22, 2023) — Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential
    Read More →: Total Construction Starts Slip in January

  • Construction Business Owner Magazine & Divvy Present Webinar: ‘Modern Expense Policies for Construction Companies’
    BIRMINGHAM, Ala. (Feb. 27, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Divvy. The live, online event,
    Read More →: Construction Business Owner Magazine & Divvy Present Webinar: ‘Modern Expense Policies for Construction Companies’

  • U.S. Labor Market Still Tight; Monthly Producer Inflation Accelerates
    WASHINGTON (Feb. 16, 2023) — The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience despite tighter monetary policy. Other
    Read More →: U.S. Labor Market Still Tight; Monthly Producer Inflation Accelerates

  • Hino Motors Manufacturing U.S.A. Announces New Management Structure
    NOVI, Mich. (Feb. 14, 2023) — Hino Motors Manufacturing U.S.A. Inc. announced a new management structure that places emphasis on North American expertise and a refined focus on responsibilities. The new
    Read More →: Hino Motors Manufacturing U.S.A. Announces New Management Structure

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