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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.

  • Construction Business Owner Magazine & Deltek Present Webinar: ‘The Basics of Construction Accounting’

    BIRMINGHAM, Ala. (Jan. 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: ‘The Basics of Construction Accounting’
  • CBO Magazine & Digital Media Announces Return of Sustainability VIP Honor for 2023

    BIRMINGHAM, Ala. (Dec. 28, 2022) — Construction Business Owner (CBO), the leading business magazine for contractors, is pleased to announce the return of its Sustainability VIP honor, a special initiative designed to recognize the
    Read More →: CBO Magazine & Digital Media Announces Return of Sustainability VIP Honor for 2023
  • Commercial, Institutional & Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019

    WASHINGTON (Dec. 13, 2022) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator increased to 9.2 months in November, according to an ABC member survey conducted Nov. 21
    Read More →: Commercial, Institutional & Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019
  • Fed Set to Extend Inflation Fight With 7th Rate Hike of 2022

    WASHINGTON (Dec. 14, 2022) — After four straight three-quarter-point interest rate hikes, the Federal Reserve is set to announce a smaller half-point increase in its key rate Wednesday, a first step
    Read More →: Fed Set to Extend Inflation Fight With 7th Rate Hike of 2022
  • Dodge Momentum Index Advances in November

    HAMILTON, N.J. (Dec. 7, 2022) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 3.8% (2000=100) in November to 207.2 from the revised October reading of 199.6. During
    Read More →: Dodge Momentum Index Advances in November
  • Construction Employment Increases by 20,000 in November, Says ABC

    WASHINGTON (Dec. 2, 2022) — The construction industry added 20,000 jobs on net in November, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S.
    Read More →: Construction Employment Increases by 20,000 in November, Says ABC
  • Total Construction Starts Increase in October

    HAMILTON, N.J. (Nov. 17, 2022) — Total construction starts rose 8% in October to a seasonally adjusted annual rate of $1.12 trillion, according to Dodge Construction Network. In October, nonresidential building starts
    Read More →: Total Construction Starts Increase in October
  • Construction Business Owner Magazine & Divvy Present Webinar: ‘How to Set Up Systems & Processes to Save Time in 2023’

    BIRMINGHAM, Ala. (Nov. 21, 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: ‘How to Set Up Systems & Processes to Save Time in 2023’
  • United Rentals to Acquire Ahern Rentals for $2B

    STAMFORD, Conn. (Nov. 14, 2022) — United Rentals, Inc. today announced that the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately
    Read More →: United Rentals to Acquire Ahern Rentals for $2B
  • ABC: Construction Backlog and Contractor Confidence Waver in October

    WASHINGTON (Nov. 15, 2022) — Associated Builders and Contractors (ABC) reports today that its Construction Backlog Indicator declined to 8.8 months in October, according to an ABC member survey conducted October
    Read More →: ABC: Construction Backlog and Contractor Confidence Waver in October
  • Construction Business Owner Magazine & Avetta Present Webinar: ‘Risks That Can Kill’

    BIRMINGHAM, Ala. (Nov. 8, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Avetta. The live, online event,
    Read More →: Construction Business Owner Magazine & Avetta Present Webinar: ‘Risks That Can Kill’
  • Dodge Momentum Index Continues to Climb in October

    HAMILTON, N.J. (Nov. 7, 2022) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 9.6% (2000=100) in October to 199.7 from the revised September reading of 182.2. During
    Read More →: Dodge Momentum Index Continues to Climb in October

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