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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.

  • ABC’s Construction Backlog Inches Lower in June; Contractor Confidence Falters
    WASHINGTON (July 12, 2022) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator fell 0.1 months in June and stands at 8.9 months, according to an ABC member
    Read More →: ABC’s Construction Backlog Inches Lower in June; Contractor Confidence Falters

  • Construction Business Owner Magazine & Deltek + ComputerEase Present Webinar: ‘How Work in Progress Can Work for You’
    BIRMINGHAM, Ala. (June 7 , 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Deltek + ComputerEase. The
    Read More →: Construction Business Owner Magazine & Deltek + ComputerEase Present Webinar: ‘How Work in Progress Can Work for You’

  • President Biden Calls on Congress for a Three-Month Federal Gas Tax Holiday
    WASHINGTON (June 22, 2022) — The White House announced President Biden is calling on Congress and states to take additional legislative action to provide direct relief to American consumers who have
    Read More →: President Biden Calls on Congress for a Three-Month Federal Gas Tax Holiday

  • FlowForma Raises $4.2M & Creates 70 Jobs in New Phase of Growth & Global Expansion
    DUBLIN (June 21, 2022) — FlowForma aims to maintain its position as a leader in the fast-growing ‘no code’ software market with a funding round that raised $4.2M million from new
    Read More →: FlowForma Raises $4.2M & Creates 70 Jobs in New Phase of Growth & Global Expansion

  • Dodge Construction Network Reports 4% Increase in May Total Construction Starts
    HAMILTON, N.J. (June 17, 2022) — Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose
    Read More →: Dodge Construction Network Reports 4% Increase in May Total Construction Starts

  • ABC’s Construction Backlog Rises in May; Contractor Confidence Falters
    WASHINGTON (June 14, 2022) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC
    Read More →: ABC’s Construction Backlog Rises in May; Contractor Confidence Falters

  • Caterpillar to Relocate Global Headquarters to Dallas-Fort Worth Area
    DEERFIELD, Ill. (June 14, 2022) — Caterpillar Inc. announced it will move its global headquarters to the company’s existing office in Irving, Texas, from its current location in Deerfield, Illinois. “We
    Read More →: Caterpillar to Relocate Global Headquarters to Dallas-Fort Worth Area

  • John Deere Announces New Global Agreement With Wacker Neuson on 0-9-Metric-Ton Excavators
    MOLINE, Ill. (June 14, 2022) — John Deere announced an expanded relationship with Wacker Neuson, a leading manufacturer of compact and construction machines, for 0-9-metric-ton excavators, to include North America. John
    Read More →: John Deere Announces New Global Agreement With Wacker Neuson on 0-9-Metric-Ton Excavators

  • Stack Construction Technologies Combats Pricing Volatility With BNi Building News Cost Data Partnership
    CINCINNATI (June 14, 2022) – Stack Construction Technologies announced today its partnership with construction industry cost data experts BNi Building News. Stack’s platform will integrate with BNi’s national and regional item cost
    Read More →: Stack Construction Technologies Combats Pricing Volatility With BNi Building News Cost Data Partnership

  • COWI Celebrates Completion of Multi-Million Design-Build Upgrade for Hugh L. Carey & Queens Midtown Tunnels in New York City
    NEW YORK (June 7, 2022) — COWI, in joint venture with CHA Consulting, Inc. (CHA) as the owner’s engineer, provided quality oversight to support the Triborough Bridge and Tunnel Authority (TBTA)
    Read More →: COWI Celebrates Completion of Multi-Million Design-Build Upgrade for Hugh L. Carey & Queens Midtown Tunnels in New York City

  • Dodge Momentum Index Shows Gains in May
    HAMILTON, N.J. (June 7, 2022) — The Dodge Momentum Index (DMI) jumped 7% in May to 176.2 (2000=100), up from the revised April reading of 165.2. The Momentum Index, issued by
    Read More →: Dodge Momentum Index Shows Gains in May

  • Construction Business Owner Magazine & DivvyPay Inc. Present Webinar: ‘5 Ways Construction Businesses Can Cut Costs & Improve Cash Flow in 2022’
    BIRMINGHAM, Ala. (May 24, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with DivvyPay Inc. The live, online
    Read More →: Construction Business Owner Magazine & DivvyPay Inc. Present Webinar: ‘5 Ways Construction Businesses Can Cut Costs & Improve Cash Flow in 2022’

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