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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 & PeerAssist Present Webinar: ‘Technology in Construction: 3 Considerations for Choosing & Implementing the Right Solutions for Your Business’

    BIRMINGHAM, Ala. (Jan. 27, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with PeerAssist. The live, online event,
    Read More →: Construction Business Owner Magazine & PeerAssist Present Webinar: ‘Technology in Construction: 3 Considerations for Choosing & Implementing the Right Solutions for Your Business’
  • AGC Expects OSHA Vaccine Mandate Withdrawal Will Ease Labor Challenges

    ARLINGTON, Va. (Jan. 25, 2022) — Construction employment in December remained below levels reached just before the start of the pandemic in more than half of states as firms struggled to
    Read More →: AGC Expects OSHA Vaccine Mandate Withdrawal Will Ease Labor Challenges
  • Total Construction Flat in December

    HAMILTON, N.J. (Jan. 19, 2022) — Total construction starts were flat in December with a seasonally adjusted annual rate of $879.3 billion, according to Dodge Construction Network. Residential construction starts gained
    Read More →: Total Construction Flat in December
  • Monthly Construction Input Prices Increase in December, Says ABC

    WASHINGTON (Jan. 13, 2022) ‘ Construction input prices rose 0.6% in December compared to the previous month, according to an’Associated Builders and Contractors'(ABC) analysis of U.S. Bureau of Labor Statistics’ Producer
    Read More →: Monthly Construction Input Prices Increase in December, Says ABC
  • Engineering USA Acquires Movilitas, Strengthening the Portfolio & Expertise of the Engineering Group’s Industries eXcellence Global Division

    CHICAGO (Jan. 11, 2022)’ ‘ Engineering’USA, the North American subsidiary of the’Engineering Group, has completed the acquisition of Movilitas, an industry frontrunner in digital supply chain and digital manufacturing consulting services
    Read More →: Engineering USA Acquires Movilitas, Strengthening the Portfolio & Expertise of the Engineering Group’s Industries eXcellence Global Division
  • Construction Firms Foresee Growing Demand for Most Types of Projects

    ARLINGTON, Va. (Jan. 12, 2022) — Construction contractors expect increasing demand for numerous types of projects in 2022 despite ongoing supply chain and labor challenges, as most firms plan to add
    Read More →: Construction Firms Foresee Growing Demand for Most Types of Projects
  • Construction Costs Up 7.42% Over the Past 12 Months

    PHOENIX, Ariz. (Jan. 9, 2022) — International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its new Quarterly Cost Report (QCR) for North America. With data current to mid-fourth-quarter and
    Read More →: Construction Costs Up 7.42% Over the Past 12 Months
  • Dodge Momentum Index Declines in December

    HAMILTON, N.J. (Jan. 7, 2022) — The Dodge Momentum Index fell 3% in December 2021 to 166.4, down from the revised November reading of 170.7. The Momentum Index, issued by Dodge Construction
    Read More →: Dodge Momentum Index Declines in December
  • Foundation Software Announces Acquisition of Estimating Edge Software

    STRONGSVILLE, Ohio (Jan. 6, 2022) — Foundation Software has announced the acquisition of Estimating Edge, developer of The Edge commercial construction estimating, project management tracking and takeoff software. This acquisition further enables
    Read More →: Foundation Software Announces Acquisition of Estimating Edge Software
  • CBO Magazine & Digital Media Announces Return of Sustainability VIP Honor for 2022

    BIRMINGHAM, Ala. (Jan. 3, 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
    Read More →: CBO Magazine & Digital Media Announces Return of Sustainability VIP Honor for 2022
  • Tight Labor Market, Supply Chain Limit Employment Gain

    ARLINGTON, Va. (Dec. 22, 2021) — Construction employment increased in nearly two out of three U.S. metro areas between November 2020 and November 2021, according to an analysis by the Associated General Contractors
    Read More →: Tight Labor Market, Supply Chain Limit Employment Gain
  • Hyundai Construction Equipment to Invest $170 Million’to Expand Production Capacity by 50%

    NORCROSS, Ga. (Dec. 28, 2021) — Hyundai Construction Equipment Americas, Inc., recently announced that its parent company, Hyundai Construction Equipment (HCE), plans to invest $170 million in its Ulsan, South Korea, factory
    Read More →: Hyundai Construction Equipment to Invest $170 Million’to Expand Production Capacity by 50%

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