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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 Indicator Flat in July; Contractor Confidence Falls

    WASHINGTON (Aug. 2, 2021) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator remained unchanged at 8.5 months in July, according to an ABC member survey conducted July 20-Aug.
    Read More →: ABC’s Construction Backlog Indicator Flat in July; Contractor Confidence Falls
  • Senate Approves $550B Infrastructure Bill in Bipartisan Effort

    WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in
    Read More →: Senate Approves $550B Infrastructure Bill in Bipartisan Effort
  • AEC Firms Are Twice as Likely to Face Ransomware Attacks as Other Industries

    MOUNTAIN VIEW, Calif. (Aug. 4, 2021) — Egnyte has published a research report that analyzes reported ransomware incidents among its architecture, engineering and construction (AEC) industry customers. While the attacks were not due to any vulnerabilities
    Read More →: AEC Firms Are Twice as Likely to Face Ransomware Attacks as Other Industries
  • Manitowoc to Acquire the Crane Business of H&E Equipment Services

    MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire
    Read More →: Manitowoc to Acquire the Crane Business of H&E Equipment Services
  • Nonresidential Construction Adds Only 2,900 Jobs in July

    WASHINGTON (Aug. 6, 2021) —The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics.
    Read More →: Nonresidential Construction Adds Only 2,900 Jobs in July
  • AGC Launches Initiative to Address Climate Change

    ARLINGTON, Va. (Aug. 2, 2021) — Construction officials have outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate
    Read More →: AGC Launches Initiative to Address Climate Change
  • Construction Employment Lags Or Matches Pre-Pandemic Level In 101 Metro Areas

    ARLINGTON, Va. (July 28, 2021) — Construction employment declined or stagnated in 101 metro areas between February 2020, the last month before the pandemic, and last month, according to an analysis by the
    Read More →: Construction Employment Lags Or Matches Pre-Pandemic Level In 101 Metro Areas
  • Mi-T-M Corporation Celebrates 50 Years of Business

    PEOSTA, Iowa (July 30, 2021) — The Mi-T-M Corporation is celebrating its 50th anniversary in 2021. The company was founded in 1971 by A.J. Spiegel who engineered and developed the very
    Read More →: Mi-T-M Corporation Celebrates 50 Years of Business
  • Simon A. Meester Named President of Genie

    NORWALK, Conn. (July 28, 2021) – John L. Garrison, Jr., chairman, president and chief executive officer of Terex Corporation, has announced that Simon A. Meester has been appointed president of Genie, effective August
    Read More →: Simon A. Meester Named President of Genie
  • State Construction Unemployment Rates Down in 45 States From a Year Ago

    WASHINGTON, (July 28, 2021) — The not seasonally adjusted (NSA) national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates
    Read More →: State Construction Unemployment Rates Down in 45 States From a Year Ago
  • Architecture Billings Index Robust Growth Continues

    WASHINGTON (July 21, 2021) — Architecture firms reported increasing demand for design services in June according to a new report from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score
    Read More →: Architecture Billings Index Robust Growth Continues
  • Maria Silva Joins JLG & JERR-DAN as Vice President of Human Resources

    MCCONNELLSBURG, Pa. (July 27, 2021) — JLG Industries, Inc. and Jerr-Dan Corporation, LLC have announced that Maria Silva has been named vice president of human resources for the Access Segment. In her
    Read More →: Maria Silva Joins JLG & JERR-DAN as Vice President of Human Resources

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