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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.

  • Monthly Construction Input Prices Rise 1.3% in April, Says ABC

    WASHINGTON (May 13, 2021) — Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price
    Read More →: Monthly Construction Input Prices Rise 1.3% in April, Says ABC
  • Dodge Momentum Index Increases In April

    HAMILTON, N.J. (May 7, 2021) – The latest  Dodge Momentum Index from Dodge Data & Analytics posted an 8.6% gain in April, climbing to 162.4 (2000=100) from the revised reading of 149.5 in March.
    Read More →: Dodge Momentum Index Increases In April
  • Procore Acquires Construction Artificial Intelligence Company INDUS.AI

    CARPINTERIA, Calif. (May, 6, 2021) — Procore Technologies, Inc., a leading provider of construction management software, has announced it has acquired INDUS.AI, makers of an artificial intelligence-powered analytics platform for the construction industry.
    Read More →: Procore Acquires Construction Artificial Intelligence Company INDUS.AI
  • ??????Labor Department Withdraws Independent Contractor Rule; What You Need to Know

    WASHINGTON (May 5, 2021) — The United States Department of Labor has announced the withdrawal of the controversial “Independent Contract Rule” — effective May 6. According to a fact sheet released on the department website,
    Read More →: ??????Labor Department Withdraws Independent Contractor Rule; What You Need to Know
  • Nonresidential Construction Lags as Pandemic Lingers

    WASHINGTON (May 3, 2021) — The United States Department of Commerce revealed that construction spending gained just 0.2% in March, despite predictions from the industry expecting a 1.9% increase. Spending is still
    Read More →: Nonresidential Construction Lags as Pandemic Lingers
  • United States’Department of Labor Encourages Industry Employers, Stakeholders to Join OSHA’s National Safety Stand-Down to Prevent Falls in Construction

    WASHINGTON (May 3, 2021) – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced today that it has scheduled the eighth annual National Stand-Down to Prevent Falls in Construction
    Read More →: United States’Department of Labor Encourages Industry Employers, Stakeholders to Join OSHA’s National Safety Stand-Down to Prevent Falls in Construction
  • Construction Companies Can Be 655% Safer With These Best Practices, Says ABC Report

    WASHINGTON (April 30, 2021) — Associated Builders and Contractors (ABC) recently published their 2021 Safety Performance Report, an annual assessment that furthers the construction industry’s understanding of how to achieve world-class safety by deploying its
    Read More →: Construction Companies Can Be 655% Safer With These Best Practices, Says ABC Report
  • New Data Shows Work-Zone Fatalities at Highest Level Since 2006

    WASHINGTON (April 28, 2021) – According to the Federal Highway Administration (FHWA) in 2019, the most recent year for which data is available, 842 people died in highway work-zone crashes compared to
    Read More →: New Data Shows Work-Zone Fatalities at Highest Level Since 2006
  • Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC

    WASHINGTON (April 28, 2021) — Construction employment is holding its own, although it is not back to pre-pandemic levels, according to state-by-state analysis of United States Bureau of Labor Statistics data released by Associated Builders
    Read More →: Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC
  • Doosan Bobcat Completes $26M Expansion of Litchfield Manufacturing Facility

    WEST FARGO, N.D. (April 22, 2021) – Doosan Bobcat North America is celebrating the completion of a $26 million expansion at its manufacturing facility in Litchfield, Minn. The 15-month project nearly
    Read More →: Doosan Bobcat Completes $26M Expansion of Litchfield Manufacturing Facility
  • The Alternate Infrastructure Bill: What’s Inside & Why It Matters

    WASHINGTON (April 23, 2021) — The Republican Party has drafted an alternate infrastructure plan to the one proposed by President Biden. This proposal would cut infrastructure spending by up to 75% — $568
    Read More →: The Alternate Infrastructure Bill: What’s Inside & Why It Matters
  • Construction Looking to Hire Reentering Citizens

    WASHINGTON (April 21, 2021) – During Second Chance Month, Associated Builders and Contractors (ABC) has highlighted the programs, partnerships and involvement of its chapters and members across the country in educating, upskilling
    Read More →: Construction Looking to Hire Reentering Citizens

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