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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.

  • Dodge Momentum Index Increases in September
    NEW JERSEY (October 7, 2020)—The Dodge Momentum Index rose 3.7% in September to 130.8 from the revised August reading of 126.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly
    Read More →: Dodge Momentum Index Increases in September

  • What to Learn from RLB’s Q3 2020 North American Construction Cost Report
    Construction-put-in-place during July 2020 was estimated at $1,346.6 billion, which was 0.1% below the revised estimate from July 2019, according to Rider Levett Bucknall’s (RLB) Third Quarter 2020 Construction Cost Report. Here’s
    Read More →: What to Learn from RLB’s Q3 2020 North American Construction Cost Report

  • Construction Spending Rises 1.4% In August As Residential Boom Outweighs Private Nonresidential Decline & Flat Public Categories
    WASHINGTON (October 1, 2020)—Construction spending increased by 1.4% in August as strong gains in residential construction outweighed decreases in most private nonresidential segments and many public categories, according to an analysis
    Read More →: Construction Spending Rises 1.4% In August As Residential Boom Outweighs Private Nonresidential Decline & Flat Public Categories

  • Nonresidential Construction Employment Expands in August
    WASHINGTON (October 2, 2020)—The construction industry added 26,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released by the United States Bureau of Labor Statistics. During the
    Read More →: Nonresidential Construction Employment Expands in August

  • Nonresidential Construction Spending Falls Slightly in August
    WASHINGTON (October 1, 2020)—National nonresidential construction spending fell 0.1% in August, according to an Associated Builders and Contractors analysis of data published by the United States Census Bureau. On a seasonally adjusted annualized basis, spending
    Read More →: Nonresidential Construction Spending Falls Slightly in August

  • Fluor Reports $1.7B Net Loss in Delayed Release of 2019 Results
    IRVING, Texas—Fluor Corporation announced financial results for its year ended December 31, 2019. Results for 2019 were a net loss from continuing operations of $1.7 billion, or $11.97 per diluted share, compared
    Read More →: Fluor Reports $1.7B Net Loss in Delayed Release of 2019 Results

  • U.S. Transportation Secretary Announces Millions in Grants for Rail & Airport Projects
    WASHINGTON—Last week, United States Secretary of Transportation Elaine L. Chao made two major announcements: The Trump Administration will award $335 million in airport safety and infrastructure grants through the Federal Aviation Administration (FAA) to
    Read More →: U.S. Transportation Secretary Announces Millions in Grants for Rail & Airport Projects

  • Architecture Billings in August Show Little Signs of Improvement
    WASHINGTON (Sept. 23, 2020)—Business conditions remained stalled at architecture firms during August as demand for design services continued to decline, according to a new report from the American Institute of Architects
    Read More →: Architecture Billings in August Show Little Signs of Improvement

  • What’s in the Q2 Marcum Commercial Construction Index
    NEW YORK—The Marcum Commercial Construction Index for the second quarter of 2020 reports that the industry is holding relatively well in the face of the COVID-19-driven recession. Construction employment has rebounded since plummeting in
    Read More →: What’s in the Q2 Marcum Commercial Construction Index

  • Construction Employment Declined In 39 States Year over Year, While 31 States & D.C. Added Jobs Between July & August
    NATIONAL (Sept. 18, 2020)—Thirty-nine states lost construction jobs between August 2019 and August 2020 while 31 states and the District of Columbia added construction jobs between July and August according to a
    Read More →: Construction Employment Declined In 39 States Year over Year, While 31 States & D.C. Added Jobs Between July & August

  • Construction Business Owner Magazine & Autodesk Present Webinar: ‘Strategies to Maximize Virtual Collaboration’
    Birmingham, Ala. (Sept. 21, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Autodesk. The live, online event, “Strategies to
    Read More →: Construction Business Owner Magazine & Autodesk Present Webinar: ‘Strategies to Maximize Virtual Collaboration’

  • U.S. Drops Tariffs on Canadian Aluminum
    WASHINGTON—After consultations with the Canadian government, the United States has determined that trade in non-alloyed, unwrought aluminum is likely to normalize in the last 4 months of 2020, with imports declining
    Read More →: U.S. Drops Tariffs on Canadian Aluminum

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