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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 Backlog Down 13% Year over Year in July

    WASHINGTON (August 11, 2020)—Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 7.8 months in July, a decrease of 0.3 months from the June reading, according to an ABC member survey conducted from
    Read More →: Construction Backlog Down 13% Year over Year in July
  • OSHA Reschedules 7th Annual National Safety Stand-Down to Prevent Falls

    WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) announced that the seventh annual National Stand-Down to Prevent Falls in Construction has been rescheduled for September 14-18, 2020. While
    Read More →: OSHA Reschedules 7th Annual National Safety Stand-Down to Prevent Falls
  • Hilti Announces Its First Exoskeleton

    PLANO, Texas (July 23, 2020)—Hilti North America announced a new innovation that is more connected to its customers than any tool of its time, the EXO-O1 wearable exoskeleton. Hilti’s new human
    Read More →: Hilti Announces Its First Exoskeleton
  • Jacobs Engineering Group Reports Positive Q3 Fiscal Year 2020 Results

    DALLAS (August 3, 2020)—Jacobs Engineering Group Inc. recently announced its financial results for the fiscal third quarter ended June 26, 2020. Q3 2020 Highlights: Gross revenue of $3.3 billion (an increase of 2.9%
    Read More →: Jacobs Engineering Group Reports Positive Q3 Fiscal Year 2020 Results
  • AECOM Reports Mixed Results in Q3 Fiscal Year 2020

    LOS ANGELES (August 4, 2020)—AECOM recently reported third quarter fiscal year 2020 results.  Q3 2020 Highlights: Revenue in the third quarter was $3.2 billion, and net service revenue was unchanged compared to the prior
    Read More →: AECOM Reports Mixed Results in Q3 Fiscal Year 2020
  • Construction Spending Drops Slightly in June, ABC Says

    WASHINGTON (August 3, 2020)’National nonresidential construction spending declined 0.2% in June, according to an’Associated Builders and Contractors’analysis of data published’by the United States Census Bureau. On a seasonally adjusted, annualized basis,
    Read More →: Construction Spending Drops Slightly in June, ABC Says
  • Tutor Perini Reports Revenue Growth of 13% in Q2 2020

    LOS ANGELES (July 29, 2020)—Tutor Perini Corporation reported results for the 3 months ended June 30, 2020. Revenue was $1.3 billion, up 13% compared to $1.1 billion for the second quarter
    Read More →: Tutor Perini Reports Revenue Growth of 13% in Q2 2020
  • 225 of 358 Metro Areas Shed Construction Jobs in June, AGC Says

    NATIONAL—Construction employment decreased in 225 (62%) out of 358 metro areas between June 2019 and last month despite widespread increases from May to June, according to an analysis of new government data that
    Read More →: 225 of 358 Metro Areas Shed Construction Jobs in June, AGC Says
  • Construction Output Drops Significantly Due to COVID-19, Says ABC

    WASHINGTON (July 30, 2020)—The United States economy contracted at an annualized rate of 32.9% during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data released by the U.S.
    Read More →: Construction Output Drops Significantly Due to COVID-19, Says ABC
  • Construction Business Owner Magazine & Procore Present Webinar: ‘The Power of Platform Technology’

    Birmingham, Ala. (July 29, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore. The live, online event, “The Power
    Read More →: Construction Business Owner Magazine & Procore Present Webinar: ‘The Power of Platform Technology’
  • AIA Billings Remain Negative, But Begin to Stabilize

    WASHINGTON (July 22, 2020)—Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute
    Read More →: AIA Billings Remain Negative, But Begin to Stabilize
  • U.S. DOL Issues Revised Rule Concerning OSHA Access to Employee Medical Records

    WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) has revised the Rules of Agency Practice and Procedure Concerning Occupational Safety and Health Administration Access to Employee Medical Records.
    Read More →: U.S. DOL Issues Revised Rule Concerning OSHA Access to Employee Medical Records

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