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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.

  • Skanska Releases Q2 Profit Results
    Swedish construction firm Skanska posted its 2020 second quarter results, and like many in the industry, felt the effects of the ongoing global pandemic. Here are the high points:  Revenue decreased 5%,
    Read More →: Skanska Releases Q2 Profit Results

  • Autodesk Acquires Pype
    SAN RAFAEL, Calif. (July 22, 2020) — Autodesk, Inc. announced it has signed a definitive agreement to acquire Pype, a provider of cloud-based solutions for automating construction project management workflows. The acquisition will empower general contractors,
    Read More →: Autodesk Acquires Pype

  • COVID-19 Crushes Construction Starts in Most Metro Areas During First-Half 2020
    NEW JERSEY (July 22, 2020)—The COVID-19 pandemic and resulting recession have wreaked havoc on United States building markets. According to Dodge Data & Analytics, commercial and multifamily starts were quite healthy during
    Read More →: COVID-19 Crushes Construction Starts in Most Metro Areas During First-Half 2020

  • Construction Business Owner Magazine & AvidXchange Present Webinar: ‘5 Tips to Protect Your Construction Business Against Financial Fraud’
    Birmingham, Ala. (July 20, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with AvidXchange. The live, online event, “5 Tips
    Read More →: Construction Business Owner Magazine & AvidXchange Present Webinar: ‘5 Tips to Protect Your Construction Business Against Financial Fraud’

  • Construction Employment Sees Mixed Results in June
    NATIONAL (July 17, 2020)—Construction employment increased from May to June in 31 states and the District of Columbia, but the gains may have stalled, according to an analysis by the Associated General Contractors
    Read More →: Construction Employment Sees Mixed Results in June

  • Nonresidential Building Spending to Decline Through 2021
    WASHINGTON (July 21, 2020)—As a result of the partially shutdown economy, businesses and organizations will continue to be hesitant to invest in modernized or new facilities, according to a mid-year update
    Read More →: Nonresidential Building Spending to Decline Through 2021

  • Construction Starts Show Additional Gains in June
    NEW JERSEY (July 16, 2020)—Total construction starts increased 6% in June to a seasonally adjusted annual rate of $641.4 billion. This marks the second consecutive monthly gain in construction starts following
    Read More →: Construction Starts Show Additional Gains in June

  • ABC’s Construction Backlog Indicator Up in June; Contractor Optimism Grows
    WASHINGTON—Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May’s reading. CBI is down approximately 8% from its
    Read More →: ABC’s Construction Backlog Indicator Up in June; Contractor Optimism Grows

  • PSMJ Report: Construction Proposal Activity Slammed in Q2
    NEWTON, Massachusetts–Proposal activity for architecture, engineering and construction (AEC) firms sank to its lowest quarterly level in over a decade in the second quarter of 2020, as the coronavirus-related downturn trimmed backlog
    Read More →: PSMJ Report: Construction Proposal Activity Slammed in Q2

  • New Report Finds Heavy Civil Construction Less Impacted by COVID-19 than Commercial Construction
    HAMILTON, N.J. (July 8, 2020)—Heavy civil construction is deemed essential to our economy and has continued in many jurisdictions throughout the economic shutdown. However, data from The Civil Quarterly (TCQ), a
    Read More →: New Report Finds Heavy Civil Construction Less Impacted by COVID-19 than Commercial Construction

  • Monthly Construction Input Prices Rise in June, Says ABC
    WASHINGTON (July 10, 2020)—Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of United States Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction
    Read More →: Monthly Construction Input Prices Rise in June, Says ABC

  • Dodge Momentum Index Loses Ground in June
    HAMILTON, NEW JERSEY (July 8, 2020)—The Dodge Momentum Index dropped 6.6% in June to 121.5 from the revised May reading of 130.1. The Momentum Index, issued by Dodge Data & Analytics, is a
    Read More →: Dodge Momentum Index Loses Ground in June

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