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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.

  • What’s in Trump’s $1T Infrastructure Plan
    NATIONAL—President Trump and his administration are working on an infrastructure proposal worth almost $1 trillion aimed at giving the volatile United States economy a much-needed boost.  The existing infrastructure plan—the FAST
    Read More →: What’s in Trump’s $1T Infrastructure Plan

  • AECOM Names New CEO
    LOS ANGELES (June 15, 2020) — AECOM announced the appointment of W. Troy Rudd to chief executive officer (CEO). Currently AECOM’s chief financial officer, Rudd will assume the role from Michael S.
    Read More →: AECOM Names New CEO

  • U.S. Residential Construction Rebounds 4.3% in May
    New home construction in the United States showed a positive return in May—good news after several months of decreasing numbers due in part to the coronavirus pandemic.  In particular, a rebound
    Read More →: U.S. Residential Construction Rebounds 4.3% in May

  • What Marcum’s Q1 Commercial Construction Index Says About the Effects of COVID-19
    New York City—The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19. Construction employment fell by nearly one million jobs from March to April
    Read More →: What Marcum’s Q1 Commercial Construction Index Says About the Effects of COVID-19

  • New York City Reopens Nonessential Construction
    New York City launched phase one of its reopening plan this week, including the restart of all construction projects deemed nonessential. City officials estimate this applies to approximately 23,000 construction sites.
    Read More →: New York City Reopens Nonessential Construction

  • Trump Signs New Law Easing PPP Loan Requirements
    Last week, President Trump signed into law a new bill that effectively relaxes Paycheck Protection Program loan requirements for many small businesses—the Paycheck Protection Forgiveness Act.  The law allows businesses a
    Read More →: Trump Signs New Law Easing PPP Loan Requirements

  • Construction Jobs Post Record Rebound in May
    WASHINGTON—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. May represented the
    Read More →: Construction Jobs Post Record Rebound in May

  • Construction Spending Drops 2.9% in April Amid Virus
    Construction spending dropped 2.9% in April, according to data released this week by the United States Commerce Department. The department cited the ongoing coronavirus pandemic and project shutdowns across the country
    Read More →: Construction Spending Drops 2.9% in April Amid Virus

  • OSHA Issues New Guidance to Protect Workers During COVID-19
    WASHINGTON—As the nation faces the coronavirus pandemic, the United States Department of Labor’s Occupational Safety and Health Administration (OSHA) is dedicated to keeping the American workforce safe and healthy. Principal Deputy Assistant
    Read More →: OSHA Issues New Guidance to Protect Workers During COVID-19

  • OSHA Issues Alert on Social Distancing To Keep Employees Safe at Work During the Coronavirus Pandemic
    WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) has issued an alert listing steps employers can follow to implement social distancing in the workplace and to help
    Read More →: OSHA Issues Alert on Social Distancing To Keep Employees Safe at Work During the Coronavirus Pandemic

  • Construction Business Owner Magazine & Viewpoint Present Webinar: ‘Using Data Analytics to Scale Your Business for the Future’
    Birmingham, Ala. (May 28, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Viewpoint. The live, online event, “Using Data
    Read More →: Construction Business Owner Magazine & Viewpoint Present Webinar: ‘Using Data Analytics to Scale Your Business for the Future’

  • ENR Releases 2020 Top 400 Contractors List
    (May 20, 2020)—Every year, Engineering News-Record (ENR) rounds up the best-performing contractors of the year in its list of the Top 400 Contractors. Published annually in May, the list ranks the 400
    Read More →: ENR Releases 2020 Top 400 Contractors List

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