the latest

News

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 Business Owner Magazine & AvidXchange Present Webinar: ‘The Problem with Paper: 5 Ways Accounts Payable Automation Can Help’
    Birmingham, Ala. (May 26, 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, “The Problem
    Read More →: Construction Business Owner Magazine & AvidXchange Present Webinar: ‘The Problem with Paper: 5 Ways Accounts Payable Automation Can Help’

  • Architecture Billings Continue Historic Contraction
    WASHINGTON—Demand for design services in April saw its steepest decline on record, according to a new report from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 29.5
    Read More →: Architecture Billings Continue Historic Contraction

  • U.S. Housing Starts See Record Decrease in April
    WASHINGTON—This week, the United States Department of Commerce released data showing residential construction starts dropped 30.2% in April, marking the biggest one-month dip since the the government began tracking housing starts
    Read More →: U.S. Housing Starts See Record Decrease in April

  • OSHA Announces Availability of $11.5M In Worker Safety & Health Training Grants
    WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) today announced the availability of $11.5 million in Susan Harwood Training Grants for nonprofit organizations, including community and faith-based organizations, employer
    Read More →: OSHA Announces Availability of $11.5M In Worker Safety & Health Training Grants

  • U.S. FMCSA Issues Final Rule Modernizing Hours of Service
    The United States Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) published a final rule last week updating hours of service for commercial motor vehicle (CMV) drivers, addressing the exception
    Read More →: U.S. FMCSA Issues Final Rule Modernizing Hours of Service

  • SBA Provides Safe Harbor for Paycheck Protection Program Loans Under $2M
    This week, the United States Treasury and Small Business Administration issued additional guidance concerning the Coronavirus Aid, Relief and Economic Security (CARES) Act’s Paycheck Protection Program (PPP). The guidance is likely welcome news
    Read More →: SBA Provides Safe Harbor for Paycheck Protection Program Loans Under $2M

  • Nonresidential Construction Sees Record Loss in April
    WASHINGTON (May 8, 2020)—The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics.
    Read More →: Nonresidential Construction Sees Record Loss in April

  • Boston & Bay Area Reopen Construction’With Limitations
    This week, one of these two metropolitan areas announced plans to reopen construction and one returned to work after weeks of being shut down. Some construction firms will go back to work with specific
    Read More →: Boston & Bay Area Reopen Construction’With Limitations

  • AECOM Reports Record Backlog in Q2 Results
    (May 5, 2020)—Contracting giant AECOM reported its Q2 fiscal year 2020 results this week, which included a record-high backlog of $42 billion. The Los Angeles, California-based firm also reported near-record new
    Read More →: AECOM Reports Record Backlog in Q2 Results

  • Construction Employment Declines in 99 Metro Areas in March
    NATIONAL (April 28, 2020)—Construction employment declined in 99 out of 358 metro areas from March 2019 to last month as the coronavirus pandemic triggered the first shutdown orders and project cancellations,
    Read More →: Construction Employment Declines in 99 Metro Areas in March

  • Construction Resumes on Projects in 2 States
    This week, the governors of Pennsylvania and Washington both announced plans for construction to resume on some projects with certain limitations in place. Find out what you need to know below. 
    Read More →: Construction Resumes on Projects in 2 States

  • Construction Contractor Confidence Plummets in Response to COVID-19, Says ABC
    WASHINGTON (April 23, 2020)—Confidence among United States construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index. Readings for
    Read More →: Construction Contractor Confidence Plummets in Response to COVID-19, Says ABC

OUR DIGITAL PARTNERS

trending

From Our Partners