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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.

  • Trump to Divert $7.2B in Federal Funds to Border Wall
    This week, The Washington Post, The New York Times and The Wall Street Journal have all reported on internal plans by President Donald Trump’s administration to use an additional $7.2 billion in funds from
    Read More →: Trump to Divert $7.2B in Federal Funds to Border Wall

  • Local Governments Vote Resoundingly for Improved Efficiency in National Model Energy Code
    New Buildings Institute, along with other partners, helped raise awareness about the 2021 International Energy Conservation Code (IECC) vote.
    Read More →: Local Governments Vote Resoundingly for Improved Efficiency in National Model Energy Code

  • 4 Takeaways from Deloitte’s 2020 Construction & Engineering Industry Outlook
    Accounting services firm Deloitte recently released its 2020 Construction and Engineering Industry Outlook, which outlined the major trends that will drive the construction industry in 2020. In 2019, the ability to make
    Read More →: 4 Takeaways from Deloitte’s 2020 Construction & Engineering Industry Outlook

  • Dodge Momentum Index Moves Higher in December
    Hamilton, New Jersey (Jan. 8, 2020)—The Dodge Momentum Index increased 1.5% in December to 156.2 (2000=100) from the revised November reading of 153.9. The Momentum Index, issued by Dodge Data & Analytics,
    Read More →: Dodge Momentum Index Moves Higher in December

  • Bowers + Kubota Consulting Merges With Belt Collins Hawaii
    Hawaii, a planning, design and consulting firm, announced the merger of their two Kama’aina firms to offer enhanced services and capabilities to their clients. The transaction closed January 1, 2020 with
    Read More →: Bowers + Kubota Consulting Merges With Belt Collins Hawaii

  • U.S. Construction Spending Up 0.6% in November
    United States construction spending was up 0.6% in November 2019, according to a report released by the U.S. Census Bureau last week. November marks the fifth consecutive month in which spending
    Read More →: U.S. Construction Spending Up 0.6% in November

  • Gafcon Inc. Promotes Marty Glaske to Senior Vice President of Business Development
    San Diego, California (Jan. 6, 2019)—Gafcon Inc., a program, project and construction management firm that manages and directs complex projects both nationally and internationally, has promoted Marty Glaske to senior vice president of business development.
    Read More →: Gafcon Inc. Promotes Marty Glaske to Senior Vice President of Business Development

  • Trump to Sign ‘Phase 1’ of Trade Deal with China
    New year, new trade deal! In a potentially positive turn of events, the construction industry—and the economy as a whole—could see progress concerning the trade war between the United States and
    Read More →: Trump to Sign ‘Phase 1’ of Trade Deal with China

  • 2019 Sets New Record for Supertall Building Completion
    Chicago, Illinois (Dec. 12, 2019)—The Council on Tall Buildings and Urban Habitat (CTBUH) has released its annual report, “CTBUH Year in Review: Tall Trends of 2019,” part of the “Tall Buildings in Numbers”
    Read More →: 2019 Sets New Record for Supertall Building Completion

  • Brokk Upgrades Parts Warehouse for Faster Service
    Monroe, Washington (Dec. 11, 2019)—Brokk, a manufacturer of remote-controlled demolition machines, enhances customer service and parts availability with upgrades to the parts warehouse at its headquarters in Monroe, Washington. The new facility houses
    Read More →: Brokk Upgrades Parts Warehouse for Faster Service

  • Federal Lawmakers Reach Compromise over USMCA
    Let’s end this year on a positive note, shall we? With news from Washington, no less! Last week, federal lawmakers reached an accord concerning the United States-Mexico-Canada Agreement (USMCA). The skinny: House Democrats
    Read More →: Federal Lawmakers Reach Compromise over USMCA

  • 2020 Economic Outlook Forecasts 1.1% Expansion in Equipment & Software Investment, 1.7% GDP Growth
    Washington, D.C. (Dec. 11, 2019)—Investment in equipment and software is projected to expand 1.1% in 2020 while United States economic growth slows to 1.7%, according to the 2020 Equipment Leasing & Finance
    Read More →: 2020 Economic Outlook Forecasts 1.1% Expansion in Equipment & Software Investment, 1.7% GDP Growth

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