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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.

  • October Construction Starts Fall 11%
    New York, New York (Nov. 18, 2019)’New construction starts declined 11% in October to a seasonally adjusted annual rate of $696.3 billion, according to’Dodge Data & Analytics. This is the third
    Read More →: October Construction Starts Fall 11%

  • Equipment Leasing & Finance Industry Confidence Up in November
    Washington, D.C. (Nov. 14, 2019)’The’Equipment Leasing & Finance Foundation’has released the November 2019’Monthly Confidence Index for the Equipment Finance Industry'(MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment
    Read More →: Equipment Leasing & Finance Industry Confidence Up in November

  • What to Expect in Construction Next Year: Key Points From the 2020 Construction Outlook
    Dodge predicts construction starts will decline 4% in 2020 to $776 billion. The most notable drops by sector are residential (forecasted to decrease by 6% from 2019) and nonresidential buildings and
    Read More →: What to Expect in Construction Next Year: Key Points From the 2020 Construction Outlook

  • 84 Lumber Closes On $310M Loan To Fuel Expansion, Investment In IT
    EIGHTY FOUR, Pa. (Nov. 14, 2019) ”84 Lumber Company’announced’the company has entered into a new 7-year $310 million Senior Secured Term Loan B Facility and 5-year $400 million Asset Based Revolving
    Read More →: 84 Lumber Closes On $310M Loan To Fuel Expansion, Investment In IT

  • U.S. DOL Releases Updated Technical Assistance Guide for Construction Industry
    WASHINGTON'(Nov. 13, 2019)”’The United States Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released a comprehensive Technical Assistance Guide (TAG) for the construction industry. The guide will assist
    Read More →: U.S. DOL Releases Updated Technical Assistance Guide for Construction Industry

  • Port of Alaska Gets $25M Federal Grant
    Last week, the United States Department of Transportation’awarded a $25 million grant’to the Port of Alaska through the department’s Better Utilizing Investment to Leverage Development (BUILD) program.
    Read More →: Port of Alaska Gets $25M Federal Grant

  • The AP’s 2-Year Investigation Finds 1,680 Dams Pose Potential Risks
    A’2-year investigation by the Associated Press’found that at least 1,680 dams across the United States pose risks to the residents in the areas surrounding them. The AP reviewed federal data and
    Read More →: The AP’s 2-Year Investigation Finds 1,680 Dams Pose Potential Risks

  • Tutor Perini & Skanska Report Profit Gains in Q3
    Tutor Perini’released its third quarter results last week, announcing record quarterly operating cash of $222.9 million. Skanska reported an operating profit of $221.6 million (2.15 billion Swedish kronor) in the third
    Read More →: Tutor Perini & Skanska Report Profit Gains in Q3

  • Dodge Momentum Index Moves Higher in October 2019
    New York, New York (Nov. 7, 2019)’The Dodge Momentum Index increased 6.9% in October to 152.6 (2000=100) from the revised September reading of 142.7. The Momentum Index, issued by’Dodge Data &
    Read More →: Dodge Momentum Index Moves Higher in October 2019

  • Restoration Builders Inc. Continues Expansion With Acquisition of Roofscapes Exteriors LLC
    Scottsdale, Arizona (Nov. 6, 2019)’Restoration Builders Inc.’has announced the signing of an asset purchase agreement for the acquisition of Roofscapes Exteriors LLC, headquartered in Tulsa, Oklahoma.
    Read More →: Restoration Builders Inc. Continues Expansion With Acquisition of Roofscapes Exteriors LLC

  • ODOT Announces Nearly $105 Million in Grants for Public Transit
    Columbus, Ohio (Oct. 27, 2019)’Public transportation agencies across Ohio will soon benefit from millions of dollars to help with operations and improve mobility throughout the state. Nearly $70 million will come
    Read More →: ODOT Announces Nearly $105 Million in Grants for Public Transit

  • AIA Calls for US to Reverse Withdrawal From Paris Climate Agreement
    Washington, D.C.'(Nov. 5, 2019)’The American Institute of Architects (AIA) issued a statement today following the decision by President Trump to officially withdraw from the Paris climate accord.
    Read More →: AIA Calls for US to Reverse Withdrawal From Paris Climate Agreement

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