LOS ANGELES (July 29, 2020)—Tutor Perini Corporation reported results for the 3 months ended June 30, 2020. Revenue was $1.3 billion, up 13% compared to $1.1 billion for the second quarter of last year.
Birmingham, Ala. (July 29, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
WASHINGTON (July 22, 2020)—Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute of Architects (AIA).
NEW JERSEY (July 22, 2020)—The COVID-19 pandemic and resulting recession have wreaked havoc on United States building markets.
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.
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 to the American Institute of Architects’ (AIA) Consensus Construction Fore
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 the COVID-19 induced declines in March and April.
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 June 2019 level.
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 and reduced revenue for firms coast to coast.
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.
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.
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.