Construction Industry News

HAMILTON, N.J.  (July 13, 2021) — The latest issue of the Civil Quarterly (TCQ) from Dodge Data & Analytics reveals that most civil contractors are optimistic about the volume of work they expect in 2021 and 2022, and they anticipate both revenue and profit margin increases for their companies as a result.

WASHINGTON (July 8, 2021) — The nation's leading building trade unions recently released an update to its first-of-its-kind report on the economic impact of the long-standing partnership between skilled craft unions and the biopharmaceutical industry. America's building trades helped drive $23.6 billion in investment across 14 states on major construction projects over $5 million active at any point between 2015 and 2020.

HAMILTON, N.J. (July 8, 2021) – Following 6 months of consecutive gains, the Dodge Momentum Index fell to 165.8 in June, down 5% from the revised May reading of 175.1.

ARLINGTON, Va. (July 7, 2021) — Construction employment declined by 7,000 between May and June as the industry still employs 238,000 fewer people than before the pandemic, according to an analysis of government data by the Associated General Contractors of America (AGC).

DUBUQUE, Iowa (June 18, 2021) — Spahn & Rose Lumber Co. has entered into an agreement to purchase Metro Building Products, based in Marietta, Georgia. The planned acquisition unites two successful longtime lumber and building-material companies.

WASHINGTON (July 1, 2021) — National nonresidential construction spending declined 0.7% in May, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.

SURFSIDE, Fla. (June 29, 2021) — More than 100 people are still unaccounted for after a collapse of a Florida condo building, The Champlain Towers South, on Thursday, June 24, 2021; 12 residents are confirmed dead. Despite the reported neglect of the building, a total collapse on this scale is still incredibly rare.

WASHINGTON (June 29, 2021) — Associated Builders and Contractors today announced that it has awarded an Inclusion, Diversity and Equity Initiative Grant to ABC of Michigan and its Greater Houston, Ohio Valley and Pacific Northwest chapters.

WASHINGTON (June 28, 2021) — After more than a decade leading The American Institute of Architects (AIA), Chief Executive Officer (CEO) Robert Ivy, FAIA, will retire at the end of 2021.

ARLINGTON, Va. (June 25, 2021) — Construction employment in May remained below the April level in 40 states and the District of Columbia, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials said skyrocketing materials prices and excessive delays in receiving key construction supplies were holding back the industry’s recovery.

DUBLIN (June 22, 2021) —  The global architectural services market size is anticipated to reach USD 474.36 billion by 2028, registering a compound annual growth rate (CAGR) of 4.7% over the forecast period.

SALT LAKE CITY, Utah (June 23, 2021) — Featuring a new wash building, facilities for both satellite and integrated diesel fueling with an existing CNG bus fueling building, and a parking lot for employees and visitors of Utah Transit Authority (UTA), Big-D Construction recently marked the completion of its first phase of UTA’s Depot District Clean Fuels Technology Center (DDCFTC). 

DENVER (June 21, 2021) — Colorado Governor Jared Polis has signed SB21-246, making his state the first in the nation to pass an electrification policy with support from organized labor. The Colorado BlueGreen Alliance-backed legislation will help Coloradans upgrade to efficient electric appliances, furnaces and water heaters that keep their bills low and air clean.

LAKE MARY, Fla. (June 7, 2021) — FARO Technologies, Inc. a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the acquisition of HoloBuilder, Inc.

DEARBORN, Mich. (June 17, 2021) — Ford recently announced it is acquiring Electriphi, a California-based provider of charging management and fleet monitoring software for electric vehicles.

WASHINGTON (May 13, 2021) — Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices increased 1.6% for the month.

WASHINGTON (June 15, 2021) – Three new leaders have been elected to the American Institute of Architects’ (AIA) board of directors.

AIA delegates elected Emily A. Grandstaff-Rice, FAIA, of Boston Society of Architects/AIA Massachusetts as the 2022 first vice president/2023 president-elect; Timothy C. Hawk, FAIA, of AIA Columbus/AIA Ohio as the 2022-2023 treasurer; and Kevin M. Holland, FAIA, of AIA Los Angeles/AIA California as the 2022-2024 at-large director.

WASHINGTON (June 10, 2021) — The Construction Industry Safety Coalition (CISC) released the following statement on the Occupational Safety and Health Administration’s (OSHA) decision to apply an Emergency Temporary Standard on COVID-19 only to the healthcare industry.  

WASHINGTON (June 8, 2021) — Associated Builders and Contractors (ABC) has announced that Tia Perry, formerly ABC’s director of business development and partnerships, will now serve as its director of inclusion, diversity and equity (IDE) in support of ABC’s 69 chapters and 21,000 members.

BIRMINGHAM, Ala. (June 3, 2021) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with FlowForma.

The live, online event, “How to Improve Remote Workforce Communications by Eliminating Spreadsheets” will take place June 24, 2021, at 11 a.m. CST, and will feature insights from Morgan Construction about its experience and tips for streamlining processes.