WASHINGTON, D.C. (Feb. 10, 2022) — The U.S. Departments of Transportation and Energy today announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure (NEVI) Formula Program established by President Biden’s Bipartisan Infrastructure Law, to build out a national electric vehicle charging network, an important step toward making electric vehicle (EV) charging accessible to all Americans.

BIRMINGHAM, Ala. (Jan. 31, 2022) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Arcoro.

The live, online event, “Why You Can’t Hire Your Way Out,” will take place Feb. 24, 2022, at 1 p.m. CST and will highlight how contractors can build a pipeline of talent to keep their businesses moving forward.

WASHINGTON (Jan. 27, 2022) — The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.4% for the quarter and has now contracted in eight of the past nine quarters.

ARLINGTON, Va. (Jan. 25, 2022) — Construction employment in December remained below levels reached just before the start of the pandemic in more than half of states as firms struggled to find enough workers to hire, according to a new analysis of federal employment data by the Associated General Contractors of America (AGC). 

HAMILTON, N.J. (Jan. 19, 2022) — Total construction starts were flat in December with a seasonally adjusted annual rate of $879.3 billion, according to Dodge Construction Network. Residential construction starts gained 4% in December 2021, while nonresidential building starts improved by 3%. Nonbuilding starts, however, declined 12%.

WASHINGTON (Jan. 13, 2022) — Construction input prices rose 0.6% in December 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. Nonresidential construction input prices also rose 0.6% for the month.

CHICAGO (Jan. 11, 2022)  — Engineering USA, the North American subsidiary of the Engineering Group, has completed the acquisition of Movilitas, an industry frontrunner in digital supply chain and digital manufacturing consulting services and solutions. This strategic expansion aims to strengthen the capabilities and unique market position of the organization's Industries eXcellence Global division, which specializes in the design, integration and delivery of holistic technology solutions covering the end-to-end life cycle of industrial products and processes.

ARLINGTON, Va. (Jan. 12, 2022) — Construction contractors expect increasing demand for numerous types of projects in 2022 despite ongoing supply chain and labor challenges, as most firms plan to add workers this year, according to survey results released by the Associated General Contractors of America (AGC) and Sage.

PHOENIX, Ariz. (Jan. 9, 2022) — International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its new Quarterly Cost Report (QCR) for North America. With data current to mid-fourth-quarter and featuring construction cost information for 14 United States and Canadian markets, the QCR provides a statistical view of the state of the construction industry, detailing indicative construction costs for eight building sectors.

HAMILTON, N.J. (Jan. 7, 2022) — The Dodge Momentum Index fell 3% in December 2021 to 166.4, down from the revised November reading of 170.7. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

STRONGSVILLE, Ohio (Jan. 6, 2022) — Foundation Software has announced the acquisition of Estimating Edge, developer of The Edge commercial construction estimating, project management tracking and takeoff software. This acquisition further enables Foundation to serve the construction community by providing software and services that align and strengthen contractors’ back-office operations.

ARLINGTON, Va. (Dec. 22, 2021) — Construction employment increased in nearly two out of three U.S. metro areas between November 2020 and November 2021, according to an analysis by the Associated General Contractors of America (AGC) of new government employment data.

WASHINGTON (Dec. 21, 2021) — Associated Builders and Contractors (ABC) has released its seventh annual Merit Shop Scorecard, a ranking based on state policies and programs that encourage workforce development, grow career and technical education, strengthen careers in construction and advocate for fair and open competition for taxpayer-funded construction projects.

ARLINGTON, Va. (Dec. 20, 2021) — Only 18 states and Washington, D.C., have added construction jobs since just before the start of the pandemic in February 2020. This is despite a pickup in most states from October 2021 to November 2021, according to a new analysis of federal employment data released by the Associated General Contractors of America (AGC).

SAN FRANCISCO (Dec. 16, 2021) — Autodesk, Inc. has announced that it is acquiring ProEst, a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. Autodesk plans to integrate ProEst with Autodesk Construction Cloud, a comprehensive construction management platform connecting teams, data and workflows across the entire building lifecycle.