Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

Following a sizable decrease in demand for design services in March, the April Architecture Billings Index (ABI) climbed back into positive territory according to a new report today from The American Institute of Architects (AIA).

New York, New York (May 22, 2019) — The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics.  Steep declines were registered by two of the three main construction sectors.  Nonbuilding construction, which is co

Recent data indicates strong financial performance industrywide for AEC.  Zweig Group’s annual “Financial Performance Survey of AEC Firms,” released April 4, 2019, identified a strong positive trend in multiple key financial indicators, including profit, revenue, staff growth and backlog.

luor Corporation announced today that its board of directors has confirmed the appointment of Carlos M. Hernandez as chief executive officer (CEO) and named him a member of the board of the company. Hernandez was named as Fluor’s interim CEO on May 1, 2019, in line with the company’s established succession plan following David T. Seaton stepping down. The board of directors also named John R. Reynolds as the new chief legal officer (CLO) of Fluor.

Today, President Trump announced that his administration is delaying implementation of Section 232 tariffs on automobiles and auto parts for 6 months. 

AEM President Dennis Slater issued the following statement after the Trump administration announced it was delaying the implementation of Section 232 tariffs on automobiles and auto-parts for 6 months:

OSHA is requesting information on a possible update to the Control of Hazardous Energy (Lockout/Tagout (LOTO)) standard. The agency is interested in comments on the use of control circuit-type devices to isolate energy, as well as the evolving technology for robotics. Learn how to submit information here. 

San Francisco, California (May 15, 2019)—Rhumbix, a mobile platform designed for smarter construction sites, has announced their integration into the cost management module as part of the Autodesk BIM 360platform.