NEW JERSEY (Nov. 16, 2020)—Total construction starts rose 12% in October to a seasonally adjusted annual rate of $787.9 billon. While sizeable, the increase does not erase September’s substantial pullback in starts. All three major categories moved higher over the month, nonbuilding starts rose 25%, nonresidential buildings increased 19%, while residential activity gained 2%.
SAN RAFAEL, California (Nov.
LOS ANGELES (Nov. 16, 2020)—AECOM reported fourth quarter and full year fiscal 2020 results.
Full Year Fiscal 2020 Accomplishments
The tech you need to get more accurate pours & fewer discrepancies
AIA's Mike Koger breaks down the two terms & how their use can alter construction contracts
One contractor's success story in completing a project & building a lasting partnership
How the Federal Arbitration Act preempted the Pennsylvania Contractor & Subcontractor Payment Act in a recent industry dispute
PHILADELPHIA—The astonishing toll of overrunning costs and schedules on major engineering and construction projects worldwide is laid bare in an analysis of claims and disputes published recently by HKA.
CRUX Insight 2020 is the product of investigations into more than 1,100 projects across 88 countries by HKA, construction and engineering industry specialists in consulting, expert and advisory services.
NEW JERSEY (Nov. 6, 2020)—The Dodge Momentum Index fell 1.8% in October to 127.5 from the revised September reading of 129.8. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
What to do when you are the boulder in the throat of the hourglass