Navigating the Fed’s signals
WASHINGTON (July 16, 2025) — Construction input prices increased 0.2% in June 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 increased 0.3% for the month.
Corpay Lodging upgraded its mobile app, making it easier for workers to book lodging for company travel.
MOORESVILLE, N.C. (July 18, 2025) — The Lowe's Foundation announced 12 new Gable Grants for community and technical colleges to help solve America's critical skilled trades worker shortage. The funding expands the foundation's nationwide network of Gable Grants recipients to 60 organizations, each delivering scalable pathways into high-demand trades careers.
STOCKHOLM, Sweden (July 21, 2025) — Twiceme Technology, a provider of smart safety solutions, announced Bullard, a manufacturer of personal protective equipment (PPE), has chosen to offer the smart safety technology in its new Type II + safety helmet. Bullard will integrate Twiceme's smart safety technology into the new Bullard Type II + Safety Helmet, enhancing safety practices for workers and streamlining companywide safety management.
How to maintain legal compliance & ensure safety
BORDEAUX, France (July 17, 2025) — In June, the FAYAT Group, a global construction equipment manufacturer, signed a definitive agreement to acquire LeeBoy, a well-established brand in the roadbuilding equipment sector. This acquisition represents a key strategic move for FAYAT Group as part of its ongoing commitment to expand in the U.S. and Canada.
Understanding the construction industry’s unique risks
BOSTON (July 8, 2025) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%.
New York (July 14, 2025) — Roosevelt Road Specialty, a provider of specialized insurance for construction, is now supplementing its legal offensive with artificial intelligence (AI). Instead of reacting to fraud after losses have occurred, the AI system will sift through large volumes of claim submissions, flagging those with irregularities for immediate review.