Business

Update as of April 10, 10:00am: Even with yesterday's pause, Basu says the effective tariff rate on U.S. imports is lower than it was Wednesday morning, but is still higher than what was originally announced on April 2, "because America imports so much from China." However, tha...

WASHINGTON, April 1—National nonresidential construction spending increased 0.3% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled...

Construction businesses have faced a rising tide of challenges since the pandemic. The labor shortage, worker safety threats and more have created a difficult environment for business owners to find opportunities for growth while keeping their operations running smoothly and safe...

WASHINGTON, April 1—The construction industry had 264,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening a...

What We Learned in March: Construction Industry Momentum Wavers Nonresidential construction spending continues to inch higher while the industry keeps adding jobs at a healthy pace, but trade tensions, tariffs, rising material prices and higher-for-longer interest rates could we...

Construction machinery emits around 400 megatons of CO2 annually, with excavators accounting for nearly 50% of all CO2 emissions from construction vehicles. The World Green Building Council reports that materials and construction account for 11% of global carbon emissions. Given ...

Construction is facing a silent pandemic: Mental-health struggles abound in an industry that, for all its positives, poses uniquely disruptive challenges such as long hours, excessive travel, tight budgets and timelines, and a reputation for putting on a brave face—all of which c...

On Jan. 20, 2025, President Donald Trump was sworn in as the 47th president and quickly issued a sweeping set of executive orders aimed at reversing Biden administration policies related to diversity, immigration, national security and climate. The orders require enactment throug...

Step back in time, and there’s a good chance that most of the names in the construction business no longer exist. Of the more than 43,000 construction companies that started in the spring of 2011, less than 38% managed to stick around a decade later, according to data from the U....

Competition is a constant in the ever-evolving world of construction. It’s fundamental to the bottom line, creates a quality product, invites the best talent and—to be frank—it’s exciting to compete. And it’s even more exciting to be the winner. So, how are winners in the contra...