News Briefs

Taking Davis-Bacon to Court and The Brothers Bobcat.

Early Lessons From the Maui Wildfires A new report from the Insurance Institute for Business & Home Safety offers preliminary takeaways about building materials and methods that stood up—or didn’t—to the wildfires that burned through [...]

KPMG: ‘Excellent Opportunities’ Ahead Industry leaders and project owners are optimistic about the construction market while remaining concerned about project delays, fluctuating prices and risk exposure, according to KPMG’s “2023 Global Construction Survey.” KPMG surveyed [...]

McKinsey: Procurement Is Having a Moment You don’t have to look any further than the supply-chain quagmire of the last three years to understand how important procurement is to the construction industry. But, according to [...]

CE Economic Forecast: ‘There Are More Battles Ahead’ Despite signs of growth in parts of the construction market, the U.S. economy is headed for a recession sometime in the next year, according to Anirban Basu, [...]

State of the Unions The total number of U.S. workers belonging to a union dropped to a record low of 11.7% last year, a decline from 12.6% in 2021, according to the U.S. Department of [...]