Construction Materials Prices Increase 0.6%, Steel Surges Nearly 4% in February Cover Art

Construction Materials Prices Increase 0.6%, Steel Surges Nearly 4% in February

By ABC
March 17, 2025
WASHINGTON, March 13—Construction input prices increased 0.6% in February, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released recently. Nonresidential construction input prices also increased 0.6% fo...
Closeout: Secret Hideout Cover Art

Closeout: Secret Hideout

By Construction Executive
February 7, 2025
PROJECT | Wilderness Treehouse Cabins GENERAL CONTRACTOR | Holtz Builders CLIENT | Wilderness Hotel and Resorts Inc. LOCATION | Wisconsin Dells, Wis. SCOPE | In just 7 1/2 months—and six weeks ahead of schedule—Holtz Builders delivered eight extraordinary mountain-modern, thr...
Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade Cover Art

Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade

By Scott Berman
February 4, 2025
The potential for cheap or inferior construction equipment and materials from China to end up in the United States is a multi-pronged, wide-ranging and complex problem—and it comes with a host of potentially detrimental effects. The issue pertains to trade rules, behaviors that ...
Nonresidential Construction Spending Down 0.2% in December; Data Centers and Manufacturing Make Up 94% of Spending Increase in 2024 Cover Art

Nonresidential Construction Spending Down 0.2% in December; Data Centers and Manufacturing Make Up 94% of Spending Increase in 2024

By ABC
February 4, 2025
WASHINGTON, Feb. 3—National nonresidential construction spending decreased 0.2% in December 2024, 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 tot...
Accelerated Learning: Phelps Turns a 12-Story Office Into a School in Six Months Cover Art

Accelerated Learning: Phelps Turns a 12-Story Office Into a School in Six Months

By Ken Budd
January 31, 2025
Like a student cramming for an exam, Phelps Construction Group faced a tight deadline. The Denville, New Jersey­-based company was hired to renovate a space for Kindle Education, a tuition-free public charter school with about 460 students grades 6-12. The new location, for stude...
Meeting the Growing Demand for American Semiconductor Facilities Cover Art

Meeting the Growing Demand for American Semiconductor Facilities

By Darin Hart
January 22, 2025
The semiconductor industry is experiencing rapid growth in the United States, with the increasing demand for advanced electronics and the rise of artificial intelligence propelling the expansion. Stemming from the pandemic and rising to prominence as part of the new presidential...
Closeout: Mile-High Milestone Cover Art

Closeout: Mile-High Milestone

By Construction Executive
December 4, 2024
PROJECT | Populus Hotel GENERAL CONTRACTOR | The Beck Group CLIENT | Urban Villages/Aparium Hotel Group BUDGET | $144.5 million SCOPE | Construction of the first carbon-positive hotel in the United States: a 265-room property developed by Urban Villages and designed by reno...
Setting the Stage for Growth Cover Art

Setting the Stage for Growth

By Richard Branch
December 4, 2024
The Fed’s change in stance and the expectation of lower rates over the next year certainly set the stage for that. The Dodge Momentum Index, which tracks nonresidential building projects from the initial planning stages, has been steady over the last six months, indicating that d...
Office Spending Has Taken a Huge Hit Cover Art

Office Spending Has Taken a Huge Hit

By Anirban Basu
December 4, 2024
Moving into 2025, I have my eye on stagnant and declining property valuations in certain segments, the most notable of which is the office category. It’s no secret that the pandemic and the rise of remote work fundamentally altered the demand for office space. While construction ...
New Construction Takes a Backseat to Reconstruction  Cover Art

New Construction Takes a Backseat to Reconstruction

By Kermit Baker
December 4, 2024
Following a gangbuster year in 2023, spending on the construction of nonresidential buildings is estimated to slow to a more modest pace of growth of just over 7% this year. Next year, gains in spending are projected to grow just 2%, according to the American Institute of Archite...

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