Markets

WHAT WE LEARNED IN MAY: TRADE POLICY CONTINUES TO CLOUD OUTLOOK Construction-specific economic data released in May provide mixed signals. Nonresidential construction spending fell sharply in April, and industrywide job openings are down significantly over the past year. At the...

WASHINGTON, May 15—Construction input prices decreased 0.1% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.2%...

While covering the 2024 ABC Construction Technology and Innovation Committee Field Trip, Construction Executive found itself at the JLG Innovation Center in Hagerstown, Maryland, where brainstorming, prototyping, product testing and sneak-peaking all take place. In addition to de...

WASHINGTON, May 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to a 20-month high of 8.7 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is up 0.3 months since April 2024. View ABC’s ...

Between data center development, transportation projects, energy projects, electrification initiatives, large-scale utility plants, major-scale manufacturing plants and industrial projects, contractors are bidding on large, complex capital projects more often than ever before. W...

WASHINGTON, May 2—The construction industry added 11,000 jobs in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 143,000 jobs, an increas...

WASHINGTON, May 1—National nonresidential construction spending decreased 0.5% in March, 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 $1.2...

In the five years following the COVID-19 pandemic, the office market has undergone a profound transformation, significantly influencing construction and real estate development. The pandemic-induced shift towards remote and hybrid work models has led to a reevaluation of traditio...

As technology evolves, so do the ways in which commercial properties are visualized and marketed. In this Q&A with architect-turned-architectural visualizer and the founder of Panoptikon, Tudor Vasiliu, Construction Executive asks about the latest trends for 2025 that are shaping...

As electric vehicles are reshaping industries and accelerating innovation, the growing number of EV battery manufacturing facilities remains critical to this transformation. In 2019, two EV battery factories were operating in the United States, and another two were under construc...