Construction costs are up 1.53% from Q3 and to 5.28% year-over-year, according to the latest Rider Levett Bucknall (RLB) quarterly cost report. Boston, Chicago, Honolulu, Portland, Seattle, and Washington, D.C., […]

Mixed patterns of spending within nonresidential and residential construction categories appear to be indicating a shift in the market.  Remaining strong overall, total construction spending increased by 0.6% in October. Construction spending, […]

FMI says total engineering and construction spending in the U.S. will be up 5% for 2023, ending at about $1.9 trillion. Continued record growth in manufacturing, combined with gains in various […]

Total construction starts rose 17% in July, kicking off Q3 with a seasonally adjusted rate of $1.2 trillion, according to the Dodge Construction Network. Nonbuilding starts drove the increase, rising 38% […]

Weiler has launched two new commercial tracked asphalt pavers for 2023 – the 120-horsepower P385C and 74-horsepower P285. The 22,000-pound P385C got a 20-horsepower increase in power over its predecessor, […]

Contractors and designers have been chosen to reconfigure the second-worst truck bottleneck in the nation, which was also the site of a fiery tractor-trailer crash in 2020 that closed the […]

Eric Anderton, founder of Construction GeniusEric AndertonCracking the code to success in the construction industry involves more than hard hats and heavy machinery. It’s a strategic game requiring relentless persistence […]

While auctions aren’t right for every construction contractor or piece of equipment, they are a popular means of buying or selling used heavy equipment and trucks.   Sellers benefit from […]

A recession is not in the cards for the U.S. economy, according to the Dodge Construction Network’s mid-year forecast for 2023 and 2024. However, short of a technical recession – […]

Despite some fear of a potential recession, construction spending and employment have increased, according to separate analysis of federal data by the Associated General Contractors of America and Associated Builders and Contractors. Construction […]