February rise in construction outlays contrasts with pandemic-driven collapse in March
Construction spending in February increased 6.0 percent from February 2019, with year-over-year gains in both residential and nonresidential outlays, according to a new analysis...
New Department of Homeland Security guidance clarifies construction’s role in supporting essential critical infrastructure
The chief executive officer of the Associated General Contractors (AGC) of America, Stephen E. Sandherr, has the following statement in reaction to the release...
Sharp jump in owners canceling or delaying construction projects across the country, new survey...
Thirty-nine percent of contractors report that project owners have halted or canceled current construction projects amid deteriorating economic conditions, according to a survey released...
Pandemic halts or delays projects for 28 percent of contractors: AGCA survey
The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a survey...
Boston mayor orders halt to all construction projects; Associated General Contractors of America opposed
Vice President Mike Pence is asking construction companies to donate their inventory of N95 face masks to local hospitals - and to stop ordering...
Nonresidential construction spending attains all-time high in January, says ABC
National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago basis, according to an Associated Builders and Contractors analysis of...
Construction Contractor Confidence Remains Steady, Says ABC
Confidence among U.S. construction industry leaders held steady in December 2019 after surging in November, according to the Associated Builders and Contractors Construction Confidence...
Bay Area, NYC Headline Top 10 Most Expensive Office Submarkets
The most expensive U.S. office submarket in 2019 was Mountain View – Shoreline in Silicon Valley with an average price per square foot of...
California skyscraper wins steel design award
The Wilshire Grand Center in Los Angeles, California won the American Institute of Steel Construction’s (AISC’s) ‘National’ award in the projects greater than $200 million...
Los Angeles tops U.S. in hotel construction
For the second consecutive quarter, Los Angeles leads in U.S. hotel construction
Lodging Econometrics (LE) reports that Los Angeles is leading U.S. markets with the...