Economy
-
Justin Sullivan via Getty Images
How CIOs can prepare for Trump’s tariffs plan
The president-elect has proposed tariffs on imported goods, stoking concerns about higher costs for electronics.
By Jen A. Miller • Dec. 11, 2024 -
Mario Tama/Getty Images via Getty Images
Economic ReportsBacklog holds steady as contractors eye private construction rebound
Builders expect privately financed projects to bounce back on lower borrowing costs and increased clarity following the presidential election.
By Sebastian Obando • Dec. 11, 2024 -
Explore the Trendline➔
sandsun via Getty Images
TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Michael Gonzalez/Getty Images via Getty Images
Economic ReportsNovember 2024 economic roundup
Construction Dive tracks recent key industry data including backlog, planning activity, input costs, starts, job openings and spending.
By Sebastian Obando • Dec. 10, 2024 -
Avalon_Studio via Getty Images
Economic ReportsTurner cost index rises 3.6% YOY
The benchmark compiled by the largest contractor in the country contrasted with the government’s PPI data for nonresidential construction.
By Joe Bousquin • Dec. 10, 2024 -
Courtesy of Texas Health Presbyterian Hospital Plano
Economic ReportsPlanning cools again on slower data center growth
Labor shortages and high construction costs have prevented projects from moving through the pipeline at a normal pace, according to Dodge Construction Network.
By Sebastian Obando • Dec. 9, 2024 -
Alihan Usullu via Getty Images
Balfour Beatty predicts growth in year-end update
The London-based builder projects a bump in revenue and backlog even as it said it faced delays in a number of its U.S. projects in the second half of 2024.
By Matthew Thibault • Dec. 6, 2024 -
Anna Moneymaker/Staff via Getty Images
Trump vows new tariffs on Mexico, Canada, China
The countries are the top suppliers of imported goods to the U.S., and construction economists have concerns about the impact on material prices.
By Jennifer Goodman • Nov. 26, 2024 -
Anna Moneymaker/Staff via Getty Images
Public construction firms’ executives react to Trump win
Noting the prospect of lower taxes and fewer permitting hurdles, construction company leaders were mainly optimistic in the wake of the presidential election.
By Joe Bousquin • Nov. 25, 2024 -
Courtesy of Henry Ford Health
Economic ReportsThe 9 largest commercial construction starts of October 2024
Total groundbreakings jumped 4% after a brief slowdown the prior month, according to Dodge Construction Network.
By Sebastian Obando • Nov. 22, 2024 -
HABesen via Getty Images
Economic ReportsTariff concerns loom over construction input prices
Potential trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.
By Sebastian Obando • Nov. 14, 2024 -
Melissa Sue Gerrits/Getty Images via Getty Images
Economic ReportsProject abandonments, delays slow on interest rate cut
Private sector activity appears to be responding to the Fed's recent actions faster than publicly funded jobs.
By Sebastian Obando • Nov. 14, 2024 -
Andrew Harnik/Getty Images via Getty Images
Economic ReportsRate cut boosts optimism despite construction backlog dip
Builders feel upbeat about a pickup in activity over the next two quarters, according to Associated Builders and Contractors.
By Sebastian Obando • Nov. 12, 2024 -
Permission granted by PCL
Q&AInfrastructure funds will continue to flow: PCL CEO
Chris Gower said one of the firm’s top priorities is to adapt to changes coming from a second Trump term.
By Matthew Thibault • Nov. 11, 2024 -
Anna Moneymaker/Getty Images via Getty Images
Fed’s second rate cut this year raises hopes for commercial construction
The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity.
By Sebastian Obando • Nov. 7, 2024 -
Permission granted by Skanska USA
Skanska bullish on US work amid upcoming White House changes
The Swedish firm reported strong construction performance in the States and said it anticipates that to persist.
By Zachary Phillips • Nov. 7, 2024 -
Win McNamee/Getty Images via Getty Images
Election 2024Trump win elicits optimism, concern among contractors
Though construction employer groups mostly praised the outcome, labor associations are troubled about a second Trump term.
By Sebastian Obando • Nov. 7, 2024 -
Courtesy of City of Cheyenne, Wyoming
October 2024 economic roundup
Construction Dive tracks recent key industry data such as backlog, planning activity, input costs, starts, job openings and spending.
By Sebastian Obando • Nov. 6, 2024 -
hapabapa via Getty Images
MasTec reports increased profits on flat revenues, higher backlog
Delayed starts on large projects in the Florida firm’s Clean Business unit, which includes solar and wind installations, contributed to its overall sales plateau.
By Matthew Thibault • Nov. 6, 2024 -
Mario Tama/Getty Images via Getty Images
Economic ReportsInfrastructure boosts nonresidential spending again as private sector slows
Federal funding is buoying overall construction activity, but projects outside the public realm could soon rebound, economists said.
By Sebastian Obando • Nov. 4, 2024 -
Avalon_Studio via Getty Images
Economic Reports
Construction job openings fall post-Helene
Economists say the hurricane temporarily suppressed the number of open construction positions across the Southeast at the end of September.
By Zachary Phillips • Oct. 30, 2024 -
Retrieved from Rhode Island DOT.
Economic ReportsThe 9 largest commercial construction starts of September 2024
Total groundbreakings dipped 6% to kick off the fall, according to Dodge Construction Network.
By Sebastian Obando • Oct. 22, 2024 -
Nathan Howard/Stringer via Getty Images
Economic ReportsConstruction backlog rebounds in wake of rate cut
After briefly falling at the end of the summer, the amount of work on builders’ books rose again following the Fed’s loosening last month.
By Joe Bousquin • Oct. 17, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
Election 2024Where the 2024 presidential candidates stand on construction’s top issues
Here are Kamala Harris’ and Donald Trump’s views on the industry’s most pressing topics, including immigration, permitting, infrastructure and more.
By Construction Dive Staff • Oct. 16, 2024 -
Justin Sullivan/Getty Images via Getty Images
Economic ReportsConstruction input prices tick down on lower energy costs
The decline reflects overall stabilization over the past 12 months, as material expenses remain 1.9% lower than a year ago.
By Sebastian Obando • Oct. 14, 2024 -
zxvisual via Getty Images
Economic ReportsUS crane count holds steady in Q3
American and Canadian cities saw 15 fewer total cranes in the third quarter of 2024 than in the first, but construction activity remains robust.
By Zachary Phillips • Oct. 11, 2024
