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Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.
Looking ahead to 2024 and beyond, two pivotal changes in federal construction labor dynamics are likely to exacerbate increasing construction labor costs, according to Gordian's Samuel Giffin.
The design and construction contract for what is envisioned to be “the premier private academic health center in Mexico and Latin America” was recently awarded to The Beck Group. The TecSalud Health Sciences Campus will be located at Tec De Monterrey’s flagship healthcare facility, Zambrano Hellion Hospital, in Monterrey, Mexico.
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023.
Bringing the concepts of architects, engineers, and clients to life often requires problem-solving and compromise, and always requires hard work on the contractor’s part. Keeping construction within the allotted budget and up to the rest of the building team’s standards requires a combination of extensive technical and product knowledge.
AEC firms are finally putting to use project information they’ve been storing in their computers for years.
On April 18, 2019, the New York City Council passed the Climate Mobilization Act, a suite of laws aimed to meet the city’s commitment to achieving carbon neutrality by 2050.
Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.
The revised documents refine how CMs serve as general contractors or project advisers.
More than 1,600 Lean experts gathered in Texas this month for LCI Congress 2019. Here are key takeaways from the event.
Hensel Phelps, AECOM, Turner, Skanska, and PCL top the rankings of the nation's largest airport terminal sector contractors and construction management firms, as reported in Building Design+Construction's 2019 Giants 300 Report.
PCL, VCC, Whiting-Turner, Shawmut, and W.E. O'Neil top the rankings of the nation's largest retail sector contractors and construction management firms, as reported in Building Design+Construction's 2019 Giants 300 Report.
Turner uses one of its jobsites in Nashville to immerse middle-school teachers in the ins and outs of building.
Research focused on five key types of data: project progress, manhours, productivity, safety, and equipment management.
With thousands of MarTech tools and apps on the market, design and construction firms are struggling to keep up.
