Construction Futures: May 2025 Economic Roundup
By Construction Executive
May 27, 2025
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...
Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs
By ABC
May 19, 2025
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%...
A Contractor's Checklist for Managing Megaprojects
By Dan Furrow
May 8, 2025
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...
Nonresidential Construction Added Jobs in April Despite Headwinds
By ABC
May 7, 2025
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...
Nonresidential Construction Spending Plunges in March
By ABC
May 6, 2025
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...
The Post-Pandemic Transformation of the Office Market and Its Impact on Construction Real Estate Development
By Ned Nicholson
May 1, 2025
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...
Architect Q&A on 2025 Visual Trends in Commercial Architecture
By Tudor Vasiliu
April 11, 2025
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...
Construction Materials Prices Increase 0.6%, Steel Surges Nearly 4% in February
By ABC
March 17, 2025
WASHINGTON, March 13—Construction input prices increased 0.6% in February, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released recently. Nonresidential construction input prices also increased 0.6% fo...
Closeout: Mile-High Milestone
By Construction Executive
December 4, 2024
PROJECT | Populus Hotel
GENERAL CONTRACTOR | The Beck Group
CLIENT | Urban Villages/Aparium Hotel Group
BUDGET | $144.5 million
SCOPE | Construction of the first carbon-positive hotel in the United States: a
265-room property developed by Urban Villages and designed by reno...
Setting the Stage for Growth
By Richard Branch
December 4, 2024
The Fed’s change in stance and the expectation of lower rates over the next year certainly set the stage for that. The Dodge Momentum Index, which tracks nonresidential building projects from the initial planning stages, has been steady over the last six months, indicating that d...
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