In The News

Lower interest rates have contributed to increased confidence in present and future single-family home sales and prospective buyer traffic.

A Federal rate cut of 0.5 percent could reignite construction projects, benefiting builders and developers of all sizes.

AI-powered construction tech company Buildots secures a $15 million investment to continue the development of AI technology in construction.

Fed rate cuts might boost home demand, but challenges like labor shortages and high material costs still pose problems for builders.

Virginia Tech introduces a major in construction safety leadership, preparing students for site safety and leadership careers.

The new facility spans 500,000 sq. ft. and is set to bring in a total of 1,200 jobs to Mississippi, helping boost U.S. manufacturing.

The former Royal Alberta Museum site in Edmonton will become a vibrant green space, enhancing the city’s landscape and offering community benefits.

The new Salt Lake City Hitachi facility can ship up to 500 orders a day from its inventory of over 30,000 different parts.

The construction industry added 25,000 jobs on net in September, according to an Associated Builders and Contractors data analysis.

According to The Canada Construction Monitor Q2 2024, the construction sector displayed positive sentiments in the year’s second quarter despite the continued skilled labor shortage.  Issued by the Royal Institution of Chartered Surveyors (RICS) and the Canadian Institute of Quantity Surveyors (CIQS), the report depicted steady growth, with the Construction Activity Index reported at +23,…