2Q 2025 Cost Report: As Tariffs on Steel, Aluminum Rise to 50%, Feds Approve US Steel Sale to Nippon Steel
[ad_1] On June 13, President Donald Trump issued an executive order clearing the $14.9-billion acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel. The move followed a national security review by the Committee on Foreign Investment in the U.S., a U.S. Treasury-led interagency group that also cleared
2Q 2025 Cost Report: Executive Confidence Falls as Uncertainty Rules the Roost
[ad_1] ENR’s Construction Industry Confidence Index fell 14 points between Q1 and Q2, to a rating of 47. That is the third largest drop in the history of the index, only surpassed by the falls in Q2 2020 and Q2 2022. The confidence index measures executive sentiment about
The Inspiration in Finishing the $5B Salt Lake City Airport Rebuild
[ad_1] ✕ “You need to finish.” That was Michael Williams’ parting message to his friends and team building the new Salt Lake City International Airport, including Brian Stetson and Kevin Fauvell. Even from the hospital, where he died in may, he focused on the job. Stetson, who replaced
2Q 2025 Cost Report: Tariff Impacts Drive Slowdown in Construction Activity
[ad_1] Uncertainty has plagued the overall economy in the first half of 2025, with U.S. construction industry activity slowing considerably, according to data from Dodge Construction Network. “Tariff-driven cost increases will be difficult for consumers and producers to absorb amid an already-high inflationary environment, likely weakening demand and
ENR’s Top Professional Services Firms Face a Shifting Market
[ad_1] ✕ Revenue for this year’s Top 100 Professional Services Firms reveal nuanced shifts in an increasingly complex market roiled by uncertainty and rising risks. Yet behind the numbers, firms say such challenges are also driving innovation in the form of resource development and frank owner conversations on