Construction Economics for June 23, 2025
Successfully navigating careers and leadership development in construction comes with unique challenges – especially when stepping into higher levels of responsibility. This webinar explores what it truly takes to lead effectively at a higher level, including key transitions, mindset
Soccer Surveillance Limited Injury Payout
There is more than a little irony when a gain toward limiting runaway construction liability insurance cost in New York state—driven in part by creatively exaggerated injury severity—is counted because a jury awarded damages of less than a half
Industrial Leads for the Week of June 23, 2025
California Novartis Pharmaceuticals Corp. is planning to construct a biomedical research and development facility in San Diego. The estimated $1.1-billion West Coast Biomedical Research Hub project’s scope includes design and construction of building space; purchase and installation of fume hoods,
Interiors Industry Confronts Changing Workplace at NeoCon
Why do people remain reluctant to return to the office? According to Gensler’s 2025 Workplace Survey, traditional offices no longer fit the way creative people work. “If the workplace makes it harder—not easier—to do focused work, collaborate seamlessly or feel
Yellowstone River Bridge Sits Tall Atop Canyon to Improve Safety, Access and Views
Yellowstone National Park with its thermal geysers, bubbling mud pots and abundant wildlife is unlike any other place on Earth, so it makes sense that building in this gem of the U.S. National Park system would come with its
Laser Focus on Key Markets Pushes AEI to New Heights in the Southwest
By zeroing in on key growth sectors— science and technology, health care and energy/utilities projects specific to campus infrastructure—Affiliated Engineers Inc. (AEI) has strategically increased its regional market share. The firm reported 46% revenue growth in the Southwest last
ABC: Construction Input Prices Rise 0.2% in May
Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released June 12. Nonresidential construction input prices increased 0.3%
Drinking Water Leaders Convene to Tackle Funding Challenges, Forever Chemicals
With financing for water infrastructure becoming more scarce due to federal funding cuts and Trump administration efforts to rescind not-yet-disbursed Inflation Reduction Act spending, some water-sector utilities are becoming more resourceful about prioritizing and sequencing planned projects, according to
2Q 2025 Cost Report: Compensation Increases Slow Following Consecutive Spikes in Recent Years
The hot pace of construction staff compensation is cooling. Following years of historically high salary increases, employers are reigning in pay for construction staff. Last year, base salaries increased by 4.6% on average, according to data from compensation consultant
2Q 2025 Cost Report: With Tariffs Still Uncertain, Used Equipment Prices Show Signs Of Leveling Off, For Now
The first few months of this year saw some uncertainty in equipment pricing, but even with the unclear tariff situation the used equipment market has seen prices stabilizing, according to the latest data from industry analyst firm EquipmentWatch. Prices