Marsh and GlobalData identify inflation and economic volatility as the top risks for construction contractors globally. Other ...

Construction spending is dwindling yet employment is up; materials prices are increasing while backlog is rebounding.

Construction is a driving force behind the U.S. economy, contributing 4% to the GDP. As a leading indicator, the construction industry can offer valuable insights into the economic landscape ...

Construction Industry Survey reveals how U.S. construction firms are navigating labor shortages, financing challenges and ...

All of the uncertainty and instability that I described have led to a “pencils down” moment in the construction industry.

Contractors are slated to have a busy 2024, but there are many things could impact the industry, says Dr. Anirban Basu, Chief Economist for SMACNA. Basu shared some of his industry insights with Seth ...

The push to build more data centers to facilitate artificial intelligence growth is supported by a $500B data center ...

The Services PMI, which includes the construction industry, registered 54.9 percent, which is the highest reading since February 2023 and indicates sector expansion for the 49th time in 52 months.

Three in five contractors (58%) are so confident in the relationship between the industry and the larger economic climate, they believe having faster payment systems in place would “guarantee ...

The number of struggling construction firms has risen further despite heavy pressure on the sector to deliver hundreds of ...

The construction industry is expected to grow by 7.1% in 2025, one of the fastest rates in the IMEA region, but this will ...