Economy
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Economic ReportsTariff concerns loom over construction input prices
Potential trade policy changes under the incoming Trump administration could raise costs for a wide range of materials, economists say.
By Sebastian Obando • Nov. 14, 2024 -
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Economic ReportsProject abandonments, delays slow on interest rate cut
Private sector activity appears to be responding to the Fed's recent actions faster than publicly funded jobs.
By Sebastian Obando • Nov. 14, 2024 -
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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Economic ReportsRate cut boosts optimism despite construction backlog dip
Builders feel upbeat about a pickup in activity over the next two quarters, according to Associated Builders and Contractors.
By Sebastian Obando • Nov. 12, 2024 -
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Q&AInfrastructure funds will continue to flow: PCL CEO
Chris Gower said one of the firm’s top priorities is to adapt to changes coming from a second Trump term.
By Matthew Thibault • Nov. 11, 2024 -
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Fed’s second rate cut this year raises hopes for commercial construction
The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity.
By Sebastian Obando • Nov. 7, 2024 -
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Election 2024Trump win elicits optimism, concern among contractors
Though construction employer groups mostly praised the outcome, labor associations are troubled about a second Trump term.
By Sebastian Obando • Nov. 7, 2024 -
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Skanska bullish on US work amid upcoming White House changes
The Swedish firm reported strong construction performance in the States and said it anticipates that to persist.
By Zachary Phillips • Nov. 7, 2024 -
Courtesy of City of Cheyenne, Wyoming
October 2024 economic roundup
Construction Dive tracks recent key industry data such as backlog, planning activity, input costs, starts, job openings and spending.
By Sebastian Obando • Nov. 6, 2024 -
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MasTec reports increased profits on flat revenues, higher backlog
Delayed starts on large projects in the Florida firm’s Clean Business unit, which includes solar and wind installations, contributed to its overall sales plateau.
By Matthew Thibault • Nov. 6, 2024 -
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Economic ReportsInfrastructure boosts nonresidential spending again as private sector slows
Federal funding is buoying overall construction activity, but projects outside the public realm could soon rebound, economists said.
By Sebastian Obando • Nov. 4, 2024 -
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Economic ReportsConstruction job openings fall post-Helene
Economists say the hurricane temporarily suppressed the number of open construction positions across the Southeast at the end of September.
By Zachary Phillips • Oct. 30, 2024 -
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Economic ReportsThe 9 largest commercial construction starts of September 2024
Total groundbreakings dipped 6% to kick off the fall, according to Dodge Construction Network.
By Sebastian Obando • Oct. 22, 2024 -
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Economic ReportsConstruction backlog rebounds in wake of rate cut
After briefly falling at the end of the summer, the amount of work on builders’ books rose again following the Fed’s loosening last month.
By Joe Bousquin • Oct. 17, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
Election 2024Where the 2024 presidential candidates stand on construction’s top issues
Here are Kamala Harris’ and Donald Trump’s views on the industry’s most pressing topics, including immigration, permitting, infrastructure and more.
By Construction Dive Staff • Oct. 16, 2024 -
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Economic ReportsConstruction input prices tick down on lower energy costs
The decline reflects overall stabilization over the past 12 months, as material expenses remain 1.9% lower than a year ago.
By Sebastian Obando • Oct. 14, 2024 -
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Economic ReportsUS crane count holds steady in Q3
American and Canadian cities saw 15 fewer total cranes in the third quarter of 2024 than in the first, but construction activity remains robust.
By Zachary Phillips • Oct. 11, 2024 -
Courtesy of Kentucky Exposition Center
Economic ReportsPlanning activity softens after months of growth
Slowdowns in office, warehouse and retail projects drove much of September’s decline, but overall activity is still up for the year.
By Sebastian Obando • Oct. 8, 2024 -
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Opinion9 year-end tax tips for general contractors
Company leaders should take time to review the tax implications of their business and operations now, writes a CPA focused on construction.
By Anita Mahamed • Oct. 8, 2024 -
Courtesy of San Francisco International Airport / Karl Nielsen
Economic indicators: August 2024
Construction Dive rounds up key industry data such as backlog, planning activity, input costs, starts and spending.
By Construction Dive Staff • Oct. 8, 2024 -
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Economic ReportsProject abandonments drop amid contractor optimism
Both private and public sectors appear to be benefitting from falling interest rates and a positive outlook, according to a construction economist.
By Sebastian Obando • Oct. 3, 2024 -
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Economic ReportsConstruction job openings leap monthly by record amount
After several months of cooling, which experts speculate was mostly confined to the residential sector, unfilled positions increased by 138,000 in August.
By Zachary Phillips • Oct. 2, 2024 -
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Economic ReportsPublic projects keep nonresidential construction afloat
Government funding accounted for the entirety of the monthly increase in spending, according to ABC's chief economist.
By Sebastian Obando • Oct. 1, 2024 -
Courtesy of Geisinger
Economic ReportsThe 9 largest commercial construction starts of August 2024
Total groundbreakings climbed 6% during the last month of the summer, according to Dodge Construction Network.
By Sebastian Obando • Sept. 26, 2024 -
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Construction pros expect interest rate cut to spur new work
Executives said the full impact will take time to materialize as financing terms and project planning catch up to the new environment.
By Sebastian Obando • Sept. 18, 2024 -
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OpinionSigns that a project partner is in distress
Noticing the red flags and knowing how to act is vital for fending off potential problems, according to a construction attorney.
By Dan Rosenberg • Sept. 18, 2024
