Utah's tallest high-rise project under construction

The 372-unit Astra Tower, a luxury apartment building developed by Kensington Investment Co., is set to open in 2024.

By Mary Salmonsen • March 18, 2022

Balfour Beatty profits rise, revenue dips as company focuses on future of infrastructure

The builder emphasized a strong backlog and increased its share buyback plan.

By Matthew Thibault • March 10, 2022

Explore the Trendline➔

Top 5 stories from Construction Dive

Construction Dive editors curate some of the industry’s top stories from this year.

By Construction Dive staff

Inflation, material delays, labor issues: Pros face a trifecta of pricing woes

Construction costs are rising as much as 30% from the time a project is bid on until it is complete, one expert told Construction Dive.

By Chris Barnett • March 4, 2022

Ukraine war 'likely to have multiple effects' on materials prices

Inflation is casting shadows over how much the $1.2 trillion in the Infrastructure Investment and Jobs Act can ultimately accomplish.

By Joe Bousquin • March 1, 2022

Public construction firms announce earnings

Several of these industry giants reported losses in their most recent financial periods while others saw profits fall.

March 1, 2022

Russia's invasion of Ukraine throws another wrench into supply chains

Carriers are halting operations and suppliers are at risk. War is "a worst-case scenario," one analyst said.

By Colin Campbell • Feb. 25, 2022

New report details how states are spending $350B from the American Rescue Plan

Infrastructure, prisons and broadband are three categories that are already receiving funding.

By Joe Bousquin • Feb. 24, 2022

Hoarding, ghost orders and pop-up warehouses: construction's new supply chain playbook

Material prices have hit a 35-year high. Here's what contractors are doing to survive inflation.

By Joe Bousquin • Feb. 23, 2022

Lendlease calls 2022 a 'reset' year, losing $264M in 6 months

The Australian contractor missed earnings forecasts, but expects to crawl back into the black in the second half of its fiscal year.

By Zachary Phillips • Feb. 22, 2022

White House launches low-carbon construction initiative

"Buy Clean" policies for federal projects will promote the use of materials with low carbon footprints.

By Matthew Thibault • Feb. 16, 2022

4 inflation-coping strategies employed by top US corporations

Executives in several sectors describe how they aim to shield profits against rising prices.

By Jim Tyson • Feb. 15, 2022

Contractors, local officials clamor to end Seattle-area concrete worker strike

King County officials released a bid request worth more than $30 million for a concrete supplier with unionized workers, pressuring companies to make a deal.

By Matthew Thibault • Feb. 11, 2022

'A global infrastructure investment renaissance is beginning': AECOM raises guidance as Q1 profits soar

The contractor is winning work at the highest rate in its history, CEO Troy Rudd said this morning, but the company won't see benefits from the infrastructure act until 2023.

By Julie Strupp , Noelle Knox • Feb. 8, 2022

New XL Construction CEO: 'Huge amount of money' on tap once materials prices come down

The head of the California-based firm talks 2022 outlook, building with timber and his company's above-average vaccination rate.

By Joe Bousquin • Feb. 7, 2022

Former Gilbane CEO McKelvy tapped to lead McDermott

Mike McKelvy, who retired from Gilbane on Jan. 7, is stepping into the top spot at the restructured Houston-based energy construction giant.  

By Joe Bousquin • Feb. 3, 2022

Inflation will persist through 2023 even if pandemic fades, economist says

Long-term trends like high housing demand and tight labor markets will likely fuel inflation into next year, according to the Conference Board.

By Jim Tyson • Jan. 31, 2022

What contractors need to know for the year ahead

While market observers still see plenty of challenges on the horizon, they are optimistic about the new year, this roundup of Construction Dive stories shows.

Jan. 27, 2022

Intel to build 2 Ohio semiconductor factories worth $20B

Following disrupted supply chains and competitor advancements in Arizona, the tech giant is looking to gain ground.

By Matthew Thibault • Jan. 26, 2022

Construction's hottest sectors for 2022

Despite the challenges of COVID-19, supply chain issues and labor shortages, these verticals are expected to explode in 2022.

By Sebastian Obando • Jan. 25, 2022

Rents will skyrocket in these 10 markets this year

The cost of leasing an apartment will rise across the country with the largest increases in Sun Belt states, according to industry analysts.

By Leslie Shaver • Jan. 21, 2022

Report: Materials prices soared 20% in 2021

The high cost of construction materials could damage the industry's recovery in 2022, according to the Associated General Contractors of America.

By Matthew Thibault • Jan. 14, 2022

The 5 contech trends that will power jobsites in 2022

From data usage to 3D printing and more, construction tech is poised to blast off this year.

By Matthew Thibault • Jan. 12, 2022

Despite new federal ruling, Alabama proceeds with plans to build prisons with COVID-19 relief funds

The Treasury Department's ruling said that American Rescue Plan funds generally may not be used to build prisons.

By Matthew Thibault • Jan. 12, 2022

2022's biggest construction conferences

Many in-person industry events are back on this year. Here is the full rundown.

By Matthew Thibault • Jan. 12, 2022

7 things we know (so far) about the infrastructure act

While much of the spending package is still coming into focus, there’s a lot that construction leaders can start planning for.

By Julie Strupp • Jan. 11, 2022