ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Industry Executives weigh in on contractor issues and strategies.

While the plunge in prices for oil, gas and metals has hurt the international market, the domestic market remains strong.

Equipment manufacturer Terex Corp. announced May 16 that it is ending its plan to merge with Konecranes, and will instead sell its material-handling and port solutions [MHPS] unit to the Finnish-based company for $1.3 billion.