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Architecture billings shrank for the fourth consecutive month and the seventh overall month of 2023 in November.

Despite a surprisingly strong economy, construction industry executives report that they enter 2024 with much of the same trepidation they faced at the start of 2023.

As 2023 comes to a close, experts are fairly optimistic about the economic outlook for construction in 2024, but not without some words of caution.

The Federal Highway Administration is accepting applications for grants to support bridge projects valued at $100 million or less.

This is the second round of funding from $1 billion made available through the Inflation Reduction Act.

The state funds are earmarked for construction at the Albany NanoTech Complex and purchase of advanced equipment for semiconductor chip research and development.

Communities across the nation vied for second round of grants to improve pedestrian and cyclist safety.

Left in place is a lower court ruling that the state law is unconstitutional because it bars outside developers of federally approved regional transmission lines, which were termed “classic instruments of interstate commerce.”

While inflation and interest rate hikes have eased, the economy is weakening, according to construction economist Anirban Basu.

Host UAE, now completing its first nuclear plant at 5.6 GW, is one of 22 countries that agreed to triple capacity by 2050—but construction cost, supply chain and permit realities are hurdles, sector experts say.