The Biden administration requires project labor agreements on projects of $35 million or higher.

The coming year presents a complex landscape for the construction industry. Cost, risk and growth will be impacted by geopolitical turmoil, inflation and increased regulatory complexity.

With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.

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.

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

Clayco will lead construction of a 16 million-sq-ft electric vehicle manufacturing campus for Rivian, east of Atlanta.

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

OSHA also recommends the use of safety helmets on construction sites, but has not mandated the change.