UPDATE: Interim chair of key federal regulator of energy, power infrastructure is named Jan. 3, but agency still has a 2-2 partisan split that could hamper project decisions until new Senate hearings confirm a permanent leader.

Failure of the 52-ft-tall Radisson Blu hotel lobby tank released 26,000 gallons of seawater, which killed most of its 1,500 tropical fish, but with just minor injuries to two people. 

Long-planned $878.5-million project at Howard A. Hanson Dam, which gained new federal funding, would open 100 miles of the upper Green River for salmon spawning and rearing.

Information derived from Dodge Data & Analytics, the premier project information source in the construction industry.

Jessie Singer, author of “There Are No Accidents” (Simon & Schuster, 336 pages), works for a nonprofit dedicated to making cities safer for pedestrians and cyclists, but her views of error and accidents go far beyond urban life and cars.

While each global region has its own set of challenges, a moderate escalation of construction costs is a certainty for many regions across the world.

For many contractors in 2022, concrete availability and pricing have been serious pressure points, and observers have varying opinions on whether this could continue into 2023.

It has been a rough few years for construction equipment sourcing, as pandemic-related supply chain constraints and inflation drove up prices during busy construction seasons, but there are some signs that prices for used equipment are beginning to even out.

The recession that many economists are predicting has not yet come to pass, but construction industry executives foresee a shrinking market in 2023.

Construction activity has remained fairly strong in the fourth quarter of the year, despite continued challenges with inflation, labor and the supply chain.