Voting reps from nearly 200 nations at Dubai event ending Dec. 13 agreed to “transition away” from fossil fuels—boosting renewables, nuclear energy and climate investment—but did not mandate specific actions to cut back traditional energy use.
As jobsites become even more connected with broadband and other services, equipment providers are giving their contractor customers more capabilities to take advantage of project data, whether from a 3D model or even take the steps to make materials supply chains more sustainable.
Since the 2021 passage of the Infrastructure Investment and Jobs Act, states have been prepping middle-mile broadband construction projects to help numerous communities with poor or little internet access get connected into expanding national and regional broadband networks.
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.