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.

Project news from Dodge Data & Analytics.

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 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