Jonathan Keller

As economic uncertainty swirls around the Capitol Hill debt limit negotiations, some Top 400 contractors are worried about reaching the limit of their ability to keep projects profitable.

With a hawkish Federal Reserve pushing higher interest rates to fight inflation, the design market could be a canary in a coal mine for what some economists say will be a “mild” recession later this year.

With the economy so far navigating through recession risks, ENR’s Construction Industry Confidence Index shot up 11 points this quarter to a cautiously pessimistic 44 rating, with 68% of survey respondents seeing the current market as either stable or improving, up from 62.7% last quarter.

The third major component in a four-phase modernization of the Port of Long Beach’s fire safety services, this California project’s design actually began in New York.

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

Construction-in-progress numbers have rebounded among this year's Top Owners, but those numbers don't completely reflect owner confidence in an increasingly volatile market.

For much of the third quarter, watching the U.S. economy has felt like some strange version of Heisenberg’s uncertainty principle—the more you look at where the economic indicators are, the less sure you are about the direction the economy is heading.

The CHIPS and Science Act aims to bolster U.S. leadership in innovation and technology. For some Top 100 sustainable design firms like Flad Architects, it’s an opportunity to expand into science and technology markets.