The 2021 Infrastructure Investment and Jobs Act (IIJA) delivered good news to the construction industry, with an estimated one trillion dollars to fund U.S. infrastructure and related projects. However, with this good news comes a recommendation to read the fine print.

Proper scheduling demonstrates professionalism in construction planning and management, which makes a big difference in meeting deadlines and budgets while avoiding costly mistakes, time-consuming rework, and mitigating financial and legal risk.

The national construction industry lost 9,000 jobs on net in March, according to data released Friday by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 196,000 jobs, an increase of 2.5%.

National nonresidential construction spending increased 0.4% in February 2023. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month.

Architecture firm billings remained soft for the fifth consecutive month in February. The Architecture Billings Index (ABI) score of 48.0 indicates softer business conditions than in January. However, while overall billings have declined every month since October 2022, the pace of the decline remains relatively modest, and has not accelerated dramatically.

Let’s set the record straight. Is P6 going away? No! But, did you know that the Oracle Primavera Cloud Service uses the same tried and true Critical Path Method (CPM) engine as P6?

For the second year in a row, AGC of America gathered professionals working in construction workforce development to share best practices and brainstorm ideas on how to meet continued labor challenges in the industry.

Between the pandemic, supply chain challenges, and the passage of a long-awaited federal infrastructure bill, the past few years have been a roller coaster ride for the construction industry. While 2022 started off strong, there was a 33% year over year decline in the total contract value.

The national construction industry added 24,000 jobs on net in February, according to data released today by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 249,000 jobs, an increase of 3.2%.

National nonresidential construction spending increased 0.3% in January 2023. On a seasonally adjusted annualized basis, nonresidential spending totaled $968.7 billion for the month.