Month: February 2026

Tariffs drove construction input prices up to start 2026

January’s cost increases amounted to a “blistering” annualized rate of 7.1% for nonresidential input prices,…

NLRB reverts to joint employer rule it crafted in Trump’s first term

The board said it maintains the “substantial direct and immediate control” it articulated in 2020.

How to recruit young workers before it’s too late

With 41% of the construction workforce set to retire by 2031, finding and keeping the…

WSP cautions against ‘AI hysteria’ on Q4 earnings call

The Montreal-based contractor emphasized the value of its “machine in the middle” approach and assured…

American Express taps Turner to build new global HQ in NYC

The contractor will start construction on the final commercial tower of the World Trade Center…

Immigration raids are hitting multifamily operators. Here’s how they’re responding.

Managers report negative occupancy impacts from ICE in states like Florida and Texas, which could…

Construction starts growth masks underlying weakness

If not for three energy megaprojects, groundbreaking activity would have been negative month to month…

After a decade, Balfour Beatty’s CFO to step down

Phil Harrison, who joined the firm in 2015 and helped turn its finances around, will…

Autodesk invests $200M in AI startup

Amid a groundswell of support for physical artificial intelligence, the bet on World Labs marks…

Light rail moves forward in Austin, Texas

With a construction team named, work on the 10-mile line is expected to begin next…