According to the latest JOLTS survey, the U.S. construction industry had only 292,000 job openings as of November 2025.
Estimated state construction unemployment rates were lower than their pre-pandemic level in just over 40% of states. As of ...
Hybrid cost-plus contracting with lump-sum general conditions can have administrative advantages for contractors and owners. Effectiveness depends on project scale and whether parties accurately ...
This is the 10th article in the Precision Construction series, which explores the application of the Internet of Things to digitally transform the construction industry, ultimately with the objective ...
After 43 days of a government shutdown—the longest in U.S. history—Congress has finally returned to Washington, D.C., just in time for the holidays. President Trump signed a continuing resolution to ...
The many benefits of BIM include reduced costs and risk; improved collaboration, clash detection, sequencing, scheduling, safety, quality and post-construction management; and increase in ...
Modular construction projects involve complex commercial and legal issues that should be considered when drafting contracts. ConsensusDocs 753 addresses key issues of these hybrid transactions.
Gordian reports that structural steel prices in the U.S. currently average $2,477.25 per ton (October 2025), down 6.63 % from Q3 and 4.7 % year-over-year. Earlier in 2025 the trend showed a slight ...
As sustainable construction continues to focus on the full building life cycle, innovation in materials and technologies will result in groundbreaking changes and even more benefits. Sustainable ...
Disputes can be time consuming, costly and harmful to a contractor's reputation. Construction disputes are due to a perceived or real violation of a construction contract and the obligations set forth ...
Midsized construction firms are at a critical juncture: Digital transformation is moving fast, and AI has shifted from buzzword to bottom-line necessity. Yet many midsized, often family-owned firms ...
H.J. Russell & Company began with an entrepreneurial young boy’s shoeshine stand in Atlanta and has grown into a nearly half-billion-dollar Black-owned construction and development firm with a ...
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