Tariffs Push Construction Materials Prices Higher in November

Tariffs seem here to stay, along with the subsequent rising materials prices. WASHINGTON, Jan. 14—Construction input prices increased 0.6% in November compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased 0.6% for the month. Overall […]

Construction starts on Africa’s biggest airport

Mesfin Tasew, Ethiopian Airlines Group’s chief executive, said: “As we celebrate 80 years of service, this project stands as yet another milestone, underscoring our commitment to shaping the future of the African air transport industry, while supporting the growing demand for our passenger and cargo services. Source link

Construction Backlog Indicator Inches Higher in December, Fueled by Data Center Momentum

Two weeks into the new year and data centers are still bolstering backlogs. WASHINGTON, Jan. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.2 months in December, according to an ABC member survey conducted Dec. 22 to Jan. 7. The reading is up 0.1 months since November but down 0.1 […]