Construction Futures: February 2026 Economic Roundup

What We Learned in February: Construction Industry Continues to Search for Momentum While construction hiring rebounded in January, nonresidential activity remains subdued, especially in the private sector. As a result, backlog fell to a four-year low in January. Thankfully, materials prices have been relatively stable over the past several months, and there are signs that […]

WSP cautions against ‘AI hysteria’ on Q4 earnings call

Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. WSP’s business model is not in danger of becoming obsolete as the construction industry transitions from “AI euphoria to AI hysteria,” CEO Alexandre L’Heureux told investors during the firm’s fourth-quarter and full-year earnings call on Thursday. The […]

ABC Statement on President Trump’s 2026 State of the Union Address

WASHINGTON, Feb. 24—Associated Builders and Contractors released the following statement from President and CEO Michael Bellaman in response to President Donald Trump’s 2026 State of the Union address: “ABC appreciates the president’s continued focus on the economy, expanding opportunity for American workers and addressing affordability. These priorities align with the principles that have guided ABC […]