Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

HAMILTON, N.J. (July 8, 2021) – Following 6 months of consecutive gains, the Dodge Momentum Index fell to 165.8 in June, down 5% from the revised May reading of 175.1.

DUBUQUE, Iowa (June 18, 2021) — Spahn & Rose Lumber Co. has entered into an agreement to purchase Metro Building Products, based in Marietta, Georgia. The planned acquisition unites two successful longtime lumber and building-material companies.

WASHINGTON (July 1, 2021) — National nonresidential construction spending declined 0.7% in May, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.

SURFSIDE, Fla. (June 29, 2021) — More than 100 people are still unaccounted for after a collapse of a Florida condo building, The Champlain Towers South, on Thursday, June 24, 2021; 12 residents are confirmed dead. Despite the reported neglect of the building, a total collapse on this scale is still incredibly rare.

ARLINGTON, Va. (June 25, 2021) — Construction employment in May remained below the April level in 40 states and the District of Columbia, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials said skyrocketing materials prices and excessive delays in receiving key construction supplies were holding back the industry’s recovery.

DENVER (June 21, 2021) — Colorado Governor Jared Polis has signed SB21-246, making his state the first in the nation to pass an electrification policy with support from organized labor. The Colorado BlueGreen Alliance-backed legislation will help Coloradans upgrade to efficient electric appliances, furnaces and water heaters that keep their bills low and air clean.

LAKE MARY, Fla. (June 7, 2021) — FARO Technologies, Inc. a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the acquisition of HoloBuilder, Inc.

WASHINGTON (May 13, 2021) — Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices increased 1.6% for the month.

WASHINGTON (June 15, 2021) – Three new leaders have been elected to the American Institute of Architects’ (AIA) board of directors.

AIA delegates elected Emily A. Grandstaff-Rice, FAIA, of Boston Society of Architects/AIA Massachusetts as the 2022 first vice president/2023 president-elect; Timothy C. Hawk, FAIA, of AIA Columbus/AIA Ohio as the 2022-2023 treasurer; and Kevin M. Holland, FAIA, of AIA Los Angeles/AIA California as the 2022-2024 at-large director.

WASHINGTON (June 8, 2021) — Associated Builders and Contractors (ABC) has announced that Tia Perry, formerly ABC’s director of business development and partnerships, will now serve as its director of inclusion, diversity and equity (IDE) in support of ABC’s 69 chapters and 21,000 members.

BIRMINGHAM, Ala. (June 3, 2021) — Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with FlowForma.

The live, online event, “How to Improve Remote Workforce Communications by Eliminating Spreadsheets” will take place June 24, 2021, at 11 a.m. CST, and will feature insights from Morgan Construction about its experience and tips for streamlining processes.

ARLINGTON, Va. (June 4, 2021) — Construction employment decreased from February 2020 – the last month prior to the pandemic – to April 2021 in 107, or 30%, of the nation’s metro areas, and was stagnant in another 34, according to an analysis by the Associated General Contractors of America (AGC) of government employment data released today.

FAIRFAX, Va. (June 1, 2021) – June 2021 has been declared “Trench Safety Month” by the National Utility Contractors Association (NUCA), further highlighting its educational and safety program, the annual “Trench Safety Stand Down” week to be held between June 14-18.