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.

Only 4% of federal cancer funding is dedicated to childhood cancer, and CCRF works to fill the gaps by providing the critical funding needed to find safer, more effective therapies for kids battling cancer. Today, more than 15,000 kids and young adults are diagnosed with cancer each year, which is approximately 42 per day. Approximately one in 285 children in the United States will be diagnosed with cancer before their 20thbirthday. 

Kwame Building Group has received the American Concrete Paving Association “Excellence in Concrete Paving Award” for taxiway and runway rehabilitation work at St. Louis Lambert International Airport. Via their joint venture with HR Green Inc., Kwame provided project management for the $9.7 million, multi-phase project, which included reconstruction of taxiways, known as Sierra and Kilo, and the rehabilitation of runway 12L-30R

Following a sizable decrease in demand for design services in March, the April Architecture Billings Index (ABI) climbed back into positive territory according to a new report today from The American Institute of Architects (AIA).

New York, New York (May 22, 2019) — The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics.  Steep declines were registered by two of the three main construction sectors.  Nonbuilding construction, which is co

Recent data indicates strong financial performance industrywide for AEC.  Zweig Group’s annual “Financial Performance Survey of AEC Firms,” released April 4, 2019, identified a strong positive trend in multiple key financial indicators, including profit, revenue, staff growth and backlog.