WASHINGTON (Aug. 2, 2021) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator remained unchanged at 8.5 months in July, according to an ABC member survey conducted July 20-Aug. 2, up 0.7 months from July 2020.

WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in new infrastructure investments and, according to a White House fact sheet, will supply approximately 2 million jobs per year over the next decade.

MOUNTAIN VIEW, Calif. (Aug. 4, 2021) — Egnyte has published a research report that analyzes reported ransomware incidents among its architecture, engineering and construction (AEC) industry customers.

MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc., one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cash on hand and existing debt availability.

WASHINGTON (Aug. 6, 2021) —The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ARLINGTON, Va. (Aug. 2, 2021) — Construction officials have outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change. The new initiative from the Associated General Contractors of America (AGC) is designed to lessen the carbon footprint of the built environment while also making the process of building projects even more efficient.