WASHINGTON, Jan. 9—The construction industry lost 11,000 jobs on net in December, according to an Associated Builders and ...
According to the latest JOLTS survey, the U.S. construction industry had only 292,000 job openings as of November 2025.
Estimated state construction unemployment rates were lower than their pre-pandemic level in just over 40% of states. As of ...
This is the 10th article in the Precision Construction series, which explores the application of the Internet of Things to digitally transform the construction industry, ultimately with the objective ...
Hybrid cost-plus contracting with lump-sum general conditions can have administrative advantages for contractors and owners. Effectiveness depends on project scale and whether parties accurately ...
Safety training is not a disposable task. Every employee needs to attend safety meetings and training. To keep safety in the forefront, managers need to provide relevant and useful safety instruction ...
While the numbers of suspensions and debarments have declined from the all-time high in 2011, there is still significant activity. Here's how contractors working on federal projects can avoid ...
Contingency is built into the bid to address unforeseen costs. The contract should address its permitted uses, whether owner approval is required, dispute resolution; and who gets any savings.
An owner of property under construction just learned that its general contractor commenced a Chapter 11 bankruptcy case. What are the owner’s rights? The contract with the general contractor provides ...
Modular construction projects involve complex commercial and legal issues that should be considered when drafting contracts. ConsensusDocs 753 addresses key issues of these hybrid transactions.
Gordian reports that structural steel prices in the U.S. currently average $2,477.25 per ton (October 2025), down 6.63 % from Q3 and 4.7 % year-over-year. Earlier in 2025 the trend showed a slight ...
H.J. Russell & Company began with an entrepreneurial young boy’s shoeshine stand in Atlanta and has grown into a nearly half-billion-dollar Black-owned construction and development firm with a ...