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There’s a new acronym in town, and it packs a punch. BAM—ballistic aero-optics and materials—is the name of the nation’s newest, biggest and most advanced enclosed hypersonic testing facility. For five years and $65 million—$50 million for research and $15 million supporting spe...

WASHINGTON, Aug. 1—National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 tri...

What We Learned in July Construction spending has been declining for several months, yet industrywide employment continues to grow, backlog increased in June and ABC members remain relatively confident about the future. Despite that optimism, the industry faces many headwinds in...

In the latest Construction Economic Update and Forecast webinar, expert economist Anirban Basu painted optimism over the current and future state of the construction economy under the effect of the Trump administration trade tariffs. The One Big Beautiful Bill is seemingly a posi...

WASHINGTON, July 16—Construction input prices increased 0.2% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3%...

WASHINGTON, July 15—Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 8.7 months in June, according to an ABC member survey conducted June 20 to July 7. The reading is up 0.3 months since June 2024. View ABC’s Construction Backlog Indic...

According to the U.S. Census Bureau, the U.S. population has grown substantially in the last year, outpacing average annual growth. Catering for this massive population growth will require an enormous investment in new housing, more retail, better roads, bigger schools and hospit...

WASHINGTON, July 1—National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.237 tril...

Given the fast pace of construction, especially when it comes to critical infrastructure—from data centers to medical facilities to airports—it is in everyone’s best interest to ensure these buildings go (and stay) operational from day one. There’s no room for delays, and the cos...

Let’s face it—animal care facilities present a unique set of challenges that differ significantly from other commercial project types. Whether it’s an animal shelter, veterinary hospital, doggy daycare, grooming facility or pet clinic, these spaces demand specialized design, syst...