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Construction input prices climb 0.4% in March

Archinect

Bureau of Labor Statistics Producer Price Index data from the Associated Builders and Contractors (ABC) has shown an increase in the cost of construction input prices of 0.4% In the month, nonresidential construction input prices increased by 0.4%. Both overall and nonresidential construction input prices are 1.7%

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New AI resource guide details tech solutions for building contractors

Archinect

The industry group Associated Builders and Contractors (ABC) has just published a new guide to AI resources for contractors working closely with architects on building projects across the U.S.

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Top 10 U.S. contractors ranked by Engineering News-Record

Archinect

Engineering News-Record has released its 2023 rankings , listing the top commercial contractors in the United States. The companies were ranked by construction revenue in 2022. New York dominates the top 10 ranking with three firms, including the top spot, becoming the only state to hold more than one contractor in the top 10.

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LACMA shares custom-built glass facade details in new spring construction update

Archinect

New updates have been shared recently by the Los Angeles Angeles County Museum of Art (LACMA), charting progress on the $750 million new David Geffen Galleries from Peter Zumthor that is expected to finish construction by the end of this year. A recent look inside the project with its contractor Clark Construction can be found here.)

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Nonresidential construction spending declines 1.0% for February, according to new ABC analysis

Archinect

Spending on nonresidential construction declined 1.0% in February to a seasonally adjusted total of $1.179 trillion, according to an Associated Builders and Contractors (ABC) analysis of data published this week by the U.S. Private nonresidential spending fell 0.9%, while public nonresidential construction spending was down 1.2%

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Construction input prices rise 1% for January following December drop

Archinect

The value of construction input prices increased by 1% for the month of January when compared to December’s totals , according to an Associated Builders and Contractors (ABC) analysis of the latest U.S. For the month, nonresidential construction input prices increased 0.9%. Overall construction input prices are now 0.4%

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LAX Automated People Mover construction won't be completed until 2025

Archinect

KTLA is reporting that construction setbacks on the long-awaited Automated People Mover transit system at Los Angeles International Airport (LAX) have delayed the project until at least the end of 2025. ” The news comes after five years of construction on the $5.5 billion first phase of upgrades.