Tag: Industry
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2026 Construction Industry Outlook: Flat Spending, Rising Costs and a Shift Toward Smarter, Longer-Lasting Infrastructure
The construction industry is heading into 2026 with a mix of stubborn challenges and new opportunities. ForConstructionPros.com has received reports from multiple companies pointing to an industry that will confront tight labor conditions, rising material costs and uneven regional demand, even as investment grows in smarter systems, digital tools and long-term resilience. Despite ongoing economic…
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AI is Transforming Construction: New Dodge and CMiC Report Reveals Industry Trends
Dodge Construction Network, in partnership with CMiC, has released AI for Contractors, a research report examining how artificial intelligence is impacting construction. The study found 87% of contractors believe AI will have a meaningful effect on the industry, with early adopters reporting measurable improvements. “AI-enabled solutions are giving contractors tools to turn data into actionable…
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Streamlining Payroll Management in the Construction Industry
In construction, two words send a chill down the spine of even the most seasoned contractors: “payroll mistakes.” The construction industry is notorious for having complicated and error-prone payroll processing. Between workers on multiple job sites, varying pay rates and numerous exemptions, getting payroll right is a major challenge. And when you factor in mistakes…
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Construction Industry Adds 19,000 Jobs in September as Unemployment Ticks Up
The construction industry added a net 19,000 jobs in September, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Industry employment is up 38,000 jobs over the past year, a 0.5% increase. Nonresidential construction added 16,300 positions, with gains across all subcategories. Nonresidential specialty trade contractors…
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Veterans Strengthen the Construction Industry Amid Skilled Worker Shortages
In a world built on progress, few industries rise and fall with changing times as much as the construction industry. This field never stands still, as skilled workers shape skylines and neighborhoods, laying the backbone of our cities. As demand grows and skilled hands become harder to find, the answer stands in plain sight: veterans.…
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‘Rising costs remain a major concern’: industry reacts to the budget
Chancellor of the Exchequer Rachel Reeves. Image: Gov.uk The chancellor yesterday (26 November) set out her spending plans in the autumn budget. For the construction industry, it was a mixed bag of partial wins and major gaps – although Rachel Reeves emphasised the importance of infrastructure projects for the country’s economy, the scale of the…
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M&A activity ticks up across the construction industry
On the heels of a fluid macroeconomic environment and instability, M&A activity cooled to start the year, according to WSP CEO Alexandre L’Heureux. However, that calculus may now be changing. Even as tariffs and uncertainty beleaguered the construction industry, and a government shutdown has blacked out data at a crucial moment, M&A has seen a recent uptick.…
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Coatings Industry Veteran Christopher Hoskins Retires
Kenneth Schultz, president of Inland Coatings, recently announced the retirement of commercial and industrial coatings pioneer Christopher Hoskins. From 1992 until 2018, Hoskins served as president of Truco Inc., a business founded in 1978 by his father, Richard, and his uncles, Terry and Ken. He most recently worked in technical services for Inland Coatings, which…
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Roadbuilding Industry To See Major Changes
We are heading into the soon-to-be offseason for many in the industry, and when things kick back up again in the spring, it’s going to be a different place. There have been lots of signs during the second half of 2025 that the economy is weakening, and, according to some economists, those indicators which have…
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Is Construction Finally Becoming a Tech Industry?
Artificial intelligence offers exceptional potential for the construction industry. It can help construction companies make more informed decisions, improve efficiency, increase safety, minimize risk, reduce costs and many other valuable benefits. Yet although nearly two-thirds of construction managers believe that their industry is “keeping pace with tech awareness,” other studies show that 65% of them report…