Tag: October
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ELFA October CapEx Index Signals Second-Best Year on Record
The latest CapEx Finance Index (CFI) released today by the Equipment Leasing & Finance Association (ELFA) showed that new equipment demand in October hovered near its 2025 high, demonstrating resilience despite heightened market volatility. Growth in total new business volumes (NBV) is expected to exceed $117 billion this year, positioning 2025 as one of the strongest years on record.…
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Construction job openings were ‘extraordinarily low’ in October
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction job openings sank to an “extraordinarily low” level in October, signaling a lingering cool-off in labor demand, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics report. Construction employers reported…
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ABC Backlog and Contractor Confidence Dip in October
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 20 to Nov. 4. The reading is down 0.1 months since September but unchanged from October 2024. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables and graph for October. View the full Construction Backlog…
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U.S. Construction Backlog Slips in October as Contractor Outlook Weakens
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.4 months in October, based on a member survey. The figure is down slightly from September and the same as that in October 2024. Backlog held steady or increased across the three major industries tracked in the survey. However, contractors that do not…
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October data signals boom, bust construction markets
Federal data went dark in October as the government shutdown stretched into its second month. The lack of government data has left builders without the usual reads on construction spending, producer prices and overall job numbers. With these reports on pause, construction firms face a data vacuum on materials costs and pace of construction investments,…
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October 2025: Contractors report their latest awards
New business is the foundation upon which construction’s ongoing work is built. No matter the economic outlook, interest rate environment or cost of materials, someone, somewhere will need construction on a new project. It’s the lifeblood of an industry that lives by the mantra: “Get ‘er done.” For contractors, landing new business also keeps the…
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In pictures | The best images from October
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in BAM, Bobcat, Costain, Eden Project, Edge, environment, Featured, HS2, JCB, Mace, mental health, Nature, News, Plant & machinery, Sustainability, TBMs, Tunnels, WellbeingA round-up of the most impressive construction pictures from the past month. Image: Edge Edge London Bridge reaches new heights Edge has announced the topping out of its new 27-storey office development in London. The project is being delivered by Mace as main contractor and is due for completion in 2026. Located adjacent to London…
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Mr. Electric Urges Fire Safety Awareness This October
October is National Fire Prevention Month, with National Fire Prevention Week taking place October 5-11. It’s an important reminder for homeowners to review their fire safety plans and take proactive steps to protect their families. Mr. Electric®, a Neighborly® company, encourages homeowners to go beyond checking smoke detectors and also safeguard against electrical hazards by keeping systems…
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CIOB diary: what’s on in October
Image: Dreamstime Highlights of the CIOB Calendar for the coming month. Embodied Carbon in Construction: Why Supply Chains Hold the Key This webinar will explore why collaboration of the entire supply chain is vital in the quest to achieve net zero emissions by 2050, but also fosters performance efficiency and innovation. The webinar will begin…
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Awaab’s Law to come into force in October
Richard Blakeway, Housing Ombudsman, said: “We have seen some progress two years after the inquest into Awaab Ishak’s death. We can see landlords investing more into repairs, using new technology and changing the culture of housing management. Those landlords should be recognised for the steps they have taken to make homes better in this vital…