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Construction Trends

GMS Acquires AMW Construction Supply in Phoenix

GMS Inc. has acquired AMW Construction Supply, LLC, a distributor of tools, fasteners and other complementary products servicing the Phoenix metro area. In addition, the company announced the recent openings of two new greenfield yards...

Fabcon Acquires Bristol Precast

Minneapolis-based Fabcon Precast has acquired Bristol Precast, a division of The Bristol Group. The Bristol Group is a design-build commercial construction firm and manufacturer of precast concrete wall panels and other structural products, serving customers...

Construction Employment Rises by 11,000 Jobs in September

The construction industry added 11,000 jobs in September as unemployment rates for the sector remained at historically low levels, prompting contractors to raise pay faster than for other jobs, according to an analysis of government...

Architecture Firm Billings Decline Sharply in September

Business conditions at architecture firms deteriorated in September. The AIA/Deltek Architecture Billings Index score of 44.8 for the month is the lowest score reported since December 2020 during the height of the pandemic and indicates...

Dodge Momentum Index Rises 3% in September

The Dodge Momentum Index, issued by Dodge Construction Network, improved 3% in September to 182.5 (2000=100) from the revised August reading of 178.0. Over the month, the commercial component of the DMI fell 1%, while...

Equipment Finance Industry Confidence Lower in October

The Equipment Leasing & Finance Foundation has released the October 2023 Monthly Confidence Index for the Equipment Finance Industry. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the...