New Study: Project Management Software for Construction Owners and Contractors Increases Profitability, Productivity, and Efficiency for High Skill Users
Data Shows 77% of optimized adopters experience increased profit margins and productivity gains for leadership/executive teams Dodge Construction Network, in partnership with Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the findings of a new study that measures the value of project management software for construction owners and contractors….
Barely Half Of Metro Areas Add Construction Jobs From July 2024 To July 2025; Association To Unveil Survey Finding Firms Struggle To Fill Openings
Just 184, or 51 percent, of the nation’s metro areas added construction jobs between July 2024 and July 2025, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said a survey of their members to be released on Thursday shows many contractors want to hire more workers but cannot…
Turner Building Cost Index Q2 2025: Costs Continue to Rise
Turner Construction has released its Q2 2025 Building Cost Index, and the message is clear: construction costs continue to climb. The index, a widely followed benchmark that tracks labor, material, and productivity trends in the U.S. nonresidential building market, shows a steady upward trajectory through mid-year. While the pace of increases has moderated compared to…
Construction Employment Growth Anemic in July
The construction industry added 2,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released Friday by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 96,000 jobs, or 1.2%. Nonresidential construction employment increased by 6,400 positions on net, with growth in 2…
Nonresidential Construction Spending Contracts in 6 of Past 7 Months
National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.3%…
Contractor Optimism Grows as ABC’s Backlog Indicator Rebounds in June
Associated Builders and Contractors reported today 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 the full Construction Backlog Indicator and Construction Confidence Index data series. The largest contractors have nearly two…
Dodge Momentum Index Expands 7% in June
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 (2000=100) from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%. “Nonresidential planning steadily improved in June, alongside strength in warehouse, recreational, and data center planning,” stated Sarah Martin, associate director…
Tariffed Construction Materials Prices Rise in May
Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 0.3% for the month. Overall construction input prices are 1.3% higher than a year ago, while nonresidential construction…
Dodge Momentum Index Increases 4% in May
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 3.7% in May to 211.2 (2000=100) from the downwardly revised April reading of 203.5. Over the month, commercial planning grew 0.8% while institutional planning improved 10.5%. “Nonresidential planning continued to accelerate in May, primarily driven by strong project activity on the institutional side of the…
Contractors’ Backlog Falls Sharply in May
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in May, according to an ABC member survey conducted May 20 to June 3. The reading is up 0.1 months since May 2024. View the full Construction Backlog Indicator and Construction Confidence Index data series. While the South maintains the longest…
