Construction Industry News
A collection of Construction latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Indicators 2026: Construction industry holds steady in NEPA despite workforce challenges
WILKES-BARRE — The construction industry is a significant component of the economy in Northeast Pennsylvania, but faces some notable challenges tied to workforce shortages, according to data provided by The Institute. The regional data…
Hong Kong records 17% jump in investments led by purchases, construction
Hong Kong recorded a 17 per cent growth in investment in the first quarter of the year driven mainly by machinery purchases and construction-related activities, according to the city's finance chief, reflecting a steadily improving property market.
Construction start-up ProcurePro hits $100m valuation
Construction software start-up ProcurePro has lifted its valuation above $100 million after securing backing from QIC Ventures and the venture capital arm of French construction giant Bouygues, as investors flock to niche software solutions…
Ospreys cause MnDOT to modify construction plans on Hwy 12
WAYZATA, Minn. — In real estate, the saying goes: location, location, location. A pair of ospreys nesting above Highway 12 in Wayzata apparently agrees — and no amount of orange cones was going to change their minds. The birds have…
The UN Is Burning Through American Taxpayer Money for Bad Construction Projects-and No One's Watching
The federal government's own watchdog has confirmed what the numbers have long made clear: the United Nations cannot be trusted to manage the money it receives, and the State Department has been complicit in letting it happen. A new Government…
John Fetterman rips Democrats for running campaigns on 'f--- Trump' instead of constructive messaging
Pennsylvania Sen. John Fetterman broke with fellow Democrats again Friday, criticizing what he called the party's overreliance on anti-Trump messaging and urging a shift toward a more constructive approach. 'My colleagues, and people that are…
Full list of city streets to be transformed with planned construction dates
As work progresses up on New Street and contractors put the finishing touches to a new look road, we thought we'd share a little bit more about the plan for what's next. The busy thoroughfare has been under construction since the start of January…
Construction of Russia's First Private Spaceport Planned for 2026 - Company
' The company plans to begin construction and commission one of the launch pads as early as 2026. If the schedule is met, the first-ever launch of a private rocket into space in Russia could take place this same year – from the territory of…
Abingdon & Witney College students take part in construction competition
The pilot event, held on May 6, brought together apprentices and full-time learners from the college's construction programmes who competed in realistic, trade-based tasks set to industry standards. Competitions took place across three campuses…
Everus Construction Group Q1 Earnings Call Highlights
Mid-Cap Marvels: 3 Stocks That Crushed Sales Estimates in May Everus Construction Group NYSE: ECG reported a strong start to 2026, with first-quarter revenue and EBITDA rising sharply from the prior-year period as growth continued across both of…
World's largest AI campus 'now under construction' in UAE as nation commits to tech growth
“The future of AI will be shaped by countries willing to invest, to commit, and to be held accountable. We are all three — and we intend to be a model for others.” With those remarks, UAE Ambassador to the United States Yousef…
Daniel Cittadino: Miami Luxury Market Insights and Tips
As global capital continues to flow into South Florida, today's high-net-worth buyers are approaching residential construction with the same discipline they apply to their businesses: asking deeper questions, demanding transparency, and…
Japan group launches online timber market
A Japanese group of forestry organizations launched an online timber marketplace in February to match forest owners with buyers nationwide. About 30 businesses, mainly buyers, had registered on the platform by the end of April, with timber listings…
Tradies face breaking point as building supply costs rise again
The construction industry is being pushed to the brink as a second wave of price rises stemming from the Middle East war increases the pressure on smaller builders and tradespeople, who were already overrepresented in insolvency statistics before…
Trump's latest deal likely to spike electricity prices for decades
By Christopher Niezrecki, Director of the Center for Energy Innovation, UMass Lowell ; Ben Link, Deputy Director of the Ralph O'Connor Sustainable Energy Institute, Johns Hopkins University, and Zoe Getman-Pickering, Program Director of the…
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