The top 8 OSHA fines of Q2 2022
From April to June 2022, OSHA issued hefty construction-related fines — some close to $800,000 — for everything from fall hazards to unprotected e…
Author: construction dive
Finally: PPI posts first decline since April 2020
After 20 months of sequential increases, the producer price index was 0.5% lower last month, the first negative reading since April of 2020, with cost…
Workers have power. A recession won’t change that, one executive says.
The argument over whether work should be virtual or in physical offices is “yesterday’s conversation,” according to one PwC leader.
New report ties jobsite falls to company policies
In a CPWR survey, researchers found individuals working for subcontractors at the time of a fall are 2.7 times more likely to die compared to those em…
Procore to expand into fintech services, CEO says
The company’s new system would purchase materials for subcontractors, securing payment against the property itself using lien rights.
NYC construction activity still up for the year, but slumps in Q2
While higher than 2021, Q2's filings were 16% lower than the average since the 2008, according to the report.
Katerra factory buyer acquires PA facility, targets multifamily construction
Volumetric Building’s new purchase features over 356,000 square feet of space and will serve major markets in the Northeast, such as Philadelphia,…
3 US cities with the biggest increases in construction costs
Rider Levett Bucknall called attention to the workforce shortage construction faces in a recent report, highlighting the need for new workers.
‘Tougher times ahead’ for construction as July backlogs fall
With new work and profit expectations continuing to fall, ABC’s Anirban Basu said construction activity clearly “has begun to fade.”
WSP reports lower profits but higher revenue, adds RPS Group to buying spree
The Montreal-based contractor hopes the acquisition will bolster its environmental strategy.
