Sebastian Obando

The Federal Reserve held rates steady Wednesday afternoon, dashing hopes for a summer cut, but builders are adjusting their strategies to stay on the job.

Certain sectors, such as manufacturing and data centers, fueled a sharp rise in groundbreakings, but contractors remain wary of the second-half outlook.

The firm is using technology from Join and Destini to drive better outcomes for clients seeking surgery centers and freestanding emergency rooms.

Materials prices climbed again in June, according to the latest Producer Price Index, even without new levies that are set to take effect on Aug. 1.

Contractors reported stronger pipelines despite lingering tariff-related impacts on costs, according to Associated Builders and Contractors.

Warehouse, healthcare and tech projects drove the majority of growth in June amid pockets of softness elsewhere, according to Dodge Construction Network.

A bounceback in activity offered some relief for contractors but momentum may be tempered by tariffs and economic uncertainty, according to Dodge Construction Network.

The builder has hired former Turner Construction executive Suzanne Bennett to lead its new subsidiary focused on equipment sourcing.

Spikes in iron, steel, copper and aluminum prices in May largely offset declines in energy, according to the latest Producer Price Index data.

The Dallas-based contractor has already started construction and plans to deliver multiple phases of the project between 2026 and 2030.

Tariff-related project delays and cancellations caused contractors’ pipelines to ease off a recent peak, according to Associated Builders and Contractors.

Despite slower data center activity last month, the nonresidential pipeline grew 24% over 2024’s level.

Building activity softened last month as tariff impacts and project delays began to ripple through contractors’ pipelines.

A spike in scrapped jobs drove the sharpest rise in construction stress in over a year as developer confidence erodes, according to ConstructConnect.

Nearly 22% of contractors have reported project delays or cancellations due to tariff-related impacts, according to Associated Builders and Contractors.

Economic uncertainty and April’s tariff announcements caused groundbreakings to drop sharply, according to a new report from Dodge Construction Network.

Over the past 12 months, non-public developments placed on hold jumped 40%, while abandonments increased 14.1%, according to ConstructConnect.

Data centers are “perhaps the only remaining source of industry momentum” as most private sectors pulled back in March, according to ABC’s chief economist.

The contractors expect to wrap up work on Massachusett’s first diverging diamond interchange by mid-2030.

Salt City Constructors, a team of three contractors, expects to begin work immediately on the $2.25 billion effort to reconnect neighborhoods in Syracuse.