Market Overview

How Do Recent Ballot Decisions Impact the Construction Industry?
Market Overview How Do Recent Ballot Decisions Impact the Construction Industry?

The recent elections have brought a wave of decisions that will significantly impact the construction industry. Voters across various states made choices on propositions and bond measures that will shape the future of education facilities, infrastructure projects, housing development, environmental

Is Microsoft's $1 Billion Investment the Future of Central Ohio?
Market Overview Is Microsoft's $1 Billion Investment the Future of Central Ohio?

Microsoft's $1 billion investment plan to build three data centers in central Ohio raises crucial questions about the future of technology infrastructure and its potential to reshape the regional economy. Unveiled by regional economic development group One Columbus on October 28, the project

How Will Granite Construction Thrive With IIJA Funds and Market Trends?
Market Overview How Will Granite Construction Thrive With IIJA Funds and Market Trends?

Granite Construction's optimistic outlook on public market opportunities stems from the substantial revenue generated by the Infrastructure Investment and Jobs Act (IIJA) and its strategic plans to capitalize on this influx. According to CEO Kyle Larkin, only 40% of the allocated IIJA funds are

How Will Election Uncertainty Impact Construction in 2024?
Market Overview How Will Election Uncertainty Impact Construction in 2024?

Election uncertainty has had a noticeable impact on construction activity leading up to the 2024 presidential race. Business owners' anxiety is at an all-time high, influencing key sectors such as private construction, while public sector projects remain somewhat insulated from these concerns for

How Are Construction Firms Thriving Amid Economic Challenges?
Market Overview How Are Construction Firms Thriving Amid Economic Challenges?

The construction sector in the United States is currently navigating a landscape marked by inflation, labor shortages, and fluctuating interest rates, challenges that would be daunting for any industry. Despite these economic hurdles, leaders from major firms such as Shawmut, Granite, and JE Dunn

USDA and SLB Launch 2025 Mass Timber Competition for School Projects
Market Overview USDA and SLB Launch 2025 Mass Timber Competition for School Projects

In an ambitious move to boost sustainable construction, the USDA Forest Service and the Softwood Lumber Board have announced the 2025 Mass Timber Competition: Building Sustainable Schools. This initiative, further supported by the Center for Green Schools at the USGBC and WoodWorks, aims to

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