The leading index for commercial real estate, as measured by the Dodge Momentum Index (DMI), saw a 5% decline in October 2024 from the preceding month, dropping to 197.2 from 208.2. Despite this monthly retreat, the DMI remains 13% higher than in October 2023, indicating strong year-over-year
The 3D printing construction market has been on an extraordinary growth trajectory, showcasing its potential to revolutionize the construction industry. Evaluated at USD 1.4 billion in 2019, the market is projected to skyrocket to USD 397.5 billion by 2031. This remarkable expansion is driven by
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
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
The global nuclear reactor construction market is poised for substantial growth from 2024 to 2032. This market is set to expand from $7 billion in 2023 to $9.3 billion by 2032, driven by rising energy demands, climate change concerns, and advancements in nuclear technology. Governments and private
The European construction industry, traditionally marked by slow innovation uptake and fragmentation, is undergoing a significant transformation. This shift is propelled by a burgeoning class of technology startups that are securing critical funding to catalyze industry-wide changes. As of October
