March 14, 2025
| Today’s news and insights for construction leaders
After Hurricane Milton damaged Tropicana Field and created economic uncertainty in St. Petersburg, Florida, funding delays were too much, the team’s owner said.
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Goosed by trade fears and rising iron, steel and lumber costs, inputs are likely to post year-over-year jumps for 2025, according to Associated Builders and Contractors.
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UPDATED
Though building's “essential” status kept workers busy through lockdowns, the industry still has not recovered from the blow to an already-persistent trades shortage.
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Contractors better manage construction project economics and carbon footprint with simulation apps.
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Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market will continue benefiting from high energy demand.
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PROJECT WINS
The contractors will build out the facility, which manufactures the 787 Dreamliner aircraft, as part of the aerospace firm’s $1 billion investment in the location.
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As spending, interest and education around AI increases, pressure grows for contractors to either adapt or get left by the wayside. Explore how the AI arms race will accelerate for builders in 2025 in
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Sen. Bernie Sanders was among the legislators to resubmit the law, which would make it easier for workers to form unions.
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A business in the skilled specialty trades can be rewarding, but not without its challenges. Explore common subcontractor complaints and tips for how to prevent those pain points in this infographic.
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