Architecture firms reported a modest decline in billings in July, with business conditions remaining soft, according to the latest Architecture Billings Index (ABI) release. The report indicates that the broader economy remained mixed and architecture services employment declined for the fourth consecutive month.
The Dodge Momentum Index (DMI) rose in July, up from an upwardly revised June reading.
Spot market absorbs price hikes amidst booming plate demand
Aluminum Dynamics plans to invest more than $200 million to develop a recycled slab center in Lowndes County, Miss., establishing the permanent location for a project relocated from Arizona earlier this year.
Despite persistent pricing uncertainty, the Fed's latest Beige Book reported that the US economy continued to expand at a modest pace with labor market conditions improving.
Industrial construction and steel fabricator JGM has announced leadership changes.
During Worthington Steel’s fiscal fourth-quarter earnings call on June 25, company executives cited interest rates as a market headwind.
The American Institute of Architects (AIA) said architecture billings showed signs of cooling in May, with the headline index reading notably below 50.
The Dodge Momentum Index (DMI) grew in May, up from a downwardly revised April reading. Gains were again driven by data centers, though healthcare, retail, and office grew vs. April.
Atlas Tube, a Zekelman company, said on Friday it has agreed to form a joint venture with Maruichi USA.
Architecture firm billings retreated modestly in April, with the American Institute of Architects (AIA) reporting another month below the growth threshold.
The construction market is seeing activity from data centers and the energy infrastructure to support them. But other factors are dragging the sector down: The Iran war is spiking inflation; tariffs are driving up material costs; and immigration crackdowns are hurting labor.
Service centers held only 2.24 months of supply (49.3 days of supply) of sheet products in March, according to our latest figures. If you check our archives, you’ll see that's the lowest sheet inventories we’ve seen since June 2021 – which was hardly a bad year for steel.
Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, April 15, at 11 a.m. ET.
What a local media report described as an "explosion" on Friday night at U.S. Steel's Gary Works in Northwest Indiana has not disrupted production or resulted in any injuries, that company said.
Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, April 15, at 11 a.m. ET.
The Dodge Momentum Index (DMI) increased in March, but only from a downwardly revised February reading, and data centers were the only area to show positive growth.
Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, April 15, at 11 a.m. ET.
A precipitous decline in nonbuilding starts led to an overall slowdown in total construction starts from January to February, even as the nonresidential and residential sectors showed marked improvement.
Construction spending edged down slightly in January, slipping for the first time in three months.
The American Institute of Architects (AIA) said architecture billings showed signs of stabilizing in February, with the headline index reading coming in just below 50.
The Dodge Momentum Index (DMI) pulled back in February, as planning momentum normalized after a strong second half of 2025.
Economic activity across the US increased at a light-to-modest pace in seven of the 12 Federal Reserve Districts, according to the US Federal Reserve’s latest Beige Book report.
Over the last month, incoming macro data was encouraging but did not signal a wholesale change in trajectory from uneven expansion within industrials.
Total construction starts edged up 0.7% in January to an annualized rate of $1.24 trillion, according to Dodge Construction Network.
Companies are framing 2026 around backlog, mix and production discipline rather than a uniform market recovery.
AZZ Inc. expects steady top-line growth and improved annual earnings, capitalizing on new capacity ramp-up and strong downstream demand.
The Dodge Momentum Index (DMI) fell 6.2% in January to 272.7, retreating from December’s downwardly revised reading of 291.0, according to the latest data released by Dodge Construction Network.
Architecture firms across the US continued to face weak business conditions through the end of 2025, as economic conditions added to the uncertainty, said AIA.
The Dodge Momentum Index (DMI) increased from November to December, according to the latest data released by Dodge Construction Network (DCN).