A forecast by consultant Currie & Brown says construction costs globally will rise 2.4% this year, but notes that figure masks wide variations by country and an underlying volatility caused…

Jerome Powell, chair of the Board of Governors of the Federal Reserve – the body that sets interest rates in the US – has hit back at threats of criminal…

Data has begun seeping out of US federal agencies again after the longest shutdown in history, and the picture for August – the latest month for which numbers are available…

The rapid growth of artificial intelligence and cloud computing is driving a global construction surge for data centres with some projects now costing more than $20bn, according to a new…

First, the bad news: Last month, eurozone construction saw its steepest drop in activity since March. In Germany, the sector was described as “sinking deeper into the proverbial swamp” while,…

A snapshot of the global data-centre construction market reveals rising costs and unease over the construction supply chain’s ability to meet soaring demand. The vulnerabilities are both human and systemic.…

A new global survey quizzed construction executives about their AI plans, actions and perceptions. The results suggest the “AI revolution” is some way off. In February 2021, two US economists…

The construction industry had only 188,000 job openings in August, down 38% from the month before and 38% from August 2024, according to analysis of US Bureau of Labor Statistics…

Annual construction output in the UAE is projected to swell to $130.8bn by 2029, up from the record $107.2bn seen in 2024, according to property consultancy Knight Frank. “The UAE…

The cost of materials and services used in nonresidential construction in the US rose 0.2% from May to June and 2.3% from June last year, the biggest 12-month increase since…

Volvo Construction Equipment has issued its 2025 second quarter report showing sales falling in Europe and North America, which the company attributes to market uncertainty. Despite this, the company’s net…

US construction spending in May saw its biggest year-on-year slump in six years as developers delay or cancel projects amid confusion over US President Donald Trump’s policies on tariffs, labour…

Tuesday marked the 100th day of President Donald Trump’s second term in office and there are signs of stress and jitters in the US construction industry, with rising prices, falling…

Several of the world’s leading data centre hyperscalers are eyeing Northern Italy – and Milan, in particular – to expand their footprint. This has nothing to do with the catwalks.…

India’s construction equipment market is set to double in size over the next five years, according to a report by Pune-based industrial consultant Maximise Market Research (MMR). It will reach…

US President Donald Trump sowed more tariff confusion on Thursday when he paused the 25% tariffs on all goods coming into the US from Canada and Mexico that he put…

German contractor Hochtief has seen a 20% increase in turnover to €33.3bn and a 48% rise in nominal net profit to €776m. Announcing its 2024 results, chief executive Juan Santamaría…

The Associated Builders and Contractors (ABC), a US trade body, has published its list of America’s best contractors in various fields. The results are judged by the total number of…