The Association of Equipment Manufacturers, in partnership with nearly 40 member companies, trade groups and industry stakeholders, brought the power and promise of the U.S. construction sector to the heart of the nation’s capital for the 2025 Celebration of Construction on the National Mall. Over three days, the event showcased equipment and technologies that are building America’s infrastructure, modernizing communities and advancing economic growth. AEM informally declared May 14, the first day of the event, National Off-Road Equipment Manufacturing Day. The awareness day recognizes the men and women who make off-road equipment and the industry that builds a stronger America. … Read more
ABC: Construction Materials Prices Tame in April Despite Rising Iron, Steel Costs
Construction input prices decreased 0.1% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.2% for the month. Overall construction input prices are 0.1% higher than a year ago, while nonresidential construction input prices are 0.2% higher. Prices decreased in all three energy categories last month. Natural gas prices were down 7.1%, while prices for unprocessed energy materials and crude petroleum were down 5.0% and 4.9%, respectively. “Construction input prices declined in April, but that was largely due to … Read more
Milwaukee Tool Reaches 100K+ Workers During 2025 Construction Safety Week
Each year, more than 150,000 construction workers are injured on the job in the U.S. — a sobering reminder that even as the industry navigates challenges like rising material costs and shifting trade policies, the protection of frontline workers must remain a top priority. Milwaukee Tool is taking bold steps to meet that challenge, investing more than $10 million annually in the trades. Among other things, this investment is being used to advance safety education, provide hands-on training and create real-world solutions that reduce risk on the jobsite. During Construction Safety Week held May 5-9, that commitment came to life … Read more
ABC: Backlog, Profit Margin Expectations Improve in April Despite Tariff Impacts
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to a 20-month high of 8.7 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is up 0.3 months since April 2024. Backlog has increased significantly over the past year for contractors with greater than $100 million in annual revenues. While backlog has also risen modestly for the smallest contractors, it is down on an annual basis for those with $30 million to $100 million in annual revenues. ABC’s Construction Confidence Index reading for profit margins improved in April, while the … Read more
USGBC Launches New, More Comprehensive LEED Rating System
The U.S. Green Building Council launched LEED v5, the latest version of its flagship Leadership in Energy and Environmental Design green building program. LEED v5 registration is available for new construction, interior and existing commercial building projects. Highlights include: Decarbonization accounts for half of all points for LEED v5 certification to confront current climate needs. The new rating system provides clear, actionable steps to deliver ultra-low-carbon buildings by targeting emissions reductions across all aspects of the building lifecycle. All LEED v5 projects will complete an operational carbon projection and will be given tools to craft a comprehensive, long-term decarbonization strategy. Quality … Read more