View the Full Post Here Widespread financial distress in construction is one of the biggest issues surety providers are seeing right now. The upward trend in loss severity for contractors is reflected in the surety industry’s increasing loss ratio over the past year. This upward trend in loss severity ties to the challenging economic conditions […]
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View the Full Post Here Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. As the Baltimore Ravens took a 7-3 lead over the Atlanta Falcons at halftime in its preseason home opener on Aug. 17, fans began flocking toward the latest addition to M&T Bank […]
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View the Full Post Here Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction job openings dropped 17.1%, or by 51,000, in July, according to Bureau of Labor Statistics data released Wednesday. The report measures the number of seasonally adjusted open positions for […]
View the Full Post Here Matt Verderamo is a consultant at Well Built Construction Consulting, a Baltimore-based firm that delivers strategic consulting, facilitation services and peer roundtables for construction executives. Opinions are the author’s own. If you want to grow your construction firm, getting your backlog right couldn’t be much more important. A strong backlog […]
View the Full Post Here Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. What keeps structural engineers up at night? Most of all, it’s the pressure to accelerate construction projects and the country’s lack of infrastructure maintenance. That information comes from the National Council of […]
View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nvidia sustained five consecutive quarters of triple-digit revenue growth amid a massive AI infrastructure building boom, according to the company’s Q2 2025 earnings report. The chipmaker had record quarterly revenue […]
View the Full Post Here Dive Brief: Figure out the best use cases, but don’t try to shoehorn artificial intelligence where it doesn’t belong, a McCarthy tech expert and other panelists told listeners last week during a BuiltWorlds webinar. The panel, “Emerging Disruptors in Construction: The What, How, Why and Opportunities,” focused on the technologies […]
View the Full Post Here Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. The Myers-Lawson School of Construction, part of Virginia Tech’s College of Engineering, has introduced a new major to help shape the industry’s future safety leaders. The new construction safety leadership program, a […]
View the Full Post Here Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. The U.S. arm of London-based Balfour Beatty has tapped William “Billy” Webb, who has more than 35 years of experience in the power and electrical generation fields, as general manager of its […]
