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Machinery Partner used BLS data to identify the construction materials—including equipment—that saw the steepest price increases over the last year.
The building materials industry has reached a watershed moment with the launch of the Building Materials Careers Association ...
Many workers are injured by falling tools and materials. Graphic: Courtesy of the Center for Construction Research and Training.
It is no secret that the prices of construction materials and equipment have been skyrocketing. The costs of lumber, steel, copper, glass and PVC, for example, have increased dramatically since ...
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Winter weather disrupts outdoor construction, causing delays and ...Snowy and icy roads can delay the delivery of construction materials and equipment. Once all materials and equipment are on site, cold weather can affect that equipment's functionality, leading to ...
For an industry that’s been around for millennia, construction is seeing significant benefit from the use of AI.
Both the material/equipment and labor categories continue to record higher prices. The materials/equipment price index came in at 51.3 in June, its lowest level in seven months.
According to Buildiro.com, a UK metasearch engine that provides information on building materials and tools, there has been a rise of up to 100% in the prices of products for DIY enthusiasts and ...
Field Materials, a US-based AI construction procurement platform, has raised $10.5m in a Series A funding round. This investment boosts the company's total funding to nearly $19m and aims to ...
Sub-indicator for materials and equipment costs slid 10.6 points to 46.9, the first sub-50 result in two years.
global market for Construction Materials estimated at US$ 1121100 million in the year 2022, is projected to reach a revised size of US$ 1493810 million by 2028, growing at a CAGR of 4.9% during ...
The IHS Markit PEG Engineering and Construction Cost Index is based on surveys of members of the “Procurement Executive Group” asking whether prices for individual materials, equipment and ...
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