Home / News

Latest Construction and Development News

Dodge Momentum Index Soars 6.2% in April, Driven by Commercial and Institutional Planning Gains

Dodge Construction Network • MAY 7, 2026

The Dodge Momentum Index surged 6.2% in April, signaling a robust revival in commercial and institutional planning after a slow start to the year. With significant increases in sectors like traditional office buildings, data centers, and education projects, experts suggest this uptick could foreshadow a wave of renewed construction activity. However, challenges such as labor shortages and supply chain issues continue to loom large on the horizon.

Gateway Engineers advertisement featuring the company logo, the tagline “Engineering resilient infrastructure that withstands change and protects our communities,” and aerial construction and surveying scenes with office locations and contact information.

April Sees 109,000 Job Gains and 4.4% Pay Rise in ADP's Latest Employment Report

ADP • MAY 6, 2026

ADP's latest National Employment Report reveals an encouraging boost in the private sector, with 109,000 jobs added in April and a notable pay rise of 4.4%. The health care sector led the charge, contributing significantly to job growth, while trade and transportation showed signs of recovery. As the fastest job growth since January 2025 unfolds, this report highlights a dynamic shift in the hiring landscape.

Construction Hiring Stagnates Amid 224,000 Job Openings, Says ABC Report

ABC • MAY 5, 2026

A recent report from the Associated Builders and Contractors (ABC) reveals a perplexing picture for the construction industry, which is grappling with 224,000 job openings yet continues to face hiring stagnation. Although there’s a slight rebound in hiring activity, contractors are hesitant to make significant changes amid economic uncertainty, resulting in an unusual labor market dynamic marked by slow layoffs and low worker turnover. As optimism remains cautious, the industry appears to be in a holding pattern, waiting for clearer skies.

Meyer Unkovic and Scott, Attorneys at Law

Economic Signals Push Commercial Real Estate Outlook: Jobs Data, SLOOS, and REIT Earnings in Focus

trepp • MAY 5, 2026

In this week's analysis from Trepp, the future of commercial real estate (CRE) is under the spotlight as we examine critical economic signals. With the April jobs report on the horizon and insights from the Senior Loan Officer Opinion Survey, all eyes are on labor market trends and lending conditions that will shape demand in the multifamily sector. As multifamily REIT earnings reveal intriguing data on rent growth and concessions—especially in the Sun Belt—the upcoming weeks could redefine the landscape for CRE as we move further into 2026.

Pennsylvania Supreme Court Confirms Construction Statute of Repose, Upholding 12-Year Limit for Liability Claims

Clark Hill • MAY 4, 2026

In a significant ruling, the Pennsylvania Supreme Court has upheld the 12-year construction statute of repose, reaffirming that even public entities like Clearfield County cannot evade liability claims tied to construction defects. This landmark decision emphasizes the finality of liability periods for construction professionals, fostering a clearer legal landscape for future cases. The judgment not only highlights the limits of the doctrine of nullus tempus but also strengthens the protection of builders against outdated claims.

TRE Construction A commercial construction company family owned

Goldman Sachs Report Projects $4-8 Trillion AI Infrastructure Investment with Key Assumptions at Play

Goldman Sachs • MAY 1, 2026

Goldman Sachs' latest report, "Tracking Trillions," reveals a staggering projected investment of $4 to $8 trillion in AI infrastructure over the next five years, driven by critical assumptions about technological development and market dynamics. Highlighting factors like the economic lifespan of AI chips and rising construction costs for data centers, this comprehensive analysis underscores the fluid nature of capital needs that investors must navigate. With nearly $7.6 trillion anticipated by 2031, understanding these key drivers is crucial for anyone looking to capitalize on the AI boom.

FOMC Pauses Rates Amid Dissent as Kevin Warsh Prepares to Take the Helm of the Fed

trepp • APRIL 29, 2026

In a historic move, the Federal Reserve's April meeting saw an 8-4 vote to maintain interest rates at 3.50% to 3.75%, marking the largest dissent since 1992 amid ongoing inflation concerns. As Kevin Warsh prepares to succeed Jerome Powell as Fed Chair, his approach to inflation measurement could signal a new chapter in monetary policy. Market watchers are keen to see how Warsh’s communications will shape expectations and influence the financial landscape in the coming months.

From schools to commercial development, only Specified Systems offers complete vertical integration of services including product engineering, fabrication, site management, and installation by our own turnkey workforce.

Goldman Sachs Predicts 6% Rise in US Stocks by Year-End 2026 Amid Corporate Earnings Growth and AI Investment

Goldman Sachs • APRIL 29, 2026

Goldman Sachs' latest report forecasts a 6% surge in US stocks by year-end 2026, propelled by strong corporate earnings and significant investments in artificial intelligence. Anticipated growth in earnings per share, combined with improving investor sentiment and a notable rally in the S&P 500, sets the stage for potential record highs. While the outlook remains optimistic, caution is advised as market participation shows signs of narrowing.

"Contractors: Key Legal Pitfalls to Navigate When Expanding into New States"

Clark Hill • APRIL 27, 2026

In a rapidly changing market, contractors eyeing expansion into new states must tread carefully to avoid costly legal missteps. A new report from Clark Hill highlights critical legal considerations, from varying licensing requirements to state-specific prompt pay statutes and lien laws. Equip yourself with the essential knowledge to navigate these challenges and seize new opportunities confidently.

 The strongest builds start with the right legal footing.

CAPE Portal Launch: Essential Insights for Importers on Tariff Refund Requests

Clark Hill • APRIL 23, 2026

Discover the essential insights for importers in the latest episode of CHPS of Insight, where host Chris White sits down with Kelsey Christensen from Clark Hill’s International Trade practice. With the launch of the CAPE Portal for tariff refund requests now live, this conversation reveals the crucial details you need to navigate the filing process and maximize your refund opportunities. Tune in to stay informed about the latest developments and future phases of this vital program!

Event registration

Join Us For The MBA Young Constructors Leadership Development Seminar

Register Now