2022 Heavy Civil Construction Index: First Quarter

The first quarter 2022 Heavy Civil Construction Index showed increased optimism, climbing to 55.4 from 51.7 in the fourth quarter of 2021. This marks a full year of expansionary reporting and is a sign of strength after last quarter’s moderate decline. Every component of the index showed improvement except cost of labor, which, alongside cost of materials, continues to weigh heavily on the index.

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Looking Ahead: 10 Things E&C Leaders Must Consider in a Post-Pandemic World

Pandemics force a mass reckoning, and 2020 left no one untouched. The events of the past year catalyzed changes long at work in the construction industry nearly overnight. It is time for contractors to focus on the years that come after the pandemic, an era in which 60% of baby boomers will reach retirement age, and labor shortages will attenuate at the same time as technology uptake accelerates. […]

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