Alec Engineering wins the $1.7B Sphere Abu Dhabi construction contract, locking in a venue type that’s already proven in Vegas and now exporting to the Gulf.
The Dodge Momentum Index gained 4% in May, with institutional planning doing the heavy lifting and data centers pulling back from April’s spike.
Construction sites lost crews after ICE raids and U.S.-born hiring in the trade dropped 3%, not rose. Schedule pain is already on cost reports.
August Robotics closed a $30M Series B as its DeWalt-built downward-drilling fleet robot starts shaving weeks off data center construction schedules.
ENR’s 2026 Top 500 Design Firms booked $158.7B last year, up 7.4%, with data-center and telecom work doing nearly all the lifting and Jacobs back at No. 1.
Saipem has started installing 160 km of Black Sea pipeline under a $1.75B contract, the most visible piece of Romania’s $4.7B Neptun Deep gas project.
From October 1, 2026, Buy America adds a 55% domestic-content cost test for manufactured products on FHWA-funded jobs. The burden falls on estimators.
Construction’s suicide rate is among the highest of any industry. In 2026, New York’s building trades and Minnesota are funding peer-support programs.
Sublime Systems’ first commercial low-carbon cement plant in Holyoke aims to make kiln-free cement at scale, even after losing an $87M DOE award.
Every major OEM now ships a battery-electric excavator. CONEXPO 2026 showed electric construction equipment moving from demo to daily driver, on cost.
NEOM won’t restart The Line until after 2030 as Saudi Arabia’s PIF cuts construction spending ~60% and shifts to ports, power, and data centers.
With construction’s labor shortage biting, FY2026 nearly doubles H-2B visas and a proposed H-2C visa would add 65,000 more, even as enforcement disrupts a third of firms.
Stegra’s hydrogen-based green steel plant in Boden, Sweden secured EUR1.4B more financing and aims for first output in 2026, with buyers like Microsoft lining up supply.
Canadian lumber duties drop to about 25.9% in August, but a new 10% Section 232 tariff offsets the cut, holding effective costs near 36% as framing prices climb.
Amtrak and the DOT picked Halmar and Skanska, as Penn Transformation Partners, to lead the $8B Penn Station rebuild, with $200M added to push design toward a 2027 start.
Maryland will procure the Key Bridge reconstruction as four separate contracts worth up to $4.8B, led by a $3.5B-$4B design-build for the cable-stayed main span.
Construction software consolidation is accelerating in 2026 as Procore folds in Datagrid’s agentic AI and rivals race to connect fragmented project data.
AECOM posted a record construction backlog in Q1 2026 while Fluor’s new awards fell 54%, splitting the big engineering and construction firms by end market.