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According to recent data published by the Hungarian Central Statistical Office (KSH), the country’s construction output has increased by 18.5% in January this year, driven by high industrial construction activity, compared with the same period last year.Specifically, building construction...
According to the Royal Institution of Chartered Surveyors (RICS), Brexit could cause the UK’s construction industry to lose more than 8% of its total number of construction workers, which is equivalent to more than 175,000.Unless the country would retain...
Hardwoods Distribution Inc., a leading supplier of building products in North America, has announced that it purchased Eagle Plywood and Lumber.The agreement between the two companies stipulates that Hardwoods acquires a substantial amount of the assets and assumes...
A new report by RnR Market Research predicts the global heavy construction equipment market to grow at a compound annual growth rate (CAGR) of 7% to reach $180.66 billion by 2021.Since 2016, the market is said to be...
A report from the US Bureau of Labor Statistics states that construction jobs in the country have seen a huge increase in January this year, actually reaching the highest level since the Great Recession, despite a critical labor shortage.Construction...
According to the Performance of Construction Index (PCI) by the Australian Industry Group (Ai Group), the country’s construction sector has grown for the first time in five months in February.As reported, the PCI increased to 53.1, which is above...
During the CONEXPO-CON/AGG 2017, Hyundai Construction Equipment Americas introduced the new tandem-drum road roller, HR26T-9, expanding its compaction-roller product line.This new roller model is designed for asphalt maintenance and paving, unlike the single-drum models that are built for compacting...
Research groups reported that the occurrent strong demand for building materials in Qatar could become even stronger, as the country prepares for the FIFA 2022 World Cup with a brimming project pipeline.According to BMI Research, a growing amount of...
According to the Purchasing Managers' Index (PMI) by Markit/CIPS, the UK’s construction industry is picking up the pace, despite the soaring costs and reductions in new orders. This is due to a strong activity in the engineering sector.The...
Thanks to the mild winter weather, construction business in Omaha, Nebraska is still experiencing a boom, with contractors and builders busy working on their projects.Frost, which typically stays until April, is out of the ground, which means that construction...

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