Capstone Partners, a leading middle-market investment banking firm, released its May 2024 Construction Services Sector Update, reporting that the construction market has remained cautiously optimistic amid volatile macroeconomic conditions, buoyed by healthy project backlogs and profit margins.

Award winners were announced by ATAS for its 2023 Project of the Year competition. There were seven award categories: commercial roofs, commercial walls, residential roofs, residential walls, accents, sustainable and interiors. Each award recognized projects in which ATAS products were incorporated into the design and construction of the building.

The American Concrete Institute announced the formation of a new committee whose mission is to develop and report information on concrete made with brackish, saline, brine water and sea aggregates.

The construction industry had 459,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

RESNET has launched its new RESNET QA app, an innovative quality assurance app designed specifically for RESNET Rating Providers and their Quality Assurance Designees. The cutting-edge application is set to revolutionize the way that HERS professionals operate by enhancing accuracy, efficiency and consistency.

National nonresidential construction spending decreased 0.1 percent in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted, annualized basis, nonresidential spending totaled $1.143 trillion.

Construction employment increased in 34 states and the District of Columbia in November from a year earlier, while 28 states added construction jobs from October to November, according to a new analysis of federal employment data released by the Associated General Contractors of America on Dec. 22.

Registration is open for the fourth 24 Hours of Concrete Knowledge, a free, virtual conference organized by the American Concrete Institute that will begin at 2 p.m. EDT on July 9.

History was made May 18 when Rossana Hu, founding partner of Neri&Hu and chair of the Department of Architecture at the University of Pennsylvania’s Stuart Weitzman School of Design, awarded Lin Huiyin (1904-1955) the long-overdue, posthumous Bachelor of Architecture degree.

Associated Builders and Contractors announced on May 23 the filing of a complaint in the U.S. District Court for the Eastern District of Texas, Sherman Division, challenging the U.S. Department of Labor’s controversial final rule “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees,” which will change overtime regulations under the Fair Labor Standards Act.