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With another year of the coronavirus pandemic nearing its end, owners have mostly moved past reactionary plans for completing stalled projects and are now actively planning new ones. Looking ahead, how will fundamental changes to market sectors lead owners to potentially reconfigure business models?
For the first time since the 2010 housing crisis, total revenue for Top 600 firms decreased. Read the complete report about productivity, costs, bottlenecks—and what executives say.
Worries over price inflation and persistent labor shortages have cooled optimism among construction execs, but overall confidence in the market remains strong.
Last year, as the pandemic upended the construction industry, contractors hatched a plan to come together. Determined to keep jobsites open and deemed essential around the U.S., a group of contractors partnered on turnkey coronavirus prevention protocols for all companies to use.
From smart cities to bridges, these five projects highlight work being performed on the continent by firms that ranked on ENR's top international lists this year.
The global construction market is red hot for some firms and stone cold for others as contractors deal with unpredictable project risks while readying for new growth opportunities.
Addressing weaknesses laid bare by COVID-19, infrastructure projects are poised to drive world economies back to pre-pandemic positions with a simple mantra to build back better. As global design firms restructure operations, projects also are being reconfigured to fit a continental shift in client priorities.
The first six months of 2021 have seen big materials cost hikes, increasing labor shortages and uncertainty over federal action on a major infrastructure package.
Owners frequently call in professional services firms to streamline projects to completion and keep a pulse on the market. Lately, firms agree, that pulse is racing. Projects shelved last year are quickly rebooting while newer, more complex construction programs fill pipelines, driving many owners to seek support beyond their usual teams to manage the volume.