Business
Markets
New Construction Takes a Backseat to Reconstruction
By Kermit Baker
December 4, 2024
Topics
Business
Markets
by Kermit Baker
Kermit Baker is chief economist for The American Institute of Architects. For more information, visit aia.org.
Related stories
Business
It’s All Relative: The Importance of Building and Maintaining Relationships in Construction
By Chad Prinkey
In a world where relationships seem to be taking a backseat to digital “connectedness,” executives from a recent Associated Builders and Contractors’ panel discussion agree that where construction is concerned, rapport still matters.
Business
Tariffed Construction Materials Prices Rise in May
By ABC
The tariffs are taking effect—and materials prices are reflecting that.
Business
Contractors’ Backlog Falls Sharply in May
By ABC
While ABC's Construction Backlog Indicator fell in May 2025, it is up since this time last year.