Construction News Tracker: 2012 Construction Outlook

AGC and ABC chief economists weigh in on the 2012 construction outlook; why the House dashed all hope for a 2011 Highway Bill; and how FHWA is encouraging innovation in highway construction. All this and more on the construction industry newscast.

Dec 15, 2011
Latest in Business
Construction worker in safety vest holding white hard hat against blue background
ANSI/ISEA Revises High-Visibility Apparel Standard for Smaller Workers
November 14, 2026
Construction workers in hard hats with cranes and steel framework against golden sunset sky
Construction Labor Shortages Accelerate AI Adoption
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Two technicians performing maintenance on a Volvo truck engine in a service facility workshop.
Volvo Trucks Adds Powertrain Repairs to Silver Service Contract
November 13, 2026
Broken concrete dollar sign symbol with scattered debris on dark ground
Using This Year's Review to Plan for the Next
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Despite predicting that the Fed will hold U.S. interest rates near zero until 2014, IHS doesn't expect housing start to rise above the 1 million threshold until nearly that year.
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IHS Predicts Recession in Europe, Slowing World Economic Growth
Graph of three-month change in employment shows construction's much deeper trough (red line) than general employment's. And while recent numbers show the construction industry continuing to lag the general economy's employment improvements, improving general employment should stimulate more housing demand.
Business
Commentary: Jobs Report Bodes Well for Housing
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Construction News Tracker
November 17 - Construction News Tracker
Having the right insurance coverage, as well as effectively training your employees, is vital to minimizing liability exposure for your equipment rental business.
Rental
How Insurance, Training and Communication Can Protect Your Rental Business from Liability
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Personal Protection Equipment
ANSI/ISEA Revises High-Visibility Apparel Standard for Smaller Workers
American National Standards Institute (ANSI)
The updated ANSI/ISEA 107-2026 standard expands sizing allowances and revises testing and documentation requirements for safety apparel.
Construction worker in safety vest holding white hard hat against blue background
Automation & AI
Construction Labor Shortages Accelerate AI Adoption
Bridgit
Bridgit's 2026 workforce planning report highlights how labor shortages are driving AI adoption, strategic bidding and changes in project team building.
Construction workers in hard hats with cranes and steel framework against golden sunset sky
Business
Lauren Weinbaum
Professional headshot of a smiling woman in dark blazer and white shirt against gray background
Business
WMG Construction Management
Service Tools
Volvo Trucks Adds Powertrain Repairs to Silver Service Contract
Volvo Trucks North America
The Silver Service Contract combines preventive maintenance, powertrain repairs and connected fleet services for eligible VNL and VNR trucks.
Two technicians performing maintenance on a Volvo truck engine in a service facility workshop.
Business Management
Using This Year's Review to Plan for the Next
Brickeye
How concrete contractors should account for the cost of risk in a Q4 budget review.
Broken concrete dollar sign symbol with scattered debris on dark ground
Project Management
Trayd Adds Accounting Software to Construction Workforce Platform
Trayd
The new cloud-based system gives contractors project-level cost tracking, financial reporting and AI-assisted accounting workflows.
Trayd Accounting platform interface showing financial management features including job margin, payroll, billing, and reporting tools
Automation & AI
Bluebeam Report Shows Most Construction Firms Have Yet to Scale AI
Bluebeam Inc.
Bluebeam's 2027 AEC technology report examines AI adoption, implementation barriers and workforce skills across the construction industry.
Infographic showing 70% of firms report AI increasing demand for hybrid technical and digital roles
Injury & Risk Prevention
Construction Fire Risks Rise When Permanent Protection Is Offline
Ramtech Global
Temporary fire detection, wireless alarms and evolving safety plans help contractors protect workers, equipment and schedules throughout construction.
Construction workers wearing hard hats and safety vests in dusty industrial site, demonstrating workplace safety protocols
Safety
Study Finds Asphalt Pavement Emissions 250 Times Lower Than Previous Estimates
University of California, Riverside
UC Riverside research finds emissions from in-place asphalt pavements are minimal compared with previous laboratory-based estimates.
Asphalt paving truck with attached equipment operating on a road construction site with support vehicles in background
Automation & AI
Construction’s AI Opportunity Is Bigger Than the Jobsite
CBiz
AI applications in estimating, scheduling and financial forecasting can help contractors address labor constraints, improve productivity and manage project costs.
Yellow excavator at mining site with digital data analytics and technology overlay graphics
Data Management
Trayd Launches Cloud-Based Accounting Platform for Contractors
Trayd
The platform adds job costing, WIP reporting, billing and AI-enabled financial workflows to the company's construction workforce platform.
Trayd Accounting software introduction featuring integrated modules for payroll, financials, billing, and job management
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