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Featured News
CDOT Will Pilot First-Time Use in the U.S. of Australian Traffic Management Technology
Early next year CDOT will pilot key pieces of an advanced traffic management program developed in Australia.

Photo courtesy of CDOT

Regional Contractors Embrace Stability of the Marketplace
Most regional contractors say that the market is strong and opportunities are abundant.

Photo by Doug Brinkman, GE Johnson Construction

More News
10/08/15 Congress Fully Funds Aurora, Colo. VA Hospital Project

The down-to-the-wire vote in the House upheld the Senate’s version of the funding bill.
10/07/15 Construction Unemployment Rate Falls to Lowest September Level Since 2000
Construction employment totaled 6,396,000 in September, the most since February 2009.
10/06/15 Construction Spending Expands for Seventh Consecutive Month
Nonresidential spending totaled $696.3 billion in August, a 0.3% increase from the previous month.
10/06/15 NACM Credit Managers Index Continues Its Decline in September
The index of unfavorable factors was mostly to blame for the overall drop, with four of the six categories falling below the 50.0 contraction zone.
10/05/15 US Consumer Confidence Shows a Modest Increase in September
Consumers’ optimism about the short-term outlook was little changed in September.
09/23/15 New Construction Starts in August Fall 11% Nationwide
During the first eight months of 2015, total construction starts on an unadjusted basis were $446.1 billion, up 15% from the same period a year ago
09/23/15 Architecture Billings Index Backslides in August
AIA reported the August ABI score was 49.1, down from a mark of 54.7 in July.
09/10/15 New AGC National Survey Says 86% of Contractors Struggling to Fill Craft Jobs
Shortages were also reported for some salaried construction professionals.
09/03/15 Construction Input Prices Trend Lower This Summer
Year-over-year prices have been down on an annual basis for each of the past eight months.
08/25/15 Construction Spending Grows at Fastest Rate Since 2006
Construction spending in June totaled $1.065 trillion at a seasonally adjusted annual rate, 12% higher than in June 2014.
08/25/15 Consumer Confidence Index Improves 10 Points From July
The Consumer Confidence Index now stands at 101.5 (1985=100), up from 91.0 in July.
08/25/15 New Construction Starts in July Hold Steady Nationwide
Construction starts in July were essentially unchanged from June's pace,
08/12/15 RTD Board Approves Contract to Extend Southeast Rail Line
The $140-million, two-phased contract went to Balfour Beatty Infrastructure Inc. to design and build the rail extension.
08/12/15 Institutional Project Demand Drives ABI to 2007 Highs
The ABI increased in June following fluctuations earlier this year.
08/12/15 CDOT Releases Short List of Teams for I-70 East Project
The teams were evaluated on their organizational structure, experience on like projects, approach to the project and financial capacity.
08/12/15 CSU System Completes Sale of $171 Million in Bonds
The bond sale will fund at least five major campus construction projects.
08/12/15 Nonresidential Construction Spending Retains Its Momentum in June
Nonresidential construction spending was unchanged month-over-month in June but is up 11.5% on a year-over-year basis.
07/29/15 Materials Prices, Dominated By Crisis Economics, Expand Slightly in June
Prices for inputs to construction industries expanded 0.2% in June after increasing 1.1% in May.
07/29/15 July Consumer Confidence Index Drops Nine Points
The index now stands at 90.9 (1985=100), down from 99.8 in June.
07/29/15 June Construction Starts Retreat 15% Nationwide
New construction starts in June dropped to a seasonally adjusted annual rate of $620.2 billion.
07/01/15 Nonresidential Construction Spending Grows Further in May
From January to May, nonresidential sector spending expanded by 7.1%.
07/01/15 Architecture Billings Index Returns to Positive Territory
The American Institute of Architects reported the May ABI score was 51.9, up from a mark of 48.8 in April.
07/01/15 Consumer Confidence Index Increases Again in June
Consumers’ optimism about the short-term outlook also increased in June.
07/01/15 CDOT Accepts Statements of Qualification From Five Teams For I-70 East Project
CDOT is pursuing a possible public-private partnership to deliver I-70 East, based on a design-build-finance-operate-maintain model.
07/01/15 CDOT Completes U.S. 36 Phase 1 Expansion
Phase 1 of the project is 11 miles long, from Federal Boulevard to 88th Street in Louisville/Superior in the north Denver metro area.
06/18/15 I-70 East Viaduct in Denver Showing Signs of Age Deterioration
CDOT says that early repairs to the I-70 East viaduct between Brighton and Colorado boulevards are beginning to deteriorate.
06/18/15 Construction Backlog Indicator Declines 3.2% in Q1 2015
Construction firms report a revenue-weighted average backlog of 8.4 months, 0.3 months below the fourth quarter of 2014.
06/18/15 Construction Materials Prices Up in May, Down For the Year
Prices for inputs to construction industries expanded by 1.1% in May, the largest month-over-month increase in more than two years.
06/03/15 Construction Employment Continues to Rise Across the U.S.
The Denver metro area added $10,800 jobs, or 12%, to its construction workforce in the past year.
06/03/15 Nonresidential Construction Spending Surges in April
Nonresidential spending expanded 3.2% on a monthly basis in April and spending totaled $646.7 billion on a seasonally adjusted, annualized basis.
06/03/15 U.S. Consumer Confidence Increases in May
The index now stands at 95.4 (1985=100), up from 94.3 in April.
05/21/15 New Construction Starts in April Advance 10% Nationwide
Through the first four months of 2015, total construction starts on an unadjusted basis were reported at $208.2 billion, up 24% from the same period a year ago
05/20/15 Commentary: Colorado Construction Defects Law: All May Not Be Lost

The construction industry's efforts to have the Colorado legislature pass a revised construction defects law has failed.
05/20/15 Nearly Half of Highway Contractors Suffered Crashes in Their Work Zones Last Year
05/20/15 Commentary: States Confront the Upcoming Cliff in Highway Finance

05/20/15 U.S. Job Growth Rebounds With 223,000 New Jobs

05/20/15 Architecture Billings Remain Stuck in Post-Winter Slowdown
05/06/15 CSU Researchers to Study Effects of Green Schools on Student Performance
CSU researchers will measure the quality of buildings in the Poudre and St. Vrain Valley school districts.
05/04/15 Consumer Confidence Retreats in April
The Consumer Confidence Index now stands at 95.2 (1985=100), down from 101.4 in March.
05/04/15 Nonresidential Construction Spending Inches Lower in March
Nonresidential construction spending has now declined during each of the year’s first three months.
04/22/15 Sun Belt States Like Utah and Colorado Are Seeing Increased In-Migration
The 11 greatest migration-gaining large metropolitan areas in the U.S. are all located in the Sun Belt.
04/22/15 Architecture Billings Index Accelerates in March
AIA reported the March ABI score was 51.7, up from a mark of 50.4 in February.
04/22/15 March Construction Starts Slide Back 13% Nationwide
The March decline followed strong gains in January, up 9%, and February, up 17%.
04/21/15 U.S. 36 Bus Rapid Transit Project to Unfold Over Next Several Months
The service plan proposes to increase service hours by 10.7% and the number of trips by 16%.
04/21/15 Construction Materials Prices Expand in March
March marks the fourth consecutive month that year-over-year input prices have declined.
04/08/15 U.S. Consumer Confidence Rebounds in March
Consumers’ optimism about the short-term outlook, which had declined last month, rebounded in March.
03/25/15 Commentary: Some Contractor Debts May Be Dischargeable in Colorado Bankruptcies

The court decision could make it more difficult to have debts declared non-dischargeable in Colorado.
03/25/15 Construction Firms Add Jobs in 43 States in Past Year
Colorado is among the national leaders in creating construction jobs, but Wyoming lost industry jobs in the past year.
03/25/15 Dodge Momentum Index Rises in February
The Dodge Momentum Index gained 4.3% from its January number.
03/25/15 Architecture Billings Index Improves in February
The ABI has been positive for 10 out of the past 12 months.
03/25/15 Commentary: Fed Decision Could Mean Higher Interest Rates

The Fed’s timing on raising rates will heavily depend on its confidence in the continued vitality of the U.S. economy.
03/25/15 Equipment Leasing and Finance Industry Confidence Increases Again in March
The 72.1 mark for the index was the highest level in four years, and an increase from the February index of 66.3.
03/25/15 February Construction Starts Jump 16% Nationwide
Much of the lift for February came from three massive projects valued each in excess of $1 billion.
03/11/15 Commentary: Will the Colorado Senate Bill Bring More Condo Projects?

The bill is aimed at curtailing homeowner association lawsuits or reducing the dollar amounts of judgments against developers, designers and contractors.
03/11/15 Sales of Existing Homes Provide a Mixed View of Housing Market
Existing home sales declined 4.9% in January to a nine-month low of 4.82 million.
03/11/15 Equipment Leasing Confidence Remains at Three-Year High
Confidence in the equipment finance market is at 66.3, a slight increase from the three-year high level reached by the January index of 66.1.
03/11/15 Year-End National Construction Backlog Drops 1 Percent
Despite the decline, the backlog ended the year at 8.7 months, which is still 4.4% higher than a year ago.
03/11/15 Sustained Hiring and Strong Starts Growth Lift Construction Industry
Within construction, specialty trade contractors added 27,200 jobs and nonresidential added 5,700 jobs.
03/11/15 Private Construction Spending Up From a Year Ago
Construction spending rose modestly in January from year-earlier levels despite retreating from a six-year high in December.
02/25/15 Architecture Billings Index Softens in January
The ABI score reflects a modest decrease in demand for design services.
02/25/15 CDOT Recommends Private Financing for I-70 East Project
The I-70 East Corridor project is not affordable under a design-build model but can be afforded under both the DBOM and DBFOM models.
02/25/15 January Construction Starts Climb 9% Nationwide
The increase for total construction was the result of an especially strong performance by the nonbuilding construction sector.
02/25/15 Consumer Confidence Declines in February
The Consumer Confidence Index stands at 96.4, down from 103.8 in January.
02/25/15 Construction Materials Prices Plummet in First Month of 2015
Construction input prices dipped 2% in January and have now failed to rise for six consecutive months.
02/06/15 RTD Selects Final Four Teams to Bid on Southeast Light Rail Line Extension
The extension will add 2.3 miles of track from Lincoln Station to RidgeGate Parkway in southeast Denver.
02/04/15 Construction Spending Ends 2014 at Highest Level Since 2008
Construction spending rose in December to a six-year high of $982 billion as public construction for the year increased for the first time since 2009.
01/27/15 Red Rocks Receives $1M Grant to Expand Arvada Campus
The money will go toward building the Arvada Health Professions and Science Building on the Arvada campus.
01/27/15 Consumer Confidence Index Up Sharply in January
The index now stands at 102.9 (1985=100), up from 93.1 in December.
01/27/15 Hiring in Nonresidential Construction Sector Surges in December
The U.S. construction industry added 48,000 jobs in December, including 22,800 jobs in nonresidential construction.
01/27/15 Construction Materials Prices Dip in December
Construction input prices dipped 1.4% during the final month of 2014 and are down nearly 1% on a year-over-year basis.
01/26/15 Commentary: Five Questions to Ask About Management Incentive Plans

Retaining or placing employees in key positions is a primary element to success, and incentive plans can be a powerful tool to ensure employee loyalty and longevity.
01/26/15 New Construction Starts in December Pull Back 16% Nationwide
New construction starts in December retreated 16% to a seasonally adjusted annual rate of $568.2 billion.
01/14/15 New DOE Grant Aims to Improve Wind Energy Forecasting
The grant will be used to help improve wind-energy forecasting in mountain and valley regions.
01/09/15 Colorado Business Confidence Remains Positive for Q1 2015
The index says the confidence of Colorado business leaders has increased slightly going into 2015.
12/30/14 Consumer Confidence Index Bounces Back in December
The Conference Board Consumer Confidence Index, which had declined in November, improved in December.
12/29/14 Construction Employment Increased in 38 States in Past Year
Construction firms added jobs in 38 states and the District of Columbia between November 2013 and November 2014.
12/23/14 November Construction Starts Jump 13% Nationwide
New starts in November rose to an adjusted annual rate of $677.8 billion.
12/18/14 Boom Replaces Bust in Regional Construction Markets

A construction surge is forecast for both Colorado and Utah in 2015.
12/17/14 Nonresidential Construction Adds Nearly 5,000 Jobs in November
The U.S. construction industry added 20,000 jobs in November, with nonresidential construction contributing 4,900 of them.
12/16/14 New Study Touts Economic Value of Building Infrastructure
Two-thirds of the economic benefits and jobs created by federal highway and transit investment occur in nonconstruction sectors.
12/16/14 Construction Materials Prices Down Again in November
Materials prices have fallen in five of the past six months but still are 0.6% higher on a year-over-year basis.
12/08/14 October Construction Starts Recede 4% Nationwide
New construction starts settled back 4% in October to a seasonally adjusted annual rate of $589.8 billion.
12/03/14 Construction Backlog Indicator Reaches Another High During Q3
The third quarter backlog is 6.9% higher than the third quarter of 2013.
12/03/14 Economic Impact of Denver Arts Complex Tops $141 Million
In 2013 more than 781,000 patrons attended performances and events held at the arts complex.
12/03/14 Consumer Confidence Index Down Nationwide in November
The index now stands at 88.7, down from 94.1 in October.
12/03/14 Nonresidential Construction Spending Rebounds in October
Spending for the month totaled $611.8 billion on a seasonally adjusted basis.
11/19/14 Construction Materials Prices Dip Nationwide in October
Inputs to construction industries were down 0.9% for the month but expanded 1% on a year-over-year basis.
11/17/14 Dodge Momentum Index Rises in October
The Dodge Momentum Index rose in October, climbing to 125.5 for the month, up 7.6% from September.
11/05/14 September Equipment Leasing Volume Up 21% From Last Year
New business volume was up 31% from August, and year to date, cumulative new business volume increased 8% compared to 2013.
11/05/14 Consumer Confidence Index Rebounds in October
Consumers’ optimism, which had declined considerably in September, improved in October.
11/05/14 Nonresidential Construction Spending Slips for Second Consecutive Month
Nonresidential construction spending slipped 1% in September but has still managed to expand 4.2% on a year-over-year basis.
10/23/14 Construction Materials Prices Inch Down in September
Inputs to nonresidential construction fell 0.2% for the month but were 1% higher than in September 2013.
10/23/14 Commentary: The Real Scoop on Business Development Training

Only a small percentage of practitioners feel comfortable and are effective at new business development.
10/23/14 Commentary: Turning Down Unnecessary Restaurant Noise

Excess noise will hurt sales in the long run and has a negative impact on repeat customers.
10/23/14 Solar Energy Prices Saw Double-Digit Declines in 2013
Prices for solar panels are expected to drop another 3% - 12% in 2014.
10/23/14 Colorado Employment Growth Will Continue Into 2015, CU Report Says
During the third quarter, 27,640 new businesses filed with the secretary of state’s office, marking the fastest growth in filings since 2006.
10/23/14 AGC Says 83% of Contracting Firms Report Labor Shortages
Sixty-one percent of firms are also having a hard time filling professional positions.
10/23/14 Architecture Billings Index Shows Robust Conditions Ahead for Construction Industry 
AIA reported the September ABI score was 55.2, up from a mark of 53.0 in August.
10/23/14 September Construction Starts Climb 10% Nationwide
During the first nine months of 2014, total construction starts gained 5% to $419.5 billion.
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