Construction news and trends

AI Data Center Boom Fuels Record $20.5 Billion Quarter for Caterpillar
Earnings // August 04, 2026

The artificial intelligence infrastructure boom helped construction equipment and engine manufacturer Caterpillar surpass $20 billion in sales and revenues in a single quarter for the first time in the company’s history. Caterpillar’s second-quarter sales and revenues increased 24% year over year and reached $20.5 billion,...

Companies Trust AI’s Advice but Not Its Actions
Artificial Intelligence // July 02, 2026

Companies are using artificial intelligence across more of their operations than ever while trusting it less to act on its own. The PYMNTS Intelligence report “Wholesale Writes the AI Playbook: How Goods Firms Are Scaling Intelligence Across the Enterprise” found that every wholesale firm, 90%...

Earlytrade Raises $25 Million to Bring Agentic AI to Construction Sector
Investments // June 09, 2026

Construction industry working capital management platform Earlytrade said it has raised $25 million in total funding. The company made this announcement Tuesday (June 9) following its Series A round, saying it was using its capital to expand in the U.S. and add agentic artificial intelligence...

Real-Time Payments Ease the Squeeze on Workers and Small Firms
Real-Time Payments // April 02, 2026

Real-time payments are moving from a technical upgrade to altering how money is actually experienced, managed and valued across the economy. The expansion of real-time rails is beginning to alter expectations at the point where transactions matter most, as PYMNTS Intelligence and The Clearing House...

Interviews & Exclusives
Real-Time Payments Ease the Squeeze on Workers and Small Firms

April 02, 2026
Real-time payments are moving from a technical upgrade to altering how money is actually experienced, managed and valued across the economy. The expansion of real-time rails is beginning to alter expectations at the point where transactions matter most, as PYMNTS Intelligence and The Clearing House found in joint research. The ability to move funds instantly […]

The Construction Problem Few Talk About: Payment Delays

March 05, 2026
The construction industry builds skylines, bridges and critical infrastructure, yet its own critical financial infrastructure often runs on outdated payment practices. Findings in the February 2026 edition of the B2B...

Real-Time Payments Give Contractors Back 2 Workweeks a Month

February 17, 2026
The four horsemen of construction project delays typically appear as rain-soaked jobsites, supply shortages, labor gaps or permitting snags. However, the latest Money Mobility Tracker®, a PYMNTS Intelligence collaboration with...

22% of US Small Businesses Struggle to Pay Bills Due to Cash Flow

September 10, 2024
Small- to medium-sized businesses (SMBs) often find themselves in a constant struggle to manage cash flow, focusing more on survival than growth. Many SMBs use outdated cash management practices, which...

Quick Reads
AI Data Center Boom Fuels Record $20.5 Billion Quarter for Caterpillar

August 04, 2026
The artificial intelligence infrastructure boom helped construction equipment and engine manufacturer Caterpillar surpass $20 billion in sales and revenues in a single quarter for the first time in the company’s history. Caterpillar’s second-quarter sales and revenues increased 24% year over year and reached $20.5 billion, according to a Tuesday (Aug. 4) earnings press release. The […]

Earlytrade Raises $25 Million to Bring Agentic AI to Construction Sector

June 09, 2026
Construction industry working capital management platform Earlytrade said it has raised $25 million in total funding. The company made this announcement Tuesday (June 9) following its Series A round, saying...

Home Depot Expands Pro Business With HVAC Distributor Acquisition

March 26, 2026
The Home Depot has made two more moves in its effort to add to the products and services it offers Pro customers. The home improvement retailer’s subsidiary SRS Distribution entered...

Lowe’s Buys Foundation Building Materials for $8.8 Billion

August 20, 2025
Lowe’s made an $8.8 billion bet on its professional contractor (Pro) business. That’s the amount the home improvement retailer is paying for Foundation Building Materials (FBM), according to a Wednesday...