Economy: Page 110
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Contractors like outlook for 2014, even in public sector
Associated General Contractors found in a nationwide survey that there is more optimism than pessimism in the industry.
By Ron Gallagher • Jan. 21, 2014 -
Young Americans may want homes, but they're not buying
Unable to rustle up down payments or wrestle with the likely cost of home-ownership, people in their 20s are driving the demand for rental housing.
By Ron Gallagher • Jan. 20, 2014 -
U.S. highway fund likely to hit 'empty' this year
The appropriations approved by Congress last week and signed by President Obama do not make up for sequestration cuts.
By Ron Gallagher • Jan. 17, 2014 -
Gilbane: Construction spending grew 5% in 2013
The firm expects 2014 to see more even growth and higher margin growth for commercial building.
By Ron Gallagher • Jan. 16, 2014 -
Top Federal Reserve analyst says housing recovery will stick
In a new report, Dallas Federal Reserve Bank Vice President John V. Duca says there is "reason for cautious optimism."
By Ron Gallagher • Jan. 15, 2014 -
Construction materials prices 'unusually well-behaved'āfor now
With the overall price index up a tenth of a percent from November to December, ABC's chief economist it may behave nicely for at least a while.
By Ron Gallagher • Jan. 15, 2014 -
Swiss Property Prices Gain
Demand for Swiss property quickened again in the fourth quarter, but price gains for luxury homes are running out of steam.
Jan. 15, 2014 -
McCarthy Cook & Co. JV Buys 213 KSF Office Campus in San Diego
McCarthy Cook & Co. has teamed with AllianceBernstein U.S. Real Estate Partners on the acquisition of Canyon Plaza, a two-building, 213,000-square-foot office campus located in San Diego, and growing Sorrento Mesa submarket
Jan. 14, 2014 -
Hey, Congress: The AIA has some items for you to take care of
The American Institute of Architects put together what it calls its punch list of items Congress should take care of to help the economy, especially the construction industry.
By Ron Gallagher • Jan. 13, 2014 -
Federal data shows December decline in construction jobs
Government numbers analyzed by AGC showed a very different result than ADP found in its data – down 16,000 rather than up by 48,000.
By Ron Gallagher • Jan. 10, 2014 -
Minneapolis building in 2013 reflects the nation: Multifamily rules
The city topped $1 billion in permitted construction for the second year in a row, and as with national numbers, multifamily housing pulled a lot of the weight.
By Ron Gallagher • Jan. 9, 2014 -
Report: 48,000 construction jobs added in Dec., most since 2006
In its monthly report on hiring in the private sector, the payroll processor said 48,000 new construction jobs were added.
By Ron Gallagher • Jan. 8, 2014 -
Industry economist's outlook for '14: A little less single-family, more power and manufacturing
Ken Simonson, chief economist for Associated General Contractors, expects opportunities for commercial contractors to be better this year than last while apartments stay hot and single-family cools slightly.
By Ron Gallagher • Jan. 7, 2014 -
The scrape returns to Southern Calif. as home prices rebound
After a downturn during the recessions years, the tactic of razing little houses to build big ones is reasserting itself.
By Ron Gallagher • Jan. 6, 2014 -
Equipment lease professionals expect more of the same in 2014
It's not a warning about an economic pullback, but the people who finance equipment leasing by contractors do not expect a breakout year either.
By Ron Gallagher • Jan. 5, 2014 -
Construction spending up in 12 months ending in November
The total increase was due mostly to residential building, which has been the story all year, but nine of 13 nonresidential categories grew at least a bit.
By Ron Gallagher • Jan. 2, 2014 -
Construction employment up in many areas, but it's not the old days
Small metros had the biggest percentage increases from November 2012 to November last year, while Atlanta and Los Angeles metros added the most jobs.
By Ron Gallagher • Jan. 1, 2014 -
The housing market 2014? Probably no leap, no fall either
Housing cannot really boom until there is a much better jobs picture, but this year should look much like 2013 anyway.
By Ron Gallagher • Jan. 1, 2014 -
Higher ed is cranking up construction in New York City
The city has several large institutions, and it is important to the construction industry when they unleash pent-up demand for new facilities.
By Ron Gallagher • Dec. 30, 2013 -
Thanks to China, it's labor ā not materials ā pushing up construction costs
Analytical firm IHS has found that subcontractor costs are behind the increases.
By Ron Gallagher • Dec. 22, 2013 -
November construction starts cannot sustain robust October pace
McGraw-Hill reports that total construction starts last month were down 11% from October, but October was the strongest month of 2013 so far.
By Ron Gallagher • Dec. 19, 2013 -
Gilbane economic report sees solid progress in 2014
The commercial contractor's final 2013 look at the U.S. economy predicts builders and contractors will see rising margins in 2014.
By Ron Gallagher • Dec. 19, 2013 -
Builders' confidence in the housing market floats up four points
Confidence measured at 58 this month, up four points from November and the seventh consecutive month in positive territory.
By Ron Gallagher • Dec. 17, 2013 -
Construction employment behind the curve in economic recovery
Total jobs in the U.S. may be back to a pre-recession level in mid-2014, given recent progress, but construction is far behind that curve.
By Ron Gallagher • Dec. 16, 2013
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