Economy: Page 114


  • FMI foresees multifamily growth 'down' this year to 27%

    The management consulting and financing company says in its latest quarterly report that it expects single-family building to be up 18%.

    By Ron Gallagher • March 26, 2014
  • Michigan contractors launch website to draw skilled labor

    Coordinated by the state's Associated General Contractors chapter, companies that need workers can post the openings on a new website.

    By Ron Gallagher • March 26, 2014
  • Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
  • BLS: Carpenters make up 47% of U.S. residential construction jobs

    A Bureau of Labor Statistics report based on 2012 information – the latest available – says the job defined as carpentry occupies 47% of workers.

    By Ron Gallagher • March 26, 2014
  • Architects' index doesn't ring any bells in February

    The good news is that the Architectural Billings Index remained positive nationally, but it didn't signal anything exciting either.

    By Ron Gallagher • March 24, 2014
  • What the numbers say about Sacramento's building recovery

    In the California capital, home building is soaring while commercial construction languishes.

    By Ron Gallagher • March 23, 2014
  • 58% of U.S. metro areas saw construction job gains over last year

    Federal jobs data shows that 195 of the nation's 339 metro areas had more construction workers in jobs than in 2013.

    By Ron Gallagher • March 20, 2014
  • Builders seem less confident than economists

    Economists are confident of continued growth in home-building this year, but builders' sentiment appears to be more tempered.

    By Ron Gallagher • March 20, 2014
  • Labor coalition seeks candidates to learn, fill construction jobs in N.D., S.D.

    The energy-fed population boom in North Dakota and South Dakota has labor groups putting on a joint campaign to find more workers.

    By Ron Gallagher • March 19, 2014
  • Is China's real estate boom over?

    There are indications the Chinese real estate boom is cooling, which would be bad for investors there but might ease global demand on materials.

    By Ron Gallagher • March 19, 2014
  • Feds give boost to high-rise wooden buildings

    The U.S. Department of Agriculture plans training and a contest to push the design and construction of high-rise wooden buildings.

    By Ron Gallagher • March 19, 2014
  • Latest contractor index shows modestly growing confidence

    In the three categories comprising its Contractor Confidence Index, Associated Builders and Contractors was told most often that contractors expect "up small" changes.

    By Ron Gallagher • March 18, 2014
  • Economists expect home starts, permits to rise in latest data

    Economists polled about Tuesday residential construction numbers for last month expect to see them bounce back from January along with building permits.

    By Ron Gallagher • March 17, 2014
  • Dodge Index down, but still higher than last year

    The index of first reports of projects, compiled by McGraw Hill, was lower than January's, but still 19.6% ahead of the year-ago mark.

    By Ron Gallagher • March 17, 2014
  • Materials prices rise again, likely signaling end of stability

    That is not necessarily bad news, however, because slowing Chinese demand would benefit buyers elsewhere.

    By Ron Gallagher • March 17, 2014
  • Road-building firms urged to lobby for Highway Trust Fund

    Companies that work in highway construction are being urged to sent hard hats to Congress with a message about jobs that depend on Highway Trust Fund projects. 

    By Ron Gallagher • March 17, 2014
  • Residential construction companies' financial health is improving

    The data points to several positive trends, says data company Sageworks.

    By Davide Savenije • March 17, 2014
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    Real estate execs have high confidence in commercial market

    Investor confidence in the sector is on the rise, spurred chiefly by growing faith in institutional lending.

    By Katie Bo Williams • March 17, 2014
  • Wannabe home buyers not happy about rising prices

    The market that is drawing in more home sellers is not doing much to increase the pool of first-time buyers.

    By Ron Gallagher • March 13, 2014
  • More homeowners looking to sell as home prices rise

    Home builders may face increased competition from homeowners who are more eager than last year to sell at rising prices, but the inventory of both classes is very low.

    By Ron Gallagher • March 13, 2014
  • In Dayton, worker shortages prompt first-ever construction job fair

    Shortages of construction workers as the economy grows back prompted Montgomery County, Ohio, to hold its first-ever job fair for the industry.

    By Ron Gallagher • March 12, 2014
  • One-third of new residential starts were multifamily units in 2013

    New home building used to mean single-family homes, but signs are that's changing.

    By Ron Gallagher • March 11, 2014
  • Heavy construction makes up bulk of 15,000 new jobs in Feb.

    February saw 15,000 new construction jobs, well under January's 26,600.

    By Ron Gallagher • March 9, 2014
  • Hovnanian takes a hit as winter slows home sales and losses rise

    Home builder Hnovanian Enterprises Inc., had higher year-over-year revenues, but sales fell off and it lost 17 cents a share for its first quarter.

    By Ron Gallagher • March 5, 2014
  • Jan. housing prices up 12% from start of 2013

    The increase – 9.8% if distressed sales are left out – puts prices 17.3% lower than the peak they hit in April 2006.

    By Ron Gallagher • March 4, 2014
  • Developer and builder survey shows they like market-rate rentals

    Market-rate rentals were more popular than low-rent apartments or units for sale in the last quarter of 2013, according to the Multifamily Production Index survey.

    By Ron Gallagher • March 3, 2014