Economy: Page 115
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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 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
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 — not materials — 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 -
La. trims $3.7B from I-49 project, cites lack of 'fairy godmother' funds
The state cannot look to Washington for road funding anymore, the state treasurer says, so its DOT found changes to cut the $5.1 billion plans.
By Ron Gallagher • Dec. 15, 2013 -
Construction equipment purchases will decline through 2014, report says
Investment in equipment by all business is expected to rise next year, but construction equipment appears to have had its boom earlier this year.
By Ron Gallagher • Dec. 15, 2013 -
Insurer sees continued construction growth if economy cooperates
Euler Hermes, an international insurer, expects home building to keep growing — if loan rates do not jump — as will commercial, but at a slower pace.
By Ron Gallagher • Dec. 12, 2013 -
New-home sales slide down as average mortgage amount creeps up
The Mortgage Bankers Association said a survey it conducts found mortgage applications for new single-family homes were down 18% from October to November.
By Ron Gallagher • Dec. 12, 2013 -
Minn. governor may propose $975M public construction program
Gov. Mark Dayton is due to send lawmakers a plan next month, and he says he is thinking bigger than before about a program to be financed by borrowing.
By Ron Gallagher • Dec. 11, 2013 -
Toll Brothers' report suggests even the well-to-do have a spending limit
The builder of luxury homes had strong revenues for the quarter ended Oct. 31, but sales contracts since then are more than winter would account for.
By Ron Gallagher • Dec. 10, 2013 -
Construction adds 17,000 jobs in November
Labor Department figures show that 7,700 of the hires were on the nonresidential side of the industry.
By Ron Gallagher • Dec. 8, 2013
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