Economy: Page 120
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Construction jobs slip in 32 states
The new reflects the uneven nature of the recovery in the construction industry.
By Ron Gallagher • May 17, 2013 -
In some markets, single-family building starts are up as foreclosure starts fall
There is good news for home builders in RealtyTrac data that show housing starts rose nationally by the same margin that foreclosure starts fell in the first quarter of the year.
By Ron Gallagher • May 16, 2013 -
Steady national materials prices may obscure volatility for contractors
The wide calculation of prices for construction materials taken together looks pretty steady, but price volatility is rising because of global economic conditions.
By Ron Gallagher • May 15, 2013 -
Builder confidence rises towards tipping point
Wells Fargo and the National Association of Home Builders' index rose back up to 44 this month, but 50 is the target.
By Ron Gallagher • May 15, 2013 -
The 10 best—and worst—states for construction jobs
A 12-month comparison found the 10 largest increases and 10 steepest declines in construction employment between March 2012 and March 2013.
By Ron Gallagher • May 14, 2013 -
Builders' forecast: Good things to come from 55+ single-family buyers
The National Association of Home Builders' confidence index for the market segment is rising.
By Ron Gallagher • May 12, 2013 -
Looking for a construction job? Head west!
According to Department of Labor numbers, the five states adding the most construction jobs are all west of the Mississippi river.
By Sean Griffey • May 10, 2013 -
Why are builders turning down business?
Builders and subcontractors they rely on are having to say no to business they wish they could say yes to.
By Ryan Willumson • May 10, 2013 -
California home builders can't find enough workers
Years after the housing bust, home builders are now struggling to hire skilled workers
By Sean Griffey • May 9, 2013 -
Fannie Mae: Housing starts to return to 'normal' by 2016, but not jobs
Number-crunchers at Fannie Mae predict housing starts to return to pre-bust levels in 2016.
By Ron Gallagher • May 7, 2013 -
Economy Watch: Mortgage Delinquencies Continue to Edge Down
Lender Processing Services said that 6.59 percent of U.S. residential mortgages were delinquent in March, down from 6.8 percent in February.
May 7, 2013 -
Economist eyes three engines driving construction growth
Associated General Contractors Chief Economist Ken Simonson believes housing, the Panama Canal and shale gas will carry construction in the near future.
By Ron Gallagher • May 6, 2013 -
GSA approves LEED as its rating system of choice
A panel appointed to evaluate green building systems for the General Services Administration says the agency should stick with LEED.
By Ron Gallagher • May 3, 2013 -
ASEAN Infrastructure Spending To Top $500B by 2020
Economic growth in Thailand, Indonesia, the Philippines, Vietnam and Malaysia will remain strong at an average 6% this year, reports the IMF.
May 3, 2013 -
Construction unemployment rate lowest in five years
The number of people employed in construction in April iss 2.7% over a year ago.
By Ron Gallagher • May 3, 2013 -
More buyers, less sellers: Housing is hot, but how long will it last?
For now, it appears that the demand for housing remains ahead of supply.
By Ron Gallagher • May 3, 2013 -
Group offers 'dollars-and-sense' analysis of why to spend on transportation
ARTBA looked at the economic effects of spending for transportation construction in the U.S., finding a large economic gain.
By Ron Gallagher • April 30, 2013 -
Construction wages likely to rise faster in coming years
Industry unemployment notwithstanding, builders and contractors should expect wages and other worker expenses to go up by about 3% this year and perhaps 4% in 2014.
By Ron Gallagher • April 30, 2013 -
Congress slashes construction funds to pass FAA furloughs bill
How will the construction industry react to the news?
By Ron Gallagher • April 29, 2013 -
Studies suggest energy efficiency should factor into mortgage decisions
The reports show that defaults are lower for efficient homes and the savings in energy consumption could be $10 billion.
By Ron Gallagher • April 29, 2013 -
Nonresidential building is left behind in Q1 growth news
Overall first-quarter growth sounded good, but it's not coming from investment in nonresidential structures.
By Ron Gallagher • April 28, 2013 -
Deep Dive
Most Read Construction News of the Week: Green homes and DPR
Start your weekend off on the right foot and catch up on Construction Dive's most popular news posts.
By Brian Warmoth • April 25, 2013 -
Builders' worries over soaring supply costs dampen excitement
Rising materials costs are pushing up home prices, but is it a good thing?
By Ron Gallagher • April 25, 2013 -
Shrinking inventory of existing homes bodes well for builders
In some areas, notably California, a declining inventory of existing homes on the market opens up opportunities for builders.
By Ron Gallagher • April 25, 2013 -
How to protect yourself from a project owner's insolvency
To protect themselves, contractors should ask for letters of credit, among other things.
By Ron Gallagher • April 24, 2013
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