Economy: Page 124
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Builders say labor shortages holding up construction, raising prices
The National Association of Home Builders reports that a survey of its members found more than half had to bid up labor payments to get projects done.
By Ron Gallagher • March 24, 2013 -
Plywood makers scrambling to catch up with booming demand
For signs that there really is a recovery, just take a look at the nation's two plywood giants – Georgia-Pacific and Boise Cascade.
By Ron Gallagher • March 24, 2013 -
Latest numbers show dip in non-residential construction
February construction spending, calculated as an annual rate, was down 7% from January to February due to nonresidential buildings and non-building work.
By Ron Gallagher • March 22, 2013 -
Existing home sales rise 0.8% in Feb., 10.2% over last year's pace
Sales of existing homes rose for the 20th month in a row.
By Ron Gallagher • March 21, 2013 -
Deep Dive
Most Read Construction News of the Week: Crane mayhem and wind valves
Catch up on the hottest construction news of the week with our most popular reads.
By Brian Warmoth • March 21, 2013 -
Nonresidential construction costs up 3.4% from 2012
Turner Construction looks at national information to come up with its quarterly assessment of what it is costing to put up new buildings.
By Ron Gallagher • March 21, 2013 -
Contractors add 48K workers in Feb., best gain in long time
The construction industry's biggest one-month employment gain in almost six years came in February, and now everyone waits on Washington.
By Ron Gallagher • March 20, 2013 -
New LEED guide targets efficiency in historic buildings
A newly released guide from the U.S. Green Building Council looks at how energy and water efficiency can be brought to historic buildings.
By Ron Gallagher • March 19, 2013 -
Single-family home building hits best pace since 2008
The production of new housing rose from January to February, and the single-family component reached an annualized rate not seen since mid-2008.
By Ron Gallagher • March 19, 2013 -
American dream for homeownership staying strong
JP Chase Morgan's mortgage subsidiary surveyed the potential market and reports that desire for homeownership is growing along with the recovery.
By Ron Gallagher • March 18, 2013 -
Latest builder confidence report takes a step back
Home-builders' confidence, as measured by the monthly National Association of Home Builders/Wells Fargo Housing Market Index (HMI), has hit bumps on the road to recovery.
By Ron Gallagher • March 18, 2013 -
Is the D.C. apartment building bubble about to pop?
The federal government's sequester spending cuts may impede Washington's "recession-proof" apartment boom.
By Ron Gallagher • March 18, 2013 -
Why home builders should care about college students' debt
The Consumer Financial Protection Board sees a clear link between the two: mortgages.
By Ron Gallagher • March 17, 2013 -
Missouri bumps up sales tax to fund road construction
Everyone is concerned that traditional funding sources for highway and other projects are shrinking in the face of rising fuel economy, and the Missouri Senate has backed a penny sales tax rise.
By Ron Gallagher • March 17, 2013 -
McGraw-Hill Construction Receives Six Neal Awards
McGraw-Hill Construction's Architectural Record, Engineering News-Record (ENR), and GreenSource received six Jesse H. Neal National Business Journalism Awards from American Business Media at its 59th annual awards luncheon in New York City. Hailed as "the Pulitzer Prize of business journalism," t...
March 15, 2013 -
Deep Dive
Most Read Construction News of the Week: A green Walgreens and federal funds
Here's your weekly short and snappy briefing on our most popular news reads of the last few days.
By Brian Warmoth • March 14, 2013 -
Wells Fargo subsidiary bullish on construction in 2013
The bank's subsidiary that finances contractors' purchases has an Optimism Quotient that is in positive territory this year.
By Ron Gallagher • March 14, 2013 -
Jan. boost in highway construction may not pave way for turnaround
Highway construction put in place rose 4% in January from 2012, but the industry is still smarting from a annual decline of 4% for all of 2012.
By Ron Gallagher • March 14, 2013 -
Report: Green buildings can make more money for real estate investors
The World Green Building Council lays out reasons it believes sustainable, efficient buildings make for better real estate investments.
By Ron Gallagher • March 14, 2013 -
Feb. materials price increase steepest in almost two years
Soft lumber prices stood 27% above February 2012, offsetting some commodities that were down over the last 12 months, for a 1.3% overall rise.
By Ron Gallagher • March 14, 2013 -
Recovering economy gives contractors hope — but is it just an illusion?
At AGC's annual meeting, words of encouragement were accompanied by words of caution.
By Ron Gallagher • March 13, 2013 -
Program financing nursing-facility makeovers may benefit contractors
A new national program by CapitalSource targets nursing facility renovations and repairs in an aging U.S. could bring construction work .
By Ron Gallagher • March 13, 2013 -
Senate hopes to restore highway funds
The Senate's version of the "continuing resolution" to fund the government – what the U.S. has come to do instead of passing a budget every year – seeks to protect transportation.
By Ron Gallagher • March 12, 2013 -
What will highway building look like without federal funds?
Politicians do not cut ribbons on repair projects, and the Highway Trust Fund is dwindling, so what might transportation construction might look like down the road (or rail, or bike path).
By Ron Gallagher • March 11, 2013 -
Nonresidential index hits 100 for first time in 34 months
McGraw-Hills Dodge Momentum Index of what's in the works in nonresidential construction reached a mark last month that it has not seen since April 2010.
By Ron Gallagher • March 7, 2013
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