Economy: Page 125
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Barometer of planned nonresidential work hits best mark since 2010
The Dodge Momentum Index compiled by McGraw-Hill Construction looks at the first reports of projects and was at 97.6 in January – with the year 2000 as the 100 marker.
By Ron Gallagher • Feb. 7, 2013 -
Builders confident that people over 55 will keep buying
It's not a tidal wave of confidence, but home-builders' confidence in the single-family market for people over 55 keeps rising.
By Ron Gallagher • Feb. 7, 2013 -
Who will pay for paving the way for fuel-efficient cars?
Higher and higher mileage standards are good for consumers and the environment, but they bring wear and tear on highway budgets as fuel-based revenues sag.
By Ron Gallagher • Feb. 6, 2013 -
Building owners, managers OK with energy monitoring – if it's uniform
Benchmarking energy usage benefits the people who pay the bills, but owners and operators are not happy about governments efforts to collect and release the data.
By Ron Gallagher • Feb. 6, 2013 -
Sandy relief law boosted transportation over original proposal
The final form of relief for areas damaged by superstorm Sandy allocates $1 billion for road transportation work that was not in the original.
By Ron Gallagher • Feb. 5, 2013 -
Court-based foreclosure states slow the market-clearing process
States in which foreclosures have to go through a judicial process cannot process the homes as quickly as others, keeping a logjam from breaking loose.
By Ron Gallagher • Feb. 4, 2013 -
Housing growth will go on, despite direct and indirect challenges
Housing is expected to continue its recovery through 2013, but not without challenges such as materials price increases and uncertainty about government economic decisions.
By Ron Gallagher • Feb. 4, 2013 -
Fotolia
TRI Pointe Homes hits the stock market and climbs nicely
The builder's initial public offering opened at $17 a share and closed at $19.05, for a first-day appreciation of just over 12%, and it stood at $18.40 at the close Monday.
By Ron Gallagher • Feb. 4, 2013 -
2012 top-selling master-planned communities
The national housing market is showing signs of recovery, and the improvement is evident in the performance of the nation’s largest master-planned communities. John Burns Real Estate Consulting surveyed nearly 100 large-scale residential communities across the United States to compile its list of...
Feb. 4, 2013 -
TRI Pointe Homes prices initial public offering
TRI Pointe Homes, Inc., has announced the pricing of its initial public offering of 13,689,000 shares of the company’s common stock at a price to the public of $17.00 per share.
Feb. 4, 2013 -
More construction jobs in January, but industry jobless rate rises
The industry overall added 28,000 jobs last month, but the unemployment was up to 16.1% after being at 13.5% in December.
By Ron Gallagher • Feb. 3, 2013 -
Nonresidential spending growth up, and it's not just Sandy
Federal numbers show stronger nonresidential investment in the private sector, and ABC's analysis says it is not reconstruction after Sandy.
By Ron Gallagher • Feb. 3, 2013 -
Chicago Transit Authority looks at public-private partnership for rail line
The bus-and-subway operator wants to extend its Red Line, and officials are talking about a P3 as part of the funding mix.
By Ron Gallagher • Feb. 1, 2013 -
BIM use grows from 17% to 70% over last five years
Despite the recession, construction has increasingly adopted building information modeling as standard business practice.
By Davide Savenije • Jan. 31, 2013 -
Deep Dive
Most Read Construction News of the Week: Fleet management, concrete and N.Y.
Miss out on the week's biggest stories on Construction Dive? Have a look at these links and get caught up.
By Brian Warmoth • Jan. 31, 2013 -
D.R. Horton hits a five-year high for Q1 profits, jumps 139%
The builder reported it had its most-profitable first quarter since 2007, and pre-tax income was up 270% from a year ago.
By Ron Gallagher • Jan. 30, 2013 -
Trulia's calculus has U.S. housing a bit over halfway back to pre-crash norm
Analytical firm Trulia combines three aspects of housing data to gauge the housing market, and it showed the U.S. at 52% of normal in December.
By Ron Gallagher • Jan. 30, 2013 -
Uh-oh: Borrowers are paying off high-interest commercial mortgages
Investors who bought bought higher quality boom-years bonds based on commercial mortgages are seeing borrowers refinance and wipe out their income streams.
By Ron Gallagher • Jan. 29, 2013 -
Case-Shiller finds home prices up in 19 of 20 markets in 12-month look
The highly respected index found prices up 5.5% in its 20-city index and 4.5% in the 10-city comparison.
By Ron Gallagher • Jan. 29, 2013 -
All it takes for corporations to build green is result on bottom line
Companies have learned rapidly that following eco-friendly policies and practices is likely to have a fast payback.
By Ron Gallagher • Jan. 29, 2013 -
Home-builders see multifamily staying strong in 2013 and beyond
Panelists at the International Builders' Show see the sector that has led the housing recovery staying on an upward trajectory despite some issues.
By Ron Gallagher • Jan. 29, 2013 -
Even a dip in pending home sales is still good news
The pending home index for December fell to 101.7 from 106.3 in November, but that was still well above December 2011.
By Ron Gallagher • Jan. 28, 2013 -
States turn inward to meet transportation funding needs
There is not much chance of rising federal support, so several states are looking inward to fund their transportation construction needs.
By Ron Gallagher • Jan. 28, 2013 -
Deep Dive
Most Read Construction News of the Week: Bio-tiles and economic recovery
Google plans its $1 billion UK headquarters while contractors feel optimistic about the end of the recession.
By Davide Savenije • Jan. 25, 2013
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