Economy: Page 126
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States' transportation building rose slightly in 2012
States spent a little more on transportation construction in 2012 than the year before, but transport construction overall continued to decline as a part of the nation's total.
By Ron Gallagher • Feb. 12, 2013 -
Tilt-Up Concrete Assn. touts products' ability to help meet energy code
The trade group says it can be a resource for design professionals and others looking for ways to comply with the 2012 International Energy Conservation Code.
By Ron Gallagher • Feb. 12, 2013 -
84 Lumber urges builders to 'Build American'
The supplier is urging builders to subscribe to its "We Build American" campaign to source materials domestically for little more cost and a lot of benefit.
By Ron Gallagher • Feb. 11, 2013 -
Labor shortages may lead to more modular elements in home-building
Manufacturers of modular homes suspect that more builders may come their way if demand rises as projected and labor shortages grow.
By Ron Gallagher • Feb. 11, 2013 -
Builders seeking financing need to see themselves through lenders' eyes
A consultant who has worked for builders says getting financing is about how lenders see builders, not how builders see themselves.
By Ron Gallagher • Feb. 11, 2013 -
30-Year Fixed Mortgage Rates Continue to Rise
SEATTLE-The rate for a 15-year fixed home loan is currently 2.7%, while the rate for a 5-1 adjustable-rate mortgage is 2.35%, says Zillow.
Feb. 11, 2013 -
Downside of an improving economy is workers looking elsewhere
Workers lose their patience with belt-tightening when they perceive that they have options in a very, so employers have to act.
By Ron Gallagher • Feb. 10, 2013 -
U.S. transportation infrastructure accounts are in shallow water, report says
The highway and transportation funds will hold up through 2014, but then obligations begin to outdistance resources, the Congressional Budget Office says.
By Ron Gallagher • Feb. 8, 2013 -
Calif. housing market is seeing lots more cash than it did in the past
To paraphrase an old slogan used by a soft drink born on the other coast of the U.S., nothing refreshes like cash.
By Ron Gallagher • Feb. 7, 2013 -
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 -
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