Economy: Page 128


  • 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
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • 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
  • Without immigrant buyers, U.S. home market would've looked far worse

    Increasing their homeownership much more rapidly than people born in the U.S., immigrants provided activity that helped offset some of the decline in the U.S. market.

    By Ron Gallagher • March 7, 2013
  • Transportation officials fear loss of infrastructure funds in budget deal

    A Republican funding proposal floating about in Congress is not going to bring the promised support for transportation infrastructure, state officials warn.

    By Ron Gallagher • March 6, 2013
  • Index: Confidence among commercial contractors good, not great

    Consulting company FMI is out with its first quarterly index of confidence among contractors in the commercial sector, saying it is up 2.6 points from the fourth 2012 survey but is right where it was a year ago.

    By Ron Gallagher • March 5, 2013
  • States' road, bridge contracts dropped 2.7% over past year

    Figures show that the states issued contracts worth $54.3 billion in the last 12 months through January, down about 2.7% from the year-before period, the American Road & Transportation Builders Association says.

    By Ron Gallagher • March 4, 2013
  • Residential sector to feel sequester's bite with sluggish FHA action

    Commercial contractors who work for federal agencies could see reductions of $4 billion or more as the sequester's impact is felt, but residential builders may be hit, too, as buyers' commitments are slowed.

    By Ron Gallagher • March 4, 2013
  • Nonresidential construction already hit slump before sequester

    Nonresidential construction slid from December to January, while public sector work dropped over the last year as its contraction continued.

    By Ron Gallagher • March 4, 2013
  • Sequester ax slashes federal construction

    Several programs including defense construction are taking a hit while others, including highway aid programs, are exempt from what could total up to $4 billion in reductions.

    By Ron Gallagher • March 2, 2013
  • Execs: Tech-savvy consumers drive business, demand value

    Shopping-center trade group execs see a world that is moving faster, giving brands less shelf life and being led by consumers who use technology to search for value.

    By Ron Gallagher • March 1, 2013
  • Will new-home sales' pace burn out as inventory shrinks?

    New-home sales had a 15.6% jump in January, but inventory is not growing at the same pace.

    By Ron Gallagher • March 1, 2013
  • As buildings lose 42% of energy, DOE invests $9M in efficiency research

    The energy used in buildings has been falling on a per-capita basis since 2007, but the U.S. Department of Energy is funding work to find ways to keep pushing it down.

    By Ron Gallagher • March 1, 2013
  • GSA wants feedback on which green-building rating system to use

    A mandatory review is under way by the General Services Administration of whether LEED still works best for the government to build green or if its choice of Green Globes is right.

    By Ron Gallagher • Feb. 28, 2013
  • Contractors voice concerns over worker shortages, immigration focus

    Associated Builders and Contractors members and some of their customers are concerned that a recovery in construction will be hampered by a shortage of skilled and unskilled workers.

    By Ron Gallagher • Feb. 27, 2013
  • Existing-home sales up in January — do builders benefit?

    Realtors report that demand for existing homes is growing faster than they are coming to market.

    By Ron Gallagher • Feb. 24, 2013
  • In R.I., there's a chance to have a 19th-century home by living at the mall

    The nation's first indoor shopping mall – built in 1828 – fell victim to the 21st-century recession, but it's being reborn as mostly tiny apartments above small shops.

    By Ron Gallagher • Feb. 21, 2013
  • Housing starts down, but builders say single-family is strong and permits are up

    January federal data for housing starts shows the total fell 8.5% from December's pace, but the National Association of Home Builders lays that to normal multifamily volatility, not weakness.

    By Ron Gallagher • Feb. 21, 2013
  • If you're going to build it, what will make home buyers come?

    Data from the National Association of Home Builders illustrates what a recession-stressed home buyer does and doesn't want.

    By Ron Gallagher • Feb. 20, 2013