Economy: Page 128
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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 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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 -
Industrial coatings groomed as architectural materials
Architects for commercial projects want protective coatings, like the ones used on infrastructure, to look good and meet sustainability needs.
By Ron Gallagher • Jan. 24, 2013 -
Construction starts increase in December
The total of all construction starts in 2012 was up 6%, a much steeper climb than was seen in 2010 or 2011.
By Ron Gallagher • Jan. 23, 2013 -
Home values got a nice bump in 2012, but this year should be closer to normal growth
The jump last year was almost twice the norm for a year, but do not look for that to continue this year.
By Ron Gallagher • Jan. 22, 2013 -
Home sales data for December paints nice picture for builders
Sales were down a bit in December, which could mean stock is shrinking and a wider window in opening for new construction.
By Ron Gallagher • Jan. 22, 2013 -
Construction Confidence Index slipped in 2012's second half
Compiling data for the last six months of last year showed contractors were having some doubts about continued recovery.
By Ron Gallagher • Jan. 22, 2013 -
Oregon experiments with shift from gas tax to mileage fee for road-users
An Oregon pilot project addresses issues in a switch from taxing gasoline to measuring miles to fund highway construction and maintenance.
By Ron Gallagher • Jan. 21, 2013 -
The housing recovery cannot pull the U.S. economy along with it
Even if housing starts and permits grew 20% this year, it would not be enough to bring the rest of the consumer-driven economy along with them.
By Ron Gallagher • Jan. 21, 2013 -
Contractors see a real recovery and are starting to raise headcounts again
Contractors are adding people as business begins to rise on the recovery wave, and they believe it may be real.
By Ron Gallagher • Jan. 18, 2013 -
Rental companies made almost half of U.S. equipment purchases last year
Contractors' decision to rent rather than buy equipment in uncertain times made rental companies the buyers for almost half of new equipment last year.
By Ron Gallagher • Jan. 17, 2013 -
Housing starts end 2012 at highest rate in 4½ years
Combined single-family and multifamily starts hit a pace of 954,000 units in December, a rate unseen since June 2008.
By Ron Gallagher • Jan. 17, 2013 -
Home builders stand pat on their view of the market, survey finds
The National Association of Home Builders/Wells Fargo Housing Market Index stuck at its December mark this month, perhaps indicating the industry is waiting on Washington
By Ron Gallagher • Jan. 17, 2013 -
Project targets Pittsburgh's last big former industrial site
The 178 acres that once were LTV Steel along the Monongahela River are being proposed for a tax-increment financing deal to fund a $1 billion redevelopment.
By Ron Gallagher • Jan. 16, 2013