Economy: Page 130
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Green is going and growing in U.S. residential and commercial construction
A report from analysts at McGraw-Hill says green building will total $85 Billion by year's end and will hit $98 billion to $106 billion next year.
By Ron Gallagher • Dec. 3, 2012 -
All construction sectors look spiffy in October spending numbers
Not all sectors were equally good, of course, but even the long-lagging public sector eeked out a month-to-month gain.
By Ron Gallagher • Dec. 3, 2012 -
Landscape contractor rings up profits with professional holiday decorating
In New York state's Hudson Valley, the Neave family has made a major income source out of what was going to be a tide-over sideline.
By Ron Gallagher • Dec. 2, 2012 -
Economic analysis: How to turn higher GDP into bad news
Third-quarter GDP for the U.S. was revised upward by more than 50%, but now economists are worried that sucked life out of the current quarter or next year.
By Ron Gallagher • Nov. 29, 2012 -
New York contractors' group will pay a transit tax despite judge's killing it
The New York Building Congress says the city's transit system is too important for it not to chip in, even if the tax itself has been declared unconstitutional.
By Ron Gallagher • Nov. 29, 2012 -
Fighting the costs and curse of project rework
Fixing problems can run to 20% of a project's price, and contractors are tackling the problem up front.
By Ron Gallagher • Nov. 28, 2012 -
Case-Shiller finds mostly modest growth for metros in September
Atlanta saw its prices rise year-to-year for the first time in 26 months, even if the gain was 0.1%, while Phoenix saw a 20.4% spike.
By Ron Gallagher • Nov. 27, 2012 -
Analyst at CoStar says market conditions will force a jump in housing construction
The company says the current pace of building cannot meet demand, especially in the multifamily sector.
By Ron Gallagher • Nov. 27, 2012 -
Fixed-rate mortgages dive to yet lower lows in latest survey
Thirty-year and 15-year loans went to record lows last week, though adjustable-rate mortgages held steady.
By Ron Gallagher • Nov. 26, 2012 -
Fla. builder revives a custom-home program it shelved during the downturn
Lee Wetherington Homes sees a market ready for its relaunched offering of custom homes on owners' lots.
By Ron Gallagher • Nov. 26, 2012 -
Brokers, builders in the South say credit is getting in the way of demand
A survey by the Federal Reserve Bank of Atlanta found a region with lots of unhappy professionals.
By Ron Gallagher • Nov. 26, 2012 -
Industry predictions: Construction activity in 2013 will be, well ....
Different observers say 2013 will find business up a little, up more than a little or not up at all – and everyone warns of a big "if."
By Ron Gallagher • Nov. 21, 2012 -
In equipment, renters have been and will be doing the buying, observers say
Analysts say that modest growth in building activity this year and next year will not change contractors' reluctance to buy gear.
By Ron Gallagher • Nov. 21, 2012 -
Housing starts in October stood 3.6% above September, U.S. data shows
New-home completions also went up from September – by 14.5%.
By Ron Gallagher • Nov. 20, 2012 -
Senator attacks proposed down-payment rules as drag on housing recovery
Sen. Johnny Isakson, R-Ga., says it's too much to ask 20% in rule for qualified mortgages.
By Ron Gallagher • Nov. 19, 2012 -
Builders' confidence in their business nears positive territory
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached 46 this month, and 50 is the tipping point.
By Ron Gallagher • Nov. 19, 2012 -
In brothers' model, D.C. neighborhood is funding its own redevelolpment project
Using an SEC regulatory provision, they showed there can be bottom-up real estate investment.
By Ron Gallagher • Nov. 19, 2012 -
U.S. housing is more affordable – if more buyers could get mortgages
Almost three-quarters of homes in Q3 were affordable on the median U.S. income, but mortgage lenders remain tough.
By Ron Gallagher • Nov. 18, 2012 -
Analysis finds home prices were flat in September
FNC, which leaves foreclosure sales out of its calculations, said nothing changed from August after several months of increases.
By Ron Gallagher • Nov. 18, 2012 -
Deep Dive
Most Read Construction News of the Week: Green building, big damages and recovery
Wrap up your week by getting caught up on the biggest news in construction.
By Brian Warmoth • Nov. 15, 2012 -
New condo construction in Florida? In Miami's case, it's true
Foreclosures stuck in neutral and foreign buyers who will pay during construction have created an exception to the usual story for the Sunshine State.
By Ron Gallagher • Nov. 15, 2012 -
Construction backlog is rising in all but the South
The West appears to have a roaring recovery, with its backlog of construction work up 1.53 months year-over-year to almost nine months of work.
By Ron Gallagher • Nov. 14, 2012 -
Schools have learned that sustainable construction aids their budgets and their students
Public-sector construction has been hit hard by the recession, but schools are sold on building green when they can build.
By Ron Gallagher • Nov. 14, 2012 -
AGC: Materials price drops in October are not good enough news to protect contractors
Prices for construction materials went up 2% in the 12 months ending in October, but contractors' prices did not rise as much except for warehouses.
By Ron Gallagher • Nov. 14, 2012 -
African infrastructure needs look attractive for international contractors
Several governments on the continent are issuing bonds to cover funding gaps for infrastructure, and multinationals are attracted.
By Ron Gallagher • Nov. 14, 2012
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