Economy: Page 132
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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 -
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 -
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 -
The strong get stronger: Horton Q4 earnings zoom
D.R. Horton's profits in the fourth quarter of its fiscal year were up 180% from last year's posting.
By Ron Gallagher • Nov. 12, 2012 -
U.S. banks get temporary reprieve from international reserve rules
U.S. banking regulators are holding off on implementing the international capital requirements known as Basel III, giving lenders and borrowers some breathing room.
By Ron Gallagher • Nov. 11, 2012 -
Slow recovery is making equipment rental the American norm
The need for many U.S. construction companies to hedge their bets in an uncertain recovery is making many equipment renters rather than buyers.
By Ron Gallagher • Nov. 8, 2012 -
With election over, road builders call for attention to needed projects and needed funding
It is time, ARTBA's president says, to focus on transportation work that needs to be done and on finding dedicated funding sources.
By Ron Gallagher • Nov. 8, 2012 -
Bank's analysts again push up their estimate for home prices in fourth quarter
Bank of America says it thinks home prices will be up 5% from the same quarter last year.
By Ron Gallagher • Nov. 8, 2012 -
Four Points by Sheraton Berlin Airport to Open in 2014
Starwood Hotels & Resorts Worldwide Inc. has announced plans to introduce Four Points by Sheraton Berlin Airport in Germany’s capital city.
Nov. 8, 2012 -
Sandy probably has an upside for construction employment
Projections are that the work needed to recover from Sandy will produce a small but measurable increase in construction jobs and then in follow-on employment.
By Ron Gallagher • Nov. 7, 2012 -
Lean design is no longer a niche technique for small-home builders
Lean construction – a team approach to less waste, better homes and more profit – is growing up.
By Ron Gallagher • Nov. 7, 2012 -
Canadian construction continues to drive up demand for workers
Unlike the U.S., construction employment is growing steadily in Canada, with more than 300,000 more workers needed in the next several years.
By Ron Gallagher • Nov. 7, 2012 -
Construction industry wants to know if Washington is ready to tackle issues now
The election changed nothing about the balance of power, but the industry is hoping some pending items will be addressed in the new Congress.
By Ron Gallagher • Nov. 7, 2012 -
New term or second term, the next president unlikely to mess with housing
Regardless of who finally collects the most electoral votes, the slowly recovering housing market will probably be left to carry on.
By Ron Gallagher • Nov. 6, 2012 -
View ahead for apartments is to keep building
There are some indications that growth in the multifamily housing market may be losing some steam, but it appears that demand will continue.
By Ron Gallagher • Nov. 6, 2012 -
Home buyers more creditworthy now than in past 12 years
The Atlanta Fed did the study and also said credit scores are 40 points up since 2006.
By Ron Gallagher • Nov. 5, 2012 -
FHFA, Consumer Board creating single database to track mortgage trends
The agencies say it will help policy-makers, but no one is predicting what, if any, effect it will have on putting money into buyers' hands.
By Ron Gallagher • Nov. 4, 2012 -
What's the future for DERA grants to clean up construction diesel emissions?
Diesel Emission Reduction Act money helps equipment owners lessen pollution in the field.
By Ron Gallagher • Nov. 2, 2012 -
Slow recovery grinds on in construction industry hiring
Employment rose 0.3% from September to October, but it's a slow path up the hill after the steep fall from 2006 record employment.
By Ron Gallagher • Nov. 2, 2012 -
September residential leads the way to best construction pace in three years
Annualized spending for construction hit a three-year high in September, new figures show.
By Ron Gallagher • Nov. 1, 2012 -
CREW panel: 2013 cannot match 2012 for multifamily growth
Most, but not all, people discussing apartments said things have to slow down some next year.
By Ron Gallagher • Oct. 31, 2012 -
Latest data from the Case-Shiller Index say it's a real housing recovery
August prices in the index's 20 metropolitan areas were up 2% year-over-year, the best monthly change in two years.
By Ron Gallagher • Oct. 30, 2012 -
Realtors, lenders fear coming regulations will hamper mortgage market
Rules designed to reform lending and to make banks stay healthier may be tough for the already reluctant market to handle.
By Ron Gallagher • Oct. 30, 2012 -
November – Briefs/Leasing & Management
Cassidy Turley Secures 640 KSF Management Assignment; One Financial Plaza Sees 200 KSF in Renewals and Expansions; Health Care REIT to Sell Sunrise Senior Living Management; Chadbourne Signs 20-Year Manhattan Lease; OHL Renews, Expands Space to 591 KSF in Dallas; JLL Tapped for 190 KSF Leasing As...
Oct. 29, 2012