Economy: Page
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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 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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 -
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
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