Economy: Page 136
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Most Read Construction News of the Week: Pivothead glasses, septic rules and billing
This week at Construction Dive, new tech for site visits and billing advice ranked among our most popular reads.
By Brian Warmoth • Aug. 3, 2012 -
3 of 12 regions in Ga. say 'no' to tax for roads, transit
Tax themselves for transit and road improvements? Voters in nine out of 12 sections of Georgia turned thumbs-down.
By Ron Gallagher • Aug. 2, 2012 -
Feds are pushing for transportation projects for vastly larger loan program
Money can't flow until the new fiscal year, but officials are encouraging applications now under TIFIA.
By Ron Gallagher • Aug. 2, 2012 -
ADP, government counts show U.S. added 163,000 jobs in July
In the topsy-turvy world of employment data, payroll giant ADP and the federal government agreed that the nation hired 163,000 more people last month.
By Ron Gallagher • Aug. 2, 2012 -
'Down' metros outnumber gainers in latest data on construction jobs
An analysis of 2012 and 2011 numbers shows construction employment down in 162 of 337 metro areas in June.
By Ron Gallagher • Aug. 2, 2012 -
In good news for mortgage market, Fed says it will hold steady on rate
The Federal Reserve System will hold to its low-rate position through 2014, suggesting mortgage rates will stay down.
By Ron Gallagher • Aug. 2, 2012 -
Construction spending best since December 2009, but no thanks to public sector
Private construction looks like it is back in gear, but public sector spending continues to lag.
By Ron Gallagher • Aug. 1, 2012 -
Case-Shiller Index clocks 2.2% home-price rise in May
The widely respected measurement also was down from last May, but by the smallest year-to-year drop in 18 months, suggesting the market is pulling out of the plunge.
By Ron Gallagher • July 31, 2012 -
Is your billing based on a real project-completion percentage or a guess?
It may seem obvious, but knowing the completion percentage of a project based on accurate numbers from the field can be critical to cash flow.
By Ron Gallagher • July 31, 2012 -
Remodelers report business softened in second quarter
The National Association of Home Builders reports that its Remodeling Market Index was down in the second quarter.
By Ron Gallagher • July 30, 2012 -
D.R. Horton 3Q revenue, closings say 'recovery'
The national home builder's revenue went up 14% in its just-ended third quarter compared with 3Q 2011, and it closed on 9% more home sales.
By Ron Gallagher • July 30, 2012 -
Proposed Md. septic rule would raise water quality, home prices
New rules being talked about by Maryland regulators would drastically reduce nitrogen going into Chesapeake Bay.
By Ron Gallagher • July 27, 2012 -
Most Read Construction News of the Week: 2012 Olympics, workers and mortgages
The 2012 Olympic Games and potential labor shortages in construction were among our most-read topics of the last week on Construction Dive.
By Brian Warmoth • July 27, 2012 -
Homes under contract down from May, up from last year
The number of houses under contract was down 1.4% in June, but real estate agents see a lot of pent-up demand to be released.
By Ron Gallagher • July 27, 2012 -
Non-building construction takes shine off other sectors in latest report
In dollar value, residential and non-residential building are ahead of 2011, but the total predicted industry increase is 2.5%.
By Ron Gallagher • July 25, 2012 -
Happy buyers, happy builders: June new-home sales up 15.1% from 2011
The latest federal government numbers show the annual sales pace last month slid from May's, however.
By Ron Gallagher • July 25, 2012 -
More housing numbers: Purchase mortgages down a bit
In the mix of statistics about the U.S. housing market, the latest weekly report on mortgages shows lending for purchases was down.
By Ron Gallagher • July 25, 2012 -
Investors make a major market in foreclosed houses
RealtyTrac data showed a 65% jump from 2010 to last year in sales of homes as investment property.
By Ron Gallagher • July 25, 2012 -
The QM way is likely to be the only way for mortgages in near term
The head of the Consumer Financial Protection Bureau tells Congress that Qualified Mortgage is likely to the only way to do business.
By Ron Gallagher • July 25, 2012 -
Creativity in financing is often a necessity in green retrofits
In some cases, equity in buildings is not large enough to permit traditional borrowing for energy or other environmental renovations.
By Ron Gallagher • July 25, 2012 -
Home prices finally remember how to rise year-to-year
For the first time since 2007, quarterly home prices went up from one year to another.
By Ron Gallagher • July 24, 2012 -
Green building is just not chic in upscale Westchester County, N.Y.
Whether too expensive or unimportant to homeowners, LEED lags where it might be most affordable.
By Ron Gallagher • July 23, 2012 -
Detroit pickup-makers happy when home construction picks up
Ford, GM and Chrysler see increased pickup truck sales as construction increases, and those are very profitable vehicles.
By Ron Gallagher • July 23, 2012 -
Contractors may go from work famine to worker famine in the recovery
A survey of construction executives finds they expect worker and leadership shortages in upcoming years.
By Ron Gallagher • July 23, 2012 -
Rental equipment looks good to wary contractors after recession
Like companies reluctant to hire permanent workers after layoffs, contractors are comfortable with renting equipment.
By Ron Gallagher • July 23, 2012