Economy: Page 139
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Money 'parked' by banks supports complaints that they are not lending
The Federal Reserve Bank of New York says banks are keeping money in its vaults rather than lending.
By Ron Gallagher • Aug. 30, 2012 -
Americans' debt drops, including mortgages, and new foreclosures fall in 2Q
The data offer some evidence to support arguments that the housing market is stabilizing.
By Ron Gallagher • Aug. 30, 2012 -
Explore the Trendline➔
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TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Public-sector school construction opportunities shrink
Schools were a backstop when housing began to fall, but that market is drying up along with local budgets.
By Ron Gallagher • Aug. 29, 2012 -
GDP growth offers a muted backdrop for continued housing improvement
The nation's gross domestic product growth rate was down in the second quarter from the first, but higher than predicted.
By Ron Gallagher • Aug. 29, 2012 -
Meet the Southeast's Women of Influence
MIAMI-The Southeast is home to its fair share of commercial real estate heavy hitters. Find out who made the list.
Aug. 29, 2012 -
Government finds construction job count down in 165 metro areas, up in 123
Monthly data show jobs in construction grew scarcer in 165 metropolitan areas in the U.S. in July.
By Ron Gallagher • Aug. 28, 2012 -
Case-Shiller's good news: Home prices continue rising for second month
The housing industry cheered when the S&P/Case-Shiller index of home prices showed a second, consecutive monthly increase.
By Ron Gallagher • Aug. 28, 2012 -
Economy drives mortgage lender Hudson City Bancorp into a merger
The company founded in 1868 got through the Depression, but it will merge now with M&T Bank.
By Ron Gallagher • Aug. 27, 2012 -
Commercial equipment buying and leasing is gathering strength
Data from the equipment finance industry shows that volume slipped from June to July, but it remains well ahead of last year.
By Ron Gallagher • Aug. 27, 2012 -
U.S. jobs problems, tight lending hold back some commercial construction sectors
The National Association of Realtors sees job problems hurting offices and credit hurting building demand.
By Ron Gallagher • Aug. 27, 2012 -
Index of sentiment about nonresidential building takes a hit
A index compiled by FMI says nonresidential contractors are feeling worse as issues loom.
By Ron Gallagher • Aug. 26, 2012 -
Travel in Africa is driving four major airport projects
Construction work at airports in Sudan, Rwanda, Kenya and Egypt will boost passenger capacity 28%.
By Ron Gallagher • Aug. 24, 2012 -
Deep Dive
Most Read Construction News of the Week: Aerogel, turnaround towns and trucks
Too busy to keep up with the news this week? Check out Construction Dive readers' five favorite reads.
By Brian Warmoth • Aug. 23, 2012 -
Sales of new homes up 3.6% in July, but inventory is very tight
Monthly figures from the National Association of Home Builders put sales of new homes back up to May's encouraging pace.
By Ron Gallagher • Aug. 23, 2012 -
Toll Brothers financials for 3Q report vote 'yes' on housing recovery
The company's 3Q income rose 46% over 2011's number, and units delivered rose 39%.
By Ron Gallagher • Aug. 22, 2012 -
Annual sales rate for existing homes up 100,000 from June to July
The 4.47 million pace reported by the National Association of Realtors was 2.3% ahead of June.
By Ron Gallagher • Aug. 22, 2012 -
Alliance of 3 St. Louis firms gets nod for $1 billion hospital job
An expansion of BJC HealthCare's campus in the Central West End of St. Louis is a win for three local construction companies.
By Ron Gallagher • Aug. 21, 2012 -
Realtors' website lists Top 10 towns for housing turnarounds
Realtor.com, one of the National Association of Realtors' sites, lists towns that have done the best in recovering from the housing slump.
By Ron Gallagher • Aug. 21, 2012 -
Calif. developer FKC is turning from commercial back to residential
FKC has a new name – Kraemer Land – and renewed focus on residential development after a decade of stressing commercial.
By Ron Gallagher • Aug. 21, 2012 -
Commercial builders' confidence hurt by slow business, looming U.S. fiscal 'cliff'
Associated Builders & Contractors says its Construction Confidence Index was down at the end of the second quarter.
By Ron Gallagher • Aug. 21, 2012 -
Financial data help explain big builders' strategy for a recovery
The balance sheets of large, publicly traded builders and recent acquisitions are evidence that they are recovery-ready.
By Ron Gallagher • Aug. 21, 2012 -
Major home builders lose a little market share, but bide their time
The biggest builders had about two percentage points less of the market last year, but they have financial strength for the recovery.
By Ron Gallagher • Aug. 20, 2012 -
UCLA report sees multifamily boom peaking after 2014
Real estate economists foresee rents climbing past ownership costs then and the market turning.
By Ron Gallagher • Aug. 20, 2012 -
Green-building advocates applaud San Francisco's public-sector showpiece
The San Francisco Public Utilities Commission's new headquarters incorporates features that go beyond LEED.
By Ron Gallagher • Aug. 16, 2012 -
July single-family starts off from June pace, but permits were up
The annual pace of starts and permits both rose for multifamily housing, the government data show.
By Ron Gallagher • Aug. 16, 2012
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