Economy: Page 140
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'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 -
Explore the Trendline➔
Permission granted by Associated General Contractors of America
TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
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 -
Overall U.S. construction pace down 1% in June
Work for all kinds of construction stood at an annual pace of $446.1 billion, off a shade from May.
By Ron Gallagher • July 20, 2012 -
Mortgage rates on track, meaning down some more
The housing market's raw fuel – mortgage rates – keep getting lower.
By Ron Gallagher • July 20, 2012 -
Most Read Construction News of the Week: Worker concerns, iPad protection and Bryant Park
Catch up with the most popular Construction Dive reads of the past week. We have the five most read news posts to catch you up to speed.
By Brian Warmoth • July 19, 2012 -
Existing-home sales in June slow the pace, but remain well above 2011
The annual rate fell to 4.37 million last month, down from May, but prices rose and inventory still shrank.
By Ron Gallagher • July 19, 2012
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