Economy: Page 143
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First-quarter GDP growth positive, but below 2011 Q4 pace
The U.S. GDP for January through March grew 1.9% – more slowly than the last quarter of 2011 – but residential and commercial building helped make it a positive quarter.
By Ron Gallagher • June 29, 2012 -
Titan America chief urges building resilience in sustainability standards
A plea for "sustainable" to include "resilient" in worldwide construction was part of a meeting of 1,000 business executives at the Rio+20 environmental conference.
By Brian Warmoth • June 28, 2012 -
Explore the Trendline➔
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TrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Consumer Confidence Index slides again in June
Consumer confidence, no small factor in the U.S. economy, the recovery and home-building, is down for the fourth month in a row.
By Ron Gallagher • June 27, 2012 -
Realtors' index of pending home sales in May is a two-year best
Data from around the country put the Pending Home Sales Index at 101.1 last month, up from April and matching March.
By Ron Gallagher • June 27, 2012 -
Lennar looking up with highly improved second-quarter
Lennar Corp. posted a giant leap in per-share earnings, but even without a one-time tax benefit, they tripled from a year earlier.
By Ron Gallagher • June 27, 2012 -
McGraw-Hill midyear forecast sees overall construction up 2% in 2012
The revised Dodge Construction Outlook sees small gains for commercial and single-family and multifamily residential starts and sagging institutional building, public works and manufacturing.
By Ron Gallagher • June 27, 2012 -
Brooklyn Heights Condo Project Reports Brisk Sales
The appetite for condos seems to be back in certain markets, such as parts of New York, if buyers' enthusiasm for buying them is any indication.
By Lindsey Smith • June 27, 2012 -
NWP Services Corporation and Spherexx.com® Form Strategic Alliance to Increase Yield Per Unit for Apartment Communities
NWP Services Corporation (NWP) and Spherexx.com announced a strategic alliance to provide improved rent yield options and payment services to apartment communities nationwide that will generate increased revenue for property owners and managers.
By Lindsey Smith • June 27, 2012 -
North Dakota Is Bakken Business
Western North Dakota towns see strong surge in demand for construction to keep up with oil expansion near the Bakken.
By Lindsey Smith • June 27, 2012 -
Viewpoint: Why Home Baseline Water Testing Matter
Opinion by SAIC’s James J. Kohlhaas on a key issue related to risks of hydraulic fracturing.
By Lindsey Smith • June 27, 2012 -
Younan Continues to Trim Leverage with Sale of Houston Asset
Prior to selling 1700 West Loop South in Houston, Younan Properties Inc. had sold $400 million worth of properties and reduced its leverage by 30 percent over the past year.
By Lindsey Smith • June 27, 2012 -
Retrieved from Autodesk on January 31, 2012
Bond-Boosted Jersey Job Hits Halfway Mark
Massive turnpike widening is state’s largest.
By Lindsey Smith • June 27, 2012 -
U.S. Remains Most Transparent Market as Openness Advances Globally: Jones Lang LaSalle
Nearly 90 percent of the world's markets have improved transparency since the last survey in 2010. This year Jones Lang LaSalle is introducing a new index for transparency in sustainability.
By Lindsey Smith • June 27, 2012 -
Benton Harbor and St. Joseph reinventing themselves in Michigan
Set adrift on the shores of Lake Michigan when Whirpool left them behind, the cities are reshaping themselves as a recreation and conference destination.
By Ron Gallagher • June 26, 2012 -
Entertainment REIT in Trouble at School
Entertainment Properties Trust is learning a tough lesson from its ambitious investment in charter schools.
By Lindsey Smith • June 26, 2012 -
Prudential Mortgage Capital Closes its First CRE Loan in U.K.
Prudential is targeting at least $500 million of long-term, fixed-rate senior debt transactions in Europe, initially focusing on office, logistics, multifamily and retail properties in and around large population centers such as London, Paris and major German cities.
By Lindsey Smith • June 26, 2012 -
Chinese bank could back San Francisco naval bases redevelopment
There are reports that Lennar is talking with the China Development Bank about a $1.7 billion deal.
By Ron Gallagher • June 25, 2012 -
U.S. legislation would reduce subsidies for flood-insurance premiums
Federal flood insurance is essential for home and commercial construction in flood-prone areas.
By Ron Gallagher • June 25, 2012 -
National new-home sales pace in May is best in two years
Federal government data show the best rate since April 2010 and a 5.6% rise in the average price, too.
By Ron Gallagher • June 25, 2012 -
Bad news for home builders looms if Bush-era tax cuts expire at year-end
An analysis by the National Association of Home Builders sees bad things for its members if Congress and the president make no changes.
By Ron Gallagher • June 24, 2012 -
Once-struggling DeLuca is coming back as builder, renovator
The DeLuca building company in Pennsylvania is hard hit by the recession and the claims of creditors.
By Ron Gallagher • June 24, 2012 -
EuroVegas complex tempts Spain with money and jobs
The casino project from Sheldon Adelson and his Las Vegas Sands Corp. has Spaniards divided, despite potential benefits.
By Brian Warmoth • June 22, 2012 -
Housing on track to be a (small) addition to GDP growth again
Fannie Mae thinks housing sales may increase this year and add to GDP growth after several years of shrinking.
By Ron Gallagher • June 22, 2012 -
DOT awards $485 million in new 'TIGER' grants
The grants designed to encourage economic recovery through commercial construction will cover 47 projects in the latest round.
By Ron Gallagher • June 22, 2012 -
Indiana problem: Eroding gasoline-tax revenue means eroding streets
Local governments and state lawmakers see gasoline tax revenue falling and road projects taking the hit.
By Ron Gallagher • June 22, 2012
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