Economy: Page 41
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Architecture billings change course in September
Last month marks the first time since January that demand for design services has dipped below positive levels.
By Mary Tyler March • Oct. 18, 2017 -
Builder confidence sees highest level since May
October's score suggests home builders are recovering from the preliminary aftershocks following Hurricanes Harvey and Irma, though they will still face the long-term repercussions of the storms.
By Laurie Cowin • Oct. 17, 2017 -
US hotel construction up nearly 6% year over year
Despite overall growth, hotel construction saw decreases in half of the busiest markets, including those touched by Hurricane Harvey.
By Kim Slowey • Oct. 17, 2017 -
Construction material prices continue to climb in September
Material prices rose at three times the rate of inflation on a year-over-year basis as strong construction activity drives demand.
By Kim Slowey • Oct. 13, 2017 -
Report: US commercial real estate to grow through 2019
There is little chance of a surge in growth, but the market could be in store for its longest period of expansion yet, according to the Urban Land Institute.
By Kim Slowey • Oct. 12, 2017 -
Dodge Momentum Index falls again in September
The institutional and commercial construction activity tracked by the index is expected to rebound despite the current negative streak.
By Kim Slowey • Oct. 9, 2017 -
Construction adds 8K jobs in September
Industry and overall employment for the month dropped off sharply, likely in response to damage from Hurricanes Irma and Harvey.
By Mary Tyler March • Oct. 6, 2017 -
Construction spending inches up in August
Spending could get a significant boost in the coming months as hurricane-related rebuilding gets underway in the South.
By Mary Tyler March • Oct. 2, 2017 -
Study: Demand for construction trades will continue to climb
The employment future looks bright for construction trades through 2030 — but less so for their bosses.
By Kim Slowey • Sept. 29, 2017 -
Deep Dive
Are P3s 'more trouble than they're worth'?
We recap our latest coverage of the method in light of the president's recent comments calling into question his stance on using private funds for public works.
By Mary Tyler March • Sept. 28, 2017 -
Billionaire Dan Gilbert pledges 24K jobs for $2.1B in Detroit projects
Of those temporary and permanent positions, 15,000 would be in construction for the four downtown developments in question.
By Kim Slowey • Sept. 22, 2017 -
Dodge: Construction starts fall 2% in August
Institutional projects like New York City's massive Moynihan Train Hall conversion led nonresidential building to a 14% month-over-month increase in value.
By Kim Slowey • Sept. 22, 2017 -
Office construction boom continues across the US
Almost 48 million square feet of new U.S. office space is scheduled for delivery before the end of the year, according to a report from Commercial Café.
By Kim Slowey • Sept. 22, 2017 -
Volvo doubles investment in SC plant to $1B
Company representatives did not give a reason for the increase but said the plant will hire an additional 1,900 employees as a result.
By Kim Slowey • Sept. 21, 2017 -
Sponsored by Go Build
America's continued construction labor crisis
The recent hurricanes, the Great Recession and expected infrastructure legislation have put the construction industry in an alarming situation.
By Bob Woods (CEO/President, Go Build) • Sept. 20, 2017 -
Architecture billings rise for seventh-straight month in August
The continued, steady demand for design services is a positive sign for future construction spending.
By Mary Tyler March • Sept. 20, 2017 -
Report: Industry optimistic about commercial prospects
Concerns about the availability of skilled workers have dampened enthusiasm somewhat and could worsen in response to the need for rebuilding in the South.
By Kim Slowey • Sept. 20, 2017 -
ConstructConnect: August nonresidential starts down 9.8%
The above-average loss was driven by reduced activity in the commercial and institutional categories.
By Kim Slowey • Sept. 19, 2017 -
Housing starts dip, permits climb in August
The full impact of Hurricanes Harvey and Irma on housing activity will be registered in the coming months as rebuilding efforts get underway.
By Mary Tyler March • Sept. 19, 2017 -
DC Metro needs $15.5B to keep trains running, officials say
The figure falls short of the $25 billion some officials say is necessary for key capital projects along the struggling rail system.
By Kim Slowey • Sept. 19, 2017 -
Builder confidence falls back in September
The drop-off comes amid uncertainty as to the extent of the rebuilding process in the Southeast and Gulf Coast following Hurricanes Harvey and Irma.
By Mary Tyler March • Sept. 18, 2017 -
Demand for construction supplies soars after Hurricane Harvey
Buyers are seeking steel buildings, doors, and concrete, masonry and stone products at a higher frequency now than they were before the storm.
By Edwin Lopez • Sept. 18, 2017 -
Material prices continue to rise in August
It's still unclear how demand from repairs needed following Hurricanes Harvey and Irma will impact material prices in the long term.
By Hallie Busta • Sept. 14, 2017 -
USDOT announces $500M TIGER grants
Selections will prioritize rural projects that improve infrastructure, connect to regional economic centers and support economic growth.
By Hallie Busta • Sept. 14, 2017 -
Pittsburgh International Airport has a $1.1B plan to downsize
The upgrade to the former U.S. Airways hub, which has struggled to meet capacity in recent years, will lower the cost per passenger significantly.
By Hallie Busta • Sept. 14, 2017