Contractors are, overall, “very optimistic” about their prospects this year—especially those that plan to bid on projects arising from last November’s passage of the Infrastructure Investment and Jobs Act—though significant...
Total construction starts pushed 16% higher in October to a seasonally adjusted annual rate of $1.01, according to Dodge Data & Analytics’ Dodge Construction Network. Nonbuilding starts rose 52%, nonresidential building...
According to the results of the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB), Washington, D.C., confidence in the market for new multifamily housing decreased in the second...
Does the near-term future of nonresidential construction look bright or dim? It depends on who you ask. According to a report from the Associated General Contractors of America (AGC), Arlington, Va., the future is fraught...
According to a report from the Associated General Contractors of America (AGC), Arlington, Va., construction spending rallied in January, especially as private nonresidential construction increased for the first time in seven...
A new report from Moody Analytics, “Downturns, Construction Delays, and the COVID-19 Pandemic: The Economics of Supply Growth in the Age of Coronavirus” notes that, “Economic downturns cause delays and cancellations for new...
A new report from McKinsey & Co., “How Construction Can Emerge Stronger After Coronavirus,” noted that while the pandemic is causing significant problems in construction, there are some strategies to address the challenges...
According to the latest data from the Census Bureau and the Department of Housing and Urban Development, new home construction and building permits fell in April, but this drop doesn't really tell the whole story of what is...
