A report released by the Commerce Department on Wednesday showed a sharp pullback in new residential construction in the U.S. in the month of July. The Commerce Department said housing
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U.S. Housing Starts Rebound In May But Building Permits Slump
After reporting a sharp pullback in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts rebounded in the
Continue reading »How 4 Construction Firms Look as Biden Kicks Off Infrastructure Plan
In a January pre-inauguration speech, President-elect Joe Biden outlined an infrastructure spending plan totaling some $2 trillion in accelerated spending on infrastructure programs like clean energy, public transit and road
Continue reading »U.S. Construction Spending Jumps Much More Than Expected In August
With spending on private construction showing a significant increase, the Commerce Department released a report on Thursday showing U.S. construction spending jumped much more than expected in the month of
Continue reading »U.S. Housing Starts Pull Back Sharply Amid Plunge In Multi-Family Starts
After reporting a substantial increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing starts pulled back by
Continue reading »Brooklyn Luxury Tower Hits Market With Pandemic Sapping Demand
Developer Sam Charney thought he’d planned for just about every market risk when he started construction on a luxury Brooklyn rental tower two years ago. A global pandemic wasn’t on
Continue reading »US home construction collapsed 22.3% in March
Pause on residential construction during coronavirus promotes safety: NAHB CEO NAHB CEO Jerry Howard discusses the pause being put on residential construction sites and home building being excluded from coronavirus
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