March 30, 2009
Steel Company Shares Rise on Positive Economic Signs
Shares in U.S. steel companies rose on Thursday, a result of positive signs of economic recovery in the United States, analysts said.
The U.S. government announced a rise in durable goods orders and new home sales, while the finance director of mining...
March 27, 2009
New Home Sales Turn Upward in February
Providing a welcome glimmer of hope that potential home buyers are starting to return to the market, sales of newly built, single-family homes rose for the first time in seven months this February, according to Commerce Department figures released today....
March 25, 2009
Steel Framing Conference Offers Opportunity for Construction Growth
Lower insurance rates, termite resistance, improved performance during high wind and seismic events, and reduced cycle time are some of the many advantages cold-formed steel offers over competing materials in the mid-rise and residential markets. Part of...
March 23, 2009
ABI Continues to Point to Difficult Conditions
Following another historic low score in January, the Architecture Billings Index (ABI) was up two points in February. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between...
March 20, 2009
FMI's Construction Outlook: First Quarter 2009 Report
FMI, management consultants and investment bankers for the construction industry, releases its Construction Outlook: First Quarter 2009 Report.
FMI’s Construction Outlook, a quarterly construction market forecast developed by FMI’s Research Services...
March 19, 2009
Construction Costs Forecasted to Decrease
Turner Construction Company, the nation’s leading general builder, today announced that the First Quarter 2009 Turner Building Cost Index, which projects domestic commercial building construction costs, has decreased 5.77% from the Fourth Quarter 2008....
March 18, 2009
UL Begins Certification of Green Products
Underwriters Laboratories, the 114-year-old organization known for consumer product safety testing, has beguin offering assessment and certification of environmental product claims.
UL's two new programs launched in January 2009.
"The question of...
March 17, 2009
New-Home Construction Logs Unexpected Gain
The number of new housing projects that builders broke ground on in February rose sharply, defying economists' forecasts for yet another drop in activity.
The Commerce Department reported Tuesday that construction of new homes and apartments jumped...
March 16, 2009
February Construction Falls 8%
At a seasonally adjusted annual rate of $376.2 billion, new construction starts in February dropped 8% from the previous month, it was reported by McGraw-Hill Construction, a division of The McGraw-Hill Companies. Nonresidential building continued the...
March 12, 2009
Healthcare Industry Not Immune to Economic Malaise
Cranes are still busy over Boston’s medical districts. But the city’s healthcare construction boom, which in the past five years has seen over a million square feet of new projects completed and more than 2 million square feet approved or under...
March 9, 2009
February 2009 US and Canada Housing Starts
U.S. Finally—good news! For the first time in months, February housing starts (released March 17) rose 22.2% to 583,000 units (SAAR). Total single family starts increased by 1.1% to 357,000 units (SAAR), while the multi-family sector surged to 212,000...
March 6, 2009
January Construction Spending Down 3.3%
Total US construction spending fell more than expected in January as cutbacks in federal, state and local building helped fuel the downturn carried by continuing declines in both business and residential construction spending, the Commerce Department...
March 5, 2009
AWCI, EIMA Join Forces to Advance EIFS
March 2, 2009
Gypsum Manufacturers Announce Price Increases