ConDig (02-Dec-24). Construction spending in the US nudged up 0.4% to an annual rate of $2.174 trillion in October after inching up by 0.1% to a rate of $2.165 trillion in September, according to latest…
ConDig (20-Nov–24) Construction of new homes in the United States fell 3.1% on October amid an uptick in mortgage rates. Overall housing starts decreased 3.1% in October to a seasonally adjusted annual rate of 1.31…
ConDig (14-Nov-24). US construction input prices edged up 0.3% in October compared with the month prior on higher energy costs, according to the Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor…
ConDig (29-Oct–24) Swedish developer and contractor Skanska has bagged a $435 million contract to build a hospital in Fort Myers, Florida. Under the deal with Lee Health, the company will build a 416,000-square-foot, five story…
ConDig (17-Oct-24). US construction starts crumbled 6% in September to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. It comes as nonbuilding starts nosedived 11%, residential starts were down 1%, while…
ConDig (07-Oct–24) Swedish developer and contractor Skanska has driven off with a $625 million design-build contract to revamp the I-95 highway in Rhode Island. Under the project with the Rhode Island Department of Transportation (RIDOT),…
ConDig (02-Oct–24) Swedish developer and contractor Skanska has secured two data center deals totaling $321 million. Under the first deal with an unnamed existing client, the company bagged a $80 million supplemental contract to build…
ConDig (17-Sept-24) A joint venture between civil, building and specialty construction company Tutor Perini Corporation and Black Construction Corporation has bagged a $38.3 million contract to upgrade a Marine Corps base in Guam. Under the deal with…
ConDig (11-Sept-24) Civil contractor and construction materials producer Granite Construction has bagged a $65 million contract to revamp a state highway in Utah. Under the deal with the Utah Department of Transportation (UDOT), the Watsonville,…
ConDig (29-Aug-24) Civil contractor and construction materials producer Granite Construction drove off with a $45 million contract to revamp the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor in California. Under…