ConDig (19-Jul-18). Construction of new homes in the US plunged 12.3% in June to a nine-month low and permits sank for a third straight month, indicating a softening in the market amid an increase in…
ConDig (19-Jul-18). US homebuilder confidence remained unchanged in July as robust demand for homes offset concerns over rising material costs. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) held at 68 in…
ConDig (12-Jul-18). Construction costs surged 9.6% on average from June 2017 to June this year as tariffs against foreign goods like steel and aluminum start to take hold, according to the Associated General Contractors of…
ConDig (10-Jul-18). California-based contractor TB Penick & Sons, Inc. has been forced to pay out more than $1.1 million after it was found jointly liable for wage theft by a subcontractor. California labor Commissioner Julie…
ConDig (03-Jul-18). Developer and contractor Skanska has secured a $74 million additional contract for a mixed-use construction project in Nashville. Under the deal with developer OliverMcMillan and Spectrum Emery (OMSE), the contractor will carry out…
ConDig (03-Jul-18). Construction spending clicked 0.4% higher in May compared with the month prior as an upswing in residential and public investment offset a drop in private nonresidential, according to latest Commerce Departments figures. The…
ConDig (25-Jun-18). Sales of new single-family homes in the US surged 6.7% in May to a new yearly high as a robust economy continues to underpin demand for homes, according to new figures from the…
ConDig (21-Jun-18). Leaders of the US construction industry have called on Congress to revamp the immigration system to help alleviate a deepening skills shortage that is crippling the sector. The Associated General Contractors of America…
ConDig (17-Apr-18). Construction of new homes in the US shot up 5% to hit a near 11-year high in May as single-family and multifamily sector starts jumped higher, but building permits fell, according to latest…
ConDig (18-Jun-18). Despite robust demand levels, US homebuilder confidence unexpectedly dropped in June in the wake of higher lumber costs following the roll out of tariffs on Canadian imports. The National Association of Home Builders/Wells…