ConDig (23-May-17). Profit at US luxury homebuilder Toll Brothers Inc surged 40% in its fiscal second quarter as robust home sales and orders helped underpin a 22% rise in revenue. Horsham, Pennsylvania-based Toll Brothers booked…
ConDig (19-May-17). A softer-than-expected first quarter has forced ConstructConnect to lower its full-year construction starts forecast to 4.8% growth from 7.4% previously. The Cincinnati-based company also lowered its forecast for next year to 6%…
ConDig (18-May-17). The Occupational Safety and Health Administration (OSHA) has delayed the filing deadline for the proposed electronic record keeping rule in order to give employers more time to comply. The agency had originally set…
ConDig (16-May-17). Construction of new homes in the US dipped for a second straight month in April and building activity is now down to the lowest point in five months, raising concerns that the sector…
ConDig (15-May-17). Builder optimism in the market for newly-built single-family homes rebounded in May after edging lower in April, according the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI increased two…
ConDig (12-May-17). Construction material prices nudged up 0.7% in April from the month prior, which was the fifth consecutive month of price hikes, according to analysis of US Bureau of Labor Statistics data by Associated…
ConDig (10-May-17). An association that represents non-union contractors is pushing for mandatory alcohol and drug testing on construction sites in New York City, according to reports. The Associated Builders and Contractors (ABC), a non-union organization…
ConDig (09-May-17). Profit at LGI Homes edged up in the first quarter of this year as the Woodlands, Texas-based entry-level homebuilder posted a 0.3% increase in revenue. Net income in the quarter ended March 31…
ConDig (05-May-17). The US construction industry added 5,000 new jobs in April to reach its highest level in more than nine years amid strong activity levels across the sector, according to the Associated General Contractors…
ConDig (04-May-17). Beazer Homes USA Inc plunged further into the red in its fiscal second quarter as a $15.6 million refinancing charge offset a 11.8% hike in revenue. The Atlanta-based company booked a loss for…