Residential

Sterling snaps up Arizona concrete business

ConDig (22-Dec-22).  Texas-based civil contractor Sterling Infrastructure Inc has acquired Concrete Construction Services of Arizona L.L.C. and its affiliated company (CCS) for $22 million. Sterling said that CCS provides residential single-family home concrete foundations, including…


US housing starts dip in November 

ConDig (20-Dec-22).  Construction of new homes in the US edged 0.5% lower in November in the wake of rising building material costs, elevated interest rates and supply chain bottlenecks, according to a report from the…


Wisconsin roofing contractor fined for fall hazards

ConDig (30-Nov-22).  The Occupational Safety and Health Administration (OSHA) has fined a Wisconsin-based roofing contractor $349,371 for exposing employees to dangerous fall hazards. The agency said inspectors observed roofing workers at heights greater than 6…




Homebuilder confidence slides again in Sept

ConDig (19-Sept-22).  US homebuilder confidence continued to drift lower in September as elevated interest rates, lingering material supply chain disruptions and high home prices continue erode affordability, according to the latest Association of Home Builders…




Homebuilder confidence continues to slide in August

ConDig (21-Aug-22).  US homebuilder confidence tumbled for an eighth straight month in August as the industry continues to face affordability challenges amid an uptick in interest rates, lingering supply chain issues and high home prices,…


Construction input prices drop 1.8% in August

ConDig (11-Aug-22).  US construction input prices fell 1.8% in August compared with the month prior, according to the Associated Builders and Contractors (ABC). The association also reported that nonresidential construction input prices also dropped 1.8%…