ConDig (23-Apr-24). Sales of new single-family homes surged 8.8% in March to a 693,000 seasonally adjusted annual rate from a downwardly revised reading in February, according to latest figures from the Commerce Department. But new…
ConDig (16-Apr–24) Construction of new homes in the United States crumbed month-on-month in March as the house building industry continues to battle the crippling effects of spiraling inflation, according to a report from the U.S….
ConDig (10-Apr–24) Swedish developer and contractor Skanska has netted an additional $166 million deal to build a hospital in Lakeland, Florida. Under the deal with Orlando Health, Skanska will oversee the construction of the planned…
ConDig (26-Mar–24) Swedish developer and contractor Skanska has bagged a $1.4 billion deal to replace the Portage Bay Bridge in Seattle, Washington. Under the deal with the Washington State Department of Transportation, the company will…
ConDig (02-Apr-23) Construction spending in the US dropped more than expected in February amid high interest rates and companies and the government paring back projects, according latest figures from the U.S. Census Bureau. Spending on…
ConDig (26-Mar–24) Swedish developer and contractor Skanska has signed a $94 million additional contract to expand and revamp a University in Ohio. Under the deal with the University of Cincinnati, the project involves a 6,100-square…
ConDig (21-Mar-24). US construction starts tumbled 8% in February to a seasonally adjusted annual rate of $1.07 trillion, according to Dodge Construction Network. The drop comes amid a 16% fall in nonresidential building starts, while nonbuilding…
ConDig (20-Mar–24). A subsidiary of civil, building and specialty construction company Tutor Perini is reportedly in pole position for a $136 million contract to replace and upgrade a bridge and highway in Illinois. Tutor Perini…
ConDig (6-Mar–24) Moderating mortgage rates and a lack of existing inventory are breathing life into the single-family home market, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index…
ConDig (27-Feb-24). Texas-based civil contractor Sterling Infrastructure has secured two highway upgrade projects in Nevada totaling $78 million. Under the deal with the Nevada Department of Transportation (NDOT), Sterling said it’s Road and Highway Builders, LLC…