Trade War Hits Housing as Building in US Factory Areas Slows
Homebuilders are pulling back from U.S. manufacturing areas as shots fired in President Donald Trump’s trade war begin to ricochet across the economic landscape.
Alabama’s Deteriorating Roads Cost Drivers $5.3 billion a Year, Report Says
Alabama’s roads and bridges have deteriorated to such an extent that it costs each resident $5.3 billion a year, according to a report by a nonprofit transportation research organization.
February 25, 2019Construction Supply Group Acquires Three Companies
Construction Supply Group, a distributor of specialty construction materials, accessories and tools, has acquired All-Tex Supply, Masonpro Inc. and Titan Construction Supply. The additions will help to expand the company’s presence in the Texas, Oklahoma, Michigan and Nevada markets.
December 10, 2018Could Self-Driving Bulldozers Help Fix A Housing Shortage?
As the yellow and black bulldozer-like machine zoomed around the construction site preparing the ground for 700 new houses, all that was missing was someone in the driver’s seat.
Construction Spending Grows Just 0.1% in February
Spending on U.S. construction projects ticked up a mere 0.1% in February from the prior month, a sign that a growing economy is doing little to spur a more rapid pace for building homes, hospitals and highways.
Nebraska TIGER Grant Will Ease Truck Traffic in Lincoln Area
Nebraska’s Lincoln South Beltway project, partially supported through a recent round of federal grants, is projected to ease traffic by diverting trucks around the city rather than through it.
Housing Starts Reach Highest Level in More Than a Year
U.S. new-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018, government figures showed Feb 16.
February 16, 2018NCDOT Plans to Fully Reopen Stretch of I-40 by Christmas
Travelers using Interstate 40 to pass through Raleigh, N.C., can expect lanes that have been under construction for the past few years to be restored by Christmas, according to North Carolina Department of Transportation Spokesman Steve Abbott.
Drop in September Home Starts Reflects Slump in South
A larger-than-forecast decline in U.S. new- home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from hurricanes Harvey and Irma, according to government figures Oct. 18.
October 18, 2017Homebuilders Gauge at Five-Month High Shows Storm Recovery
A rebound in homebuilders’ confidence to a five-month high indicates concern over fallout from major hurricanes has been alleviated, according to data Oct. 17 from the National Association of Home Builders/Wells Fargo.