The predicted boom in construction stocks under President Donald Trump is turning into a bust.
August 28, 2017construction News Updates
Construction Stocks Tank as Trump’s Infrastructure Plans Fizzle
Strike by Concrete Truck Drivers Threatens Seattle Construction Projects
More than a quarter of King County, Washington’s concrete delivery-truck drivers have gone on strike, and the rest could soon join them — threatening to delay dozens of projects amid the region’s record construction boom.
August 17, 2017Housing Starts Fell in July on Apartment Building Slowdown
U.S. housing starts stumbled in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy, Commerce Department data showed Aug. 16.
August 16, 2017Drones, Artificial Intelligence Creep Into Road Construction
High above the Balfour interchange on State Route 4 in Brentwood, Calif., a drone buzzes, its sensors keeping a close watch on the volumes of earth being moved to make way for a new highway bypass.
July 26, 2017Steady ºÚÁϳԹÏÍø-Price Gains in 20 US Cities Show Tight Inventory
Steady price gains in 20 U.S. cities in May indicate that a tight supply of properties paired with increased demand is boosting home values, according to figures from S&P CoreLogic Case-Shiller on July 25.
July 25, 2017Drop in Housing Starts Shows Industry May Weigh on Growth
Three straight months of declines in new-home construction show U.S. homebuilding may weigh on second-quarter growth, Commerce Department data showed June 16.
June 16, 2017Housing Starts Fell in March to a Four-Month Low
New-home construction in the United States cooled in March to a four-month low as starts of single-family properties settled back from the strongest pace in almost a decade, Commerce Department data showed April 18.
April 18, 2017ºÚÁϳԹÏÍøbuilder Sentiment Cools From Almost 12-Year High
Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data released April 17 from the National Association of ºÚÁϳԹÏÍø Builders/Wells Fargo.
April 17, 2017Under Hood of US Construction Spending Is Government Pullback
Here’s one key takeaway from the Commerce Department’s report March 1 on U.S. construction spending in January. Outlays dropped 1% from the previous month (forecast was for 0.6% rise), the biggest drop since April, which will drag on first-quarter gross domestic product.
March 1, 2017Housing Starts Rose More Than Expected in December
Builders broke ground in December on more U.S. homes than forecast as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Jan. 19.
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