Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our own feature articles.
Preparing construction sites for hurricanes feature article — May 31
With the start of Atlantic hurricane season on June 1, contractors should prepare for possible storm damage to their project sites and know how to handle any ramifications. In our feature article on Tuesday, May 31, we'll take a look at how to best prep a construction site for an approaching storm, and what to do after the storm passes.
Construction spending — June 1
The Commerce Department will release April construction spending results on Wednesday, June 1. Last month, the department announced spending rose 0.3% in March to a seasonally adjusted annual rate of $1.14 trillion.
Private residential construction surged 1.6% in March, while nonresidential construction spending increased 0.7%. March's spending results failed to meet expectations, as economists surveyed by MarketWatch predicted a 0.7% rise.
Will Wednesday's results continue construction spending's slow climb?
Regulation roundup feature article — June 2
Professionals in all sectors of the construction industry often point to regulation costs as one of the main obstacles to stronger business growth. On the homebuilding side, builders have said that government regulations can add nearly 25% to a home's selling price. On the commercial side, construction companies have pointed to such regulations as the Davis-Bacon Act as government measures that drive up a project's costs.
In our feature article on Thursday, June 2, we'll explore some of the most significant regulations affecting the construction industry.
