Economy: Page 42
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Austrian wood-products maker Egger to build $700M NC factory
The new plant will supply one of the state's major industries — furniture manufacturing — and will have a local labor pipeline familiar with the material.
By Kim Slowey • July 28, 2017 -
How US infrastructure needs stack up globally
The world will fail to meet its collective infrastructure needs if countries don't increase spending. Right now, the U.S. has the biggest shortfall.
By Kim Slowey • July 26, 2017 -
RCLCO: Real estate investors maintain 'cautious optimism'
The continued lack of details and relatively slow action around how Trump's infrastructure agenda will take shape has dampened investor enthusiasm.
By Kim Slowey • July 25, 2017 -
ConstructConnect: June nonresidential starts fall 13.7%
All four categories tracked in the report experienced declines, with industrial falling the most month-to-month at 36.7%.
By Kim Slowey • July 21, 2017 -
For better roads, majority of Americans would back gas-tax hike
A Bloomberg poll found bipartisan support for paying more at the pump to generate additional funds for infrastructure spending.
By Hallie Busta • July 21, 2017 -
Facebook reveals NM data center expansion plans
The social media giant, which was courted by the state with offers of economic development funding, is getting a 30-year pass on property taxes.
By Kim Slowey • July 20, 2017 -
US transportation infrastructure to end 2017 on high note
The uncertainty surrounding President Donald Trump's infrastructure plans didn't push Fitch Rating's mid-year forecast into negative territory.
By Kim Slowey • July 20, 2017 -
Housing starts rebound in June
The monthly report beat analyst expectations, with strong growth in single- and multifamily starts and in permit authorizations.
By Mary Tyler March • July 19, 2017 -
Architecture billings hit fifth-straight month of growth in June
The multifamily residential segment carried the increase in demand for design services, jumping from a reading of 51.3 to 57.1 for the month.
By Mary Tyler March • July 19, 2017 -
Baton Rouge, LA leads US cities in construction, extraction jobs
However, markets like Detroit may be a better bet for workers whose sole focus is construction, according to apartment listing and research company Abodo.
By Kim Slowey • July 19, 2017 -
Trump broadens NAFTA objectives ahead of talks
Meanwhile, trade issues including the U.S.–Canada softwood lumber deal remain up in the air, though some observers say those talks could heat up this summer.
By Kim Slowey • July 19, 2017 -
Downtown Detroit gearing up for $5.4B in development
Global real estate firm CBRE said at least 70 projects are underway or planned for the next three years as the Midwest city continues to rebound.
By Kim Slowey • July 19, 2017 -
Builder optimism continues to slide in July
Concerns over rising material prices drove the National Association of Home Builders/Wells Fargo Housing Market Index to its lowest reading since November.
By Mary Tyler March • July 18, 2017 -
Deep Dive
Inside the mind of a first-time homebuyer
What do new buyers want when they hit the market? We talked with first-timers and housing experts to help builders understand how to reach this group.
By Joe Dyton • July 14, 2017 -
Construction material prices bounce back in June
An increase in crude petroleum prices drove the sixth month of growth in the last seven months.
By Kim Slowey • July 14, 2017 -
WA Gov. Jay Inslee signs 'buildable lands' law
The bi-partisan legislation aims to bring clarity to the process of assessing land for construction as the state faces high home prices and an inventory shortage.
By Joe Dyton • July 14, 2017 -
CT leads US states in highest home energy bills
Meanwhile, states in the South reported the highest energy consumption per user, according to a WalletHub analysis of monthly energy use across the country.
By Mary Tyler March • July 14, 2017 -
Deep Dive
9 ways to get the most out of lots
From staggering homes to meeting with city planners early on, these tips help optimize lots while improving views and reducing waste.
By Debbie Reslock • July 13, 2017 -
Houston housing market sees record month in June
The city had 8,414 single-family home sales in June, up 8.3% from the year before, while inventory reached its highest level in nearly five years.
By Mary Tyler March • July 13, 2017 -
Lack of affordable housing hampering Bay Area growth
Something will need to give if the San Francisco area economy is to remain robust — whether that’s renewed growth in hiring or more housing options.
By Joe Dyton • July 13, 2017 -
Dodge Momentum Index keeps climbing with 1% bump in June
The institutional sector once again drove the uptick with a gain of 4.8%, which made up for a 1.3% loss in commercial.
By Kim Slowey • July 12, 2017 -
Los Angeles preps to host either 2024 or 2028 Olympic Games
Central to the city's bid is its ability to transport visitors, leading it to accelerate infrastructure projects already underway.
By Kim Slowey • July 12, 2017 -
Pacific Northwest adds most new housing stock since May 2008
An expected summer slowdown in competition for homes helped 23 counties in the region add a total of 13,658 new listings for the month.
By Mary Tyler March • July 12, 2017 -
Where home prices are reaching new highs — and where they aren't
When adjusted for inflation, today's home prices are still below their pre-recession peaks, says Harvard University's Joint Center for Housing Studies.
By Joe Dyton • July 12, 2017 -
Clayton acquires Birmingham, AL homebuilder
Harris Doyle Homes is the fifth builder to join the Berkshire Hathaway–owned company's site-build business.
By Mary Tyler March • July 11, 2017
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