Construction backlog posts first gain of 2024
Construction Dive » Economy
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1w ago
Given industry headwinds, the “optimism among nonresidential construction contractors is astonishing,” said Anirban Basu, Associated Builders and Contractors chief economist ..read more
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Contech investment up 20% in Q1
Construction Dive » Economy
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1w ago
Investors pumped $672 million into the space through March, a significant jump from the same period in 2023, according to Cemex Ventures ..read more
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Apartment starts fall more than 43%
Construction Dive » Economy
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1w ago
Completions rose 4.6% as developers added more than 500,000 units in March ..read more
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After pandemic boom, industrial construction starts fade
Construction Dive » Economy
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2w ago
Project kickoffs fell 40% last year, as a slew of COVID-era warehouse and distribution projects have outpaced demand ..read more
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Construction planning posts largest decline of 2024
Construction Dive » Economy
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2w ago
Institutional developments, which include life sciences and lab projects that surged during the pandemic, have now slowed down, according to Dodge Construction Network ..read more
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Job openings inch up as layoffs, hirings soar
Construction Dive » Economy
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1M ago
Construction sectors powered by federal funds have high demands for labor, but private segments face slower growth, according to an Associated Builders and Contractors economist ..read more
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Construction starts plunge 8% as Fed toes line on rates
Construction Dive » Economy
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1M ago
January’s manufacturing gains were wiped away as the prolonged impact of higher interest rates and labor issues caught up with the sector ..read more
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Office real estate value likely to plunge 26% through 2025: Moody’s
Construction Dive » Economy
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1M ago
An above-average amount of commercial real estate debt will soon mature and property owners will need to refinance at the highest rates in years, Moody’s said ..read more
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Office sector drags down construction planning
Construction Dive » Economy
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1M ago
Nonresidential planning slowed as workers continue to log in from home, but most other categories showed growth, according to Dodge Construction Network ..read more
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Inflation, interest rates contribute to backlog dip
Construction Dive » Economy
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1M ago
Higher borrowing costs may stick around for longer than anticipated, which could upset economic momentum, said Anirban Basu, ABC chief economist ..read more
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