- Keeping house: nonresidential construction flourishes,
but slow housing starts and credit woes put downward pressure on the
construction market.
[ILLUSTRATION OMITTED] The construction industry of 2007 has been something of a see-saw, with total spending numbers depending largely on the margins between the high-rising nonresidential sector and sluggish residential construction. Month after month, the pattern has repeated residential housing starts continue to falter, and some months, the surge ......
- Retail leads nonresidential building recovery
Commercial construction spending accounted for 31% of the total year-to-date gain in nonresidential and multifamily construction through August. The quick rebound in spending on new and renovated multifamily housing, retail, service, and parking facilities early in the construction expansion cycle is typical of the cyclical pattern. Retailers and storefront service ......
- Airport renovation tops bounty of public construction projects
Major highway and other building projects should continue to propel the construction industry in the next few years, according to state economists. Although the state Labor Department expects residential construction around Alaska to slow, state and federal projects should surge this year. The multiyear, $230 million renovation of the Ted ......
- Status and Forecast
Total Construction Spending After four consecutive increases, spending fell 0.3 percent in June due to a weak month for the still-booming nonresidential building market and more funding problems for heavy construction. Little change is expected in the next few months. Inflation-adjusted spending is projected to decline further until the end ......
- Construction contracts rise one percent in
December.
The value of new construction started to edge up 1% in December to a seasonally adjusted annual rate of $456.3 billion, according to the F.W. Dodge division of The McGraw-Hill Companies. A surge of nonresidential building offset declines for residential building and non-building construction (public works and utilities). For all ......
- F.W. Dodge report: Construction starts up by 5
percent.
The value of new construction starts increased by 5% in September to a seasonally adjusted annual rate of $488.5 billion, it was reported by the F. W. Dodge division of the McGraw-Hill Companies. A surge of public works and electric power plant projects boosted the level of total construction, with ......
- State Construction Increase Revised
With year-end figures calculated, California's total construction activity for 2003 is $69.22 billion, adjusted for inflation, up 7.8 percent from 2002. According to statistical data gathered by the Construction Industry Research Board (CIRB), activity in December, where total construction volume is $5.45 billion, up 14.9 percent from the previous month, ......