During the first six months of the year, the value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased 24% from 2021, according to Dodge Construction Network.
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for June 2022.
As project inquiries declined significantly in Q2 2022 among build-only and design-build professionals, both have lowered their expectations for new committed projects in Q3 2022.
Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.
The number of U.S. secondary schools embracing trade skills curriculums is growing rapidly, according to the Home Builders Institute (HBI). The chief executive of the nation’s largest nonprofit organization in construction skills training says middle and high schools are reexamining the need to expose more of their students to the trades.
Prices of materials and services used in new nonresidential construction leaped nearly 21 percent in April from year-ago levels, according to an analysis of government data by the Associated General Contractors of America.
Laticrete, a leading manufacturer of globally proven construction solutions for the building industry, was selected as the ‘Supplier of the Year’ by the highly-esteemed Ceramic Tile Distributor Association (CTDA), an international organization of distributors, manufacturers and allied professionals of ceramic tile and related products.
The Associated General Contractors of America and Procore Technologies, Inc., are offering a new scholarship to support minority students studying construction at the nation’s Historically Black Colleges & Universities (HBCUs).
