Tag: jump
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Private construction steadies, but public abandonments jump
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Construction stress improved in August after a sharp spike earlier this year, but there’s been some erosion in public projects, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects…
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Multifamily starts jump, but some question the data’s accuracy
Earlier this week, HUD and the U.S. Census Bureau again reported strong numbers for multifamily construction. Starts for buildings with five or more units jumped 11.6% month over month in July and rose 27.4% year over year to a seasonally adjusted rate of 470,000. Multifamily developers finished an annualized 383,000 apartments in buildings with five…
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Dodge Construction Network Reports 16% Jump in June Construction Starts
Total construction starts increased 16% in June to a seasonally adjusted annual rate of $1.33 trillion, according to Dodge Construction Network. The growth was led by a 39% surge in nonresidential building starts, while residential starts declined 1% and nonbuilding starts rose 2%. “Construction starts saw solid growth in June, alongside particular strength in manufacturing…
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You Asked, We Delivered…AGAIN! 5 Modern Traditional Bedrooms You’ll Want To Jump Right Into
Welcome to the second installment of the “Modern Traditional” room combo series! You all seemed to really love our affordable modern traditional lighting post and our living room post, so I thought, let’s tackle modern traditional bedrooms next. I’ve made A LOT of progress on mine, so they are heavy on my mind currently. Plus,…
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Tariff fears tied to biggest construction cost jump in 2 years
Dive Brief: Construction input prices jumped 1.4% in January, marking the largest monthly increase in two years, according to an analysis by Associated Builders and Contractors. Energy costs drove much of that increase, with crude petroleum, natural gas and unprocessed energy all rising. However, the price jump also stems from a rush to purchase materials…