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Construction News Tracker
[NEWS TRACKER VIDEO] Continuing Resolution Prevents Losing Billions in Highway Funding
Congress passed HR 3055 which will keep the government open until December 20 and repeals the $7.6 billion rescission in federal highway funding; plus more construction industry news on the December 5, 2019, edition of Construction News Tracker.
December 5, 2019
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Construction News
November Gain in Construction Costs Marks the 37th Consecutive Monthly Increase
Engineering and construction materials costs increased in November despite weakness in steel and copper products
November 27, 2019
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Construction News
Report: Construction Industry Healthy Heading Into 2020 Despite Cause for Concern
Marcum Q3 Commercial Construction Index points to the good, the bad and the ugly as construction heads into 2020
November 25, 2019
Marcum
Construction News Tracker
[NEWS TRACKER] 2020 Construction Starts Will Drop But Activity Level to Remain High
A 4% drop in construction starts is predicted for next year, but 2020 will not be a repeat of 2009 because the level of activity will remain high; plus other construction industry news on the Nov. 21, 2019, Construction News Tracker
November 21, 2019
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Business
CCI shows promise for construction industry
The United States Gypsum Corporation (USG) released its Q3 Commercial Construction Index report showing promising numbers for the future of the construction industry despite outstanding concerns.
November 19, 2019
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Business
Construction Jobs and Wages Advance in October, But Reduced Spending Curbs Growth
The construction industry has added 148,000 jobs in the past 12 months, but global trade disputes and tariffs are negatively affecting construction spending.
November 5, 2019
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Financing, Insurance & Leasing
Construction Spending is On the Rise
Total nonresidential construction spending rose in September 2019 on the heels of a well-performing residential market
November 1, 2019
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Construction News
Construction Starts to Slip Back in 2020 as Economic Growth Eases
Dodge Construction Network
Dodge Outlook Report predicts economic slowdown to have broad-based impact on total construction growth
October 31, 2019
Miron Lake Mills School (25)
Construction News Tracker
[NEWS TRACKER] Tariff Costs to Businesses and Consumers Increase 62% Compared to 2018
Tariffs costs consumers and businesses $6.8 billion in July 2019, resulting in $30 billion in extra import tariffs since 2018; plus more construction industry news in the September 26, 2019, edition of Construction News Tracker
September 26, 2019
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Business
Nonresidential Construction Spending Mirrors Slowing U.S. Economy
The Marcum Commercial Construction Index for Q2 2019 reports nonresidential construction spending slowing as it experienced an 1.8% declince on a monthly basis in June
September 17, 2019
Nonresidential construction spending declined 1.8% on a monthly basis in June but is up 2.3% year-over-year.
Construction News
$6.8 Billion in Tariff Costs is Highest Monthly Total in U.S. History
New data shows costs paid in July skyrocketed 62% vs. the previous year, driven by $3.5 billion in new tariffs on Chinese imports
September 11, 2019
Total US Tariffs Paid by Month
Business
U.S. Economic Growth Outlook Stumbles with No Trade War Solution in Sight
Latest volleys in the U.S.-China trade war are projected to raise consumer prices and slow U.S. GDP growth, negatively impacting all industry sectors
August 30, 2019
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Business
US and China Trade War Escalates with Recent Tariffs
Several organizations are speaking out about negative economic impacts of the tariffs on U.S. and Chinese goods
August 26, 2019
Contractors and equipment manufacturers alike have been experiencing negative impacts from the escalating tariffs and trade war with China.
Construction News
China Imposes New Tariffs on $75 Billion of US Goods
In response to tariffs imposed on Chinese goods, China is implementing its own tariffs on U.S. imports, which will go into effect in two phases
August 23, 2019
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Construction News
US Expenditures on Commercial Building Construction to Advance 4.3% Per Year Through 2023
Increased spending by businesses, governments to drive growth
August 23, 2019
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Project Management
[VIDEO] 7 Steps to Manage Risks in the Construction Supply Chain
For the time-sensitive construction industry, recent tariffs are proving to be the most acute and painful supply chain risk this year
August 20, 2019
Construction
Rental
August/September 2019 Issue of Rental Highlights Ways to Deal With Labor Shortage
The August/September issue of Rental features our annual "Business Survival Guide," this year focusing on the challenges associated with the shortage of labor. Also in the issue are reports on the latest portable lighting trends and diesel engines regs.
August 14, 2019
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Construction News
Labor Shortages Still Hurting Housing Affordability
Home builders' association surveys members to measure how many firms experience labor shortage, the degree of shortage by trade and the effect on builders’ businesses
August 6, 2019
Four effects of the labor shortage on home builders' business are very common, with more than three-quarters of firms reporting lower profits, difficulty completing work and higher home prices.
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