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“The US construction industry has moved into a mature stage of expansion,” Robert Murray, Dodge Data's chief economist, said at the firm's annual executive conference Thursday. Multifamily starts are expected to decelerate next year.
NEW YORK CITY—Much has been made of activity in these outer boroughs—while the potential of the Bronx and even Staten Island are oft discussed—but Manhattan is driving construction, according to a new report.
MIAMI—GlobeSt.com caught up with Rey Melendi, COO of 13th Floor Investments, to get his take on what's unique about this construction cycle in part one of this <br>EXCLUSIVE</b> interview.
ARLINGTON, VA—The Associated General Contractors of America's Ken Simonson says that construction job openings have been at a 10-year high, “but hiring has stalled in many parts of the country.”
NEW YORK CITY—A new report from Dodge Data and Delos details "how the design and construction industry is helping to drive efforts to introduce preventative medical intentions into our built environment, where we spend more than 90% of our time," says Delos CEO Paul Scialla.
WASHINGTON, DC—May's year-over-year decline in construction unemployment continues a string of annual decreases in the sector's jobless rate that began in the fall of 2010, says Associated Builders and Contractors.
BOSTON—The report also states that more than half of Airbnb's Boston-area revenue, approximately $25 million, is derived from operators that listed properties for rent more than 180 days per year.