While manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction dipped sharply in the month. Read more»
Total construction starts rose 8 percent in May to a seasonally adjusted annual rate of $1.11 trillion, according to Dodge Construction Network. Nonresidential starts rebounded... Read more»
While total construction starts made good gains last month, Dodge Construction Network says tightening financial conditions could soon have impacts. Read more»
Says Dodge Construction Network’s Sarah Martin: “Lending standards for small banks in particular have substantially tightened as banking insecurity intensifies.” Read more»
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