Protect Your Payment with a Mechanic’s Lien

Protect Your Payment with a Mechanic’s Lien

Jan. 23, 2018

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NAHB’s Remodeling Market Index Reaches Second-Time High in 2017

Jan. 22, 2018

A booming stock market is one of the variables that National Association of Home Builders (NAHB) Remodelers Chair Joanne Theunissen says contributed to the high reading on its Remodeling Market Index (RMI), which reached 60 for the second time in 16 years.

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Housing Starts Saw Typical Winter Decline in December

Jan. 19, 2018

December housing starts fell 8.2% to 1.192 million, but the trend likely reflects a typical winter downturn. “Residential construction tends to pull back as winter approaches, so anything outside the norm tends to have a disproportionate impact on the reported figures,” said Mark Vitner, senior economist with Wells Fargo in a report on the data.

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Enormous British Construction Firm is Liquidated, Leaving Small Contractors with Unpaid Bills

Jan. 18, 2018

Britain’s largest corporate failure in a decade concerns 200-year-old construction firm Carillion, which employs 43,000 people, forcing the government to guarantee a broad spectrum of public services, from schooling to roads.

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Housing Market Index Stays Strong, Despite Dip from December

Jan. 17, 2018

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index dipped two points to 72 in January, according to preliminary results released on Jan. 17.

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Rise in Immigrant Construction Labor Force Continues as Native-Born Workers Remain Reluctant

Jan. 16, 2018

Research from the National Association of Home Builders (NAHB) suggests that the share of foreign-born workers in the U.S. construction labor force has been rising since the housing recovery, accounting for close to a quarter of workers.

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Challenges Lie Ahead for Construction Sector Abroad

Jan. 15, 2018

While reviews of the previous year predict stable conditions and potential growth in the international construction sector, political reform and cost adjustments will challenge some industries in their efforts to boost construction.

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Construction Input Prices Rise Year-Over-Year, Decline Month-Over-Month

Jan. 12, 2018

Construction input prices for December 2017 rose 5% from the prior year, despite a slight decline from the November 2017 pricing.

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Nonresidential Construction Employment Finishes 2017 Strong

Jan. 11, 2018

Nonresidential construction ended the year on a high note, adding nearly 12,000 jobs to the economy in December. That is about 10% of the jobs created during the month, said Associated Builders and Contractors’ analysis of data from the Bureau of Labor Statistics. The overall construction industry added 30,000 jobs in December.

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U.S. Legislation, Canadian Bank Seek to Increase Government Infrastructure Spending

Jan. 10, 2018

Much-needed infrastructure investment is taken up by the U.S. federal government and funding trends by state and local governments. In Canada, the nation’s new infrastructure bank plans to increase investments in infrastructure by appealing to private investors through the use of public funds, CTV News reported.

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