Single-Family Starts Weak, Especially in the West

The pace of single-family starts declined for the third consecutive month as housing affordability concerns continue to weigh on the home construction market.  Total starts posted a 3.2% increase due to gains for multifamily development. Total single-family and apartment construction starts are up 5.1% on a year-to-date basis, according to the joint data release from the Census Bureau and HUD.... Read More ›

Builder Confidence Drops Four Points Amid Concerns Over Housing Affordability

Builder confidence in the market for newly-built single-family homes fell four points to 56 in December on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as concerns over housing affordability persist. Although this is the lowest HMI reading since May 2015, builder sentiment remains in positive territory. Builders report that consumer demand exists, but customers are hesitating... Read More ›

Luis Ayala Select GlobalSim to Provide Full Mission Crane Simulator

Salt Lake City, UT – GlobalSim, Inc. is pleased to announce that it has finalized a contract with Luis Ayala in Puerto Rico to provide a Full Mission Simulator. SANDY, UT, UNITED STATES, December 10, 2018 /⁨EINPresswire.com⁩/ -- Salt Lake City, UT …

Uptick for Construction Job Openings in October

The count of unfilled jobs in the construction sector increased in October, although the total remained lower than the August estimate, which marked a post-recession high. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs expanded to 292,000 in October. The open position rate (job openings as a... Read More ›

Adolfson & Peterson Construction Celebrates Apache Corporation…

… recently completed construction of the … ; Peterson Construction Adolfson & Peterson Construction (AP … construction managers and general contractors in the nation. Headquartered in Minneapolis, Minnesota … 47;adolfson_peterson_construction_celebrates_apache_ …

Continued Residential Construction Loan Growth

The volume of residential construction loans increased by 2.8% during the third quarter of 2018, marking 22 consecutive quarters of growth. Furthermore, recent stabilization of year-over-year growth rates is an indicator of continued, modest growth for single-family construction. Tight availability of acquisition, development and construction (AD&C) loans has been a limiting or cost factor for home building growth, but easing credit conditions and a growing loan base have... Read More ›

Letter to the editor: Investing in the future

But we won't have to wait for this investment to start paying off. In fact, we will start to see the benefits once the first shovel breaks ground. In order to build the quality facilities for state-of-the-art education, we need to attract "high …

Adolfson & Peterson Construction Selected to Build New Baylor Scott & White Sports and Orthopedic Center

… & Peterson Construction Selected to Build … & Peterson Construction (AP) was … amp; Peterson Construction Adolfson & Peterson Construction (AP) … construction managers and general contractors in the nation. Headquartered in Minneapolis, Minnesota