Tag: construction

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

Business
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

Stocks
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

Housing Starts & Building Permits Drop in August

Realestate
The U.S. government is reporting that privately‐owned housing starts in August, 2025 were at a seasonally adjusted annual rate of 1,307,000, which is...

U.S. Construction Spending Dips Slightly

Realestate
The U.S. government is reporting that total construction spending in July, 2025 was at a seasonally adjusted annual rate of $2,139.1 billion, down...

The Growing Divergence in Major Home Foundation Types

Realestate
According to recent NAHB analysis of the U.S. Census Bureau’s Survey of Construction , 73% of all new single-family homes started in 2024...

U.S. Construction Spending Down Slightly in June

Realestate
The U.S. government is reporting that total construction spending in June, 2025 was at a seasonally adjusted annual rate of $2,136.2 billion, down...

Multifamily Construction Reaches 38-year High in 2024

Realestate
According to recent Census data analyzed by the NAHB’s Eye on Housing, in 2024 completed multifamily units recorded their highest level since 1986...

Housing Starts Jump in June

Realestate
The U.S. government is reporting that privately‐owned housing starts in June, 2025 were at a seasonally adjusted annual rate of 1,321,000, which is...

U.S. Construction Spending Dips in May

Realestate
The U.S. government is reporting that total construction spending in May, 2025 was at a seasonally adjusted annual rate of $2,138.2 billion, down...

Housing Starts & Building Permits Drop in May

Realestate
The U.S. government is reporting that privately‐owned housing starts in May, 2025 were at a seasonally adjusted annual rate of 1,256,000, which is...

Home Builder Sentiment at 3rd Lowest Reading Since 2012

Realestate
According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built...

Local Market Monitor’s National Economic Outlook for June ’25

Realestate
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking...

Pharma manufacturing ‘boom’ faces high costs, potential delays

Market
With more than $270 billion in commitments to date, a new wave of pharmaceutical manufacturing is slated to hit the...

U.S. Construction Spending Dips Slightly

Realestate
The U.S. government is reporting that total construction spending in April, 2025 was at a seasonally adjusted annual rate of $2,152.4 billion, down...
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