Tag: construction

Infosys, Wipro and other IT stocks fall up to 3% after TCS Q1 earnings disappoint on revenue quality

Stocks
Shares of Indian IT majors slumped up to 3% on Friday, with Tata Consultancy Services (TCS), Infosys, and Wipro leading sectoral losses after TCS’s first-quarter earnings showed sluggish growth and failed to reassure markets amid...

Asian markets mixed; Wall Street hits record high; Hong Kong’s Hang Seng jumps 1.6%

Business
( Representative AI image) Asian markets were mixed on Friday as investors stayed cautious despite Wall Street hitting record highs.Chinese markets led regional gains, with the Hang Seng Index in Hong Kong surging 1.6%...

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...

Who Actually Owns the Various Power Tool Brands?

Realestate
Today’s graphic from Pro Tool Reviews lays bare the answer about which companies own which tool brands. They say that if you’ve ever...

Housing Starts Up and Building Permits Slip in April

Realestate
The U.S. government is reporting that privately‐owned housing starts in April, 2025 were at a seasonally adjusted annual rate of 1,361,000, which is...

U.S. Construction Spending Up 2.8% Year over Year

Realestate
The U.S. government is reporting that total construction spending in March, 2025 was at a seasonally adjusted annual rate of $2,196.1 billion, down...

Pioneering the future with Electrification, Decarbonisation, and Digital Transformation

Market
BAUMA 2025 is expected to have drawn over 600,000 visitors from over 200 countries. The event featured more...

Housing Starts Drop 11.4% in March

Realestate
The U.S. government is reporting that privately‐owned housing starts in March, 2025 were at a seasonally adjusted annual rate of 1,324,000, which is...

U.S. Construction Spending Up Slightly in February

Realestate
The U.S. government is reporting that total construction spending in February, 2025 was at a seasonally adjusted annual rate of $2,195.8 billion, up...

Housing Starts Jump 11% in February

Realestate
The U.S. government is reporting that privately‐owned housing starts in February, 2025 were at a seasonally adjusted annual rate of 1,501,000, which is...

U.S. Construction Spending Down Slightly in January

Realestate
The U.S. government is reporting that total construction spending in January, 2025 was at a seasonally adjusted annual rate of $2,192.5 billion, down...
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