The Architecture’s Billing Index (ABI) hit 51.7 in March (all scores above 50 indicate an increase in billings). The ABI has been climbing since January and is an early sign of increased construction activity.
The demand for commodities (such as oil and iron ore) has decreased and China’s property market has slowed. This article explains how these market shifts have influenced Caterpillar’s monthly sales report (their sales are down yet again).
In any given construction litigation, there are battles fought against several fronts – subcontractors, owners, insurers etc. This article addresses this challenge and explains why it is crucial to have experienced construction counsel on your side.
S&P/Case-Shiller released a home price index report that suggests that home prices have increased more than analysts had expected.
This article explains what the most recent chart of the iShares US Home Construction ETF (ITB) means for homebuilding in the U.S.