Real Estate Bust Hasn’t Dimmed Americans’ Faith in Real Estate

As reported by the Wall Street Journal Despite an extended slump in real-estate prices, most Americans still believe homes are the best investment, according to this a survey released today by the Pew Research Center. According to the results of a telephone survey conducted in March, Pew found eight-in-ten adults believed a home was the best […]

Construction Indicators Show Economy Gaining Steam

Written by Associated Builders and Contractors. Despite the loss of 1,000 jobs in March, the nation’s construction industry unemployment rate edged down to 20 percent for the month, according to the April 1 employment report by the Labor Department. Year-over-year, construction employment is down by 36,000 jobs, or 0.6 percent. Today’s rate is lower from […]

Building schools provides boost to construction firms

By November 2009, construction employment in the state was off by 5,200 jobs when compared to a year earlier. A year later, construction remained in the doldrums. But continued school building provided a welcome boost for many contractors. In Natrona County, Groathouse Construction completed the CY Middle School last summer, which sent payroll and consumer-spending […]

Spending on Construction Stays Steady

A slow recovery period is projected for the nonresidential construction industry this year, and 2011 spending levels are not anticipated to be enough to show growth over 2010 figures. While activity for institutional projects should hover near 2010 levels, there is likely to be a modest decline in commercial construction. Overall nonresidential construction spending is […]