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Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

It's not just lumber prices that are skyrocketing and homebuilders who are taking the hit (and passing it along to homebuyers): Costs are soaring for commercial construction as well, hitting general contractors. This is how inflation starts. Lumber gets the most attention because it literally hits home, at least for those in the market for a new house. Trade publication Random Lengths reported this week that its framing-lumber composite price hit an all-time high of $963 per 1,000 board-fee...

The market won't come back completely this year, but a nascent recovery is under way.

Print AKRON — Of the three OTR tire markets, construction took the biggest hit during the pandemic last year, but the industry seems to be recovering this year. "Overall, there was a decrease in construction-related activity due to the COVID-19 pandemic, which affected the OE and replacement tire market in 2020. However, all signs point to a better year in 2021, which is great news," said Paul Hawkins, senior vice president, aftermarket sales, North America, for Titan International Inc. "The...

Last year at this time, we wrote that many experts in the tire industry were expecting the off-the-road (OTR) tire market to remain flat.In fact, we said it is "reasonable to believe that tire dealers will find the OTR market as rugged as the terrain the tires tend to navigate."Flat would have been…

Dodge Data & Analytics The Dodge Momentum Index – a monthly measure of the first (or initial) report for nonresidential building projects in planning issued by Dodge Data & Analytics – has been on a roller coaster ride since its steep tumble at the start of the COVID-19 pandemic in early 2020, albeit trending steadily back upward throughout the year. Now, after jumping 9.2% in 2020s final month, it is starting 2021 on a positive note, with a 3.1% increase, rising to 139.4 (2000=100) f...

Total building starts were down 27% in December, but residential was up 2%.

Housing starts kept Dallas-Fort Worth as one of nation’s top building markets in 2020 North Texas was second only to New York with almost $24 billion in new construction. Residential building starts rose 11% in the D-FW area in 2020.(Vernon Bryant / Staff Photographer) A surge in residential building kept North Texas near the top of the list of the country’s biggest construction markets in 2020. The Dallas-Fort Worth area saw a total $23.7 billion in construction starts last year – both r...

2021 will be an unpredictable year for the construction industry with some segments outperforming others. January 26, 2021 Nothing about 2020 fell within the realm of business as usual. It seems like there were surprises around every corner and the best prepared business plans were quickly laid to waste as contingency plans were hastily put in place to deal with one crisis after another. While the uncertainty of the 2020 election cycle is finally settled, and there are a couple of vaccines appr...

COVID-19 took a toll on Dallas-Fort Worth’s construction starts in 2020 But North Texas still ranked fourth nationally for commercial and apartment building. More than half of U.S. construction firms say they expect it will take six months or longer for the industry to recover.(Vernon Bryant / Staff Photographer) D-FW landed in fourth place, even with a 20% decline in starts from 2019 totals. North Texas trailed New York City, Washington, D.C. and Los Angeles in the annual construction survey...