Page 41 - Ken Simonson News Today

NH Business Review Business is booming for New Hampshire contractors Last year some homeowners were wary of having strangers in the homes; this year, they’re eager to have renovation work done March 7, 2021 Contractors, like most other businesses, were hit hard when the Covid-19 pandemic first hit last March. The majority of clients who had committed to projects opted to back out due to uncertainty about having someone else in their house. But unlike many other professions – most anything i...

Dive Brief: Construction employment declined by 61,000 in February, while the sector’s unemployment rate soared to 9.6% amid severe winter weather and continuing weakness in new nonresidential projects, according to an analysis by the Associated General Contractors of America of government data released Friday.  The job loss was concentrated in nonresidential construction, with a decline of 60,800 jobs in February, following a dip of 400 jobs in January. The February 2021 total was 316,000 ...

KHL Group Log In We have recently updated our website and if this your first time logging in this year you will need to set a new password. Please click here to begin. Using e-mail Log In We have recently updated our website and if this your first time logging in this year you will need to set a new password. Please click here to begin. Using e-mail By Steve Ducker05 March 2021 The US Nationa...

Builders are starting to see a sharp increase in the cost of construction materials. But, why? Author: Heather Hope (Reporter) Updated: 6:44 PM PST March 2, 2021 SAN DIEGO — Home improvement projects increased significantly last year with people looking for a place to spend their money during the coronavirus lockdowns. Now with the vaccine available and as the economy begins to slowly reopen, builders are starting to see a sharp increase in the cost of construc...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Lumber prices have hit $1,000 per thousand board feet, an all-time high, according to data from Random Lengths.

Share it Late last year, Mike Taylor was paying around $750 per short ton for the rebar he uses in his concrete pours. Now, that price has spiked closer to $900, a 20% increase in a little over a month. "That could mean an extra $200,000 on a concrete job,” said Taylor, CEO of Pompano Beach, Florida-based Current Builders, a general contractor that focuses on commercial and multifamily structures. “We’re seeing a lot of upwards pressure.” Mike Taylor   At Grand Rapids, Michigan-based R...

High materials prices and some uncertainty on fundamentals cloud the picture for multifamily development in the near term.

The Construction Monthly Metals Index (MMI) picked up by 4.4% this month, as December construction spending rose and the Biden infrastructure plan could serve as a major support beam for metals prices. Biden’s infrastructure plans Despite the typically bipartisan support — at least in word — infrastructure spending typically garners, a major infrastructure bill never came to pass during the Trump administration. The House passed a $1.5 trillion infrastructure bill in July 2020. However, ...

SHARE February 5, 2021 Contractors are laying off workers once they complete projects that began prior to the pandemic, according to the Associated General Contractors of America (AGC), because private owners and public agencies are hesitant to commit to new construction. “A dearth of new construction work is forcing more and more contractors to lay off employees once they complete projects started before the pandemic hit in early 2020,” said Ken Simonson, t...