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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-feet. Prices surpassed the record set in September and were more than double from a year ago, said Ken ...

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 markets took a dip in 2020 — mainly in Q2 and Q3 — as COVID-related shutdowns and quarantines t...

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…