Construction


Construction Spending Rose 0.4 Percent in May

Spending on U.S. construction projects edged up 0.4 percent in May, while April’s figure was revised down significantly — signs that new building is still uneven despite a growing economy.…

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CBS: Sales of New Homes Fall Sharply

Sales of new homes fell 19.2 percent between May 2017 and April 2018, compared to sales during the 12 previous months, the Central Bureau of Statistics said. A total of…

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100-Story Skyscraper Approved for Tel Aviv

Tel Aviv will soon be the home of a true world-class skyscraper – a 100-story tower that will be built in downtown Tel Aviv, near the municipal border with Ramat…

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Builder Optimism Bounces in May After 4-Month Slide

U.S. homebuilders are feeling more confident about their sales prospects, reflecting strong demand for newly built homes, with existing homes in short supply. The National Association of Home Builders/Wells Fargo…

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U.S. Housing Starts Increase, Single-Family Segment Weak

U.S. homebuilding increased more than expected in March amid a rebound in the construction of multifamily housing units, but weakness in the single-family segment suggested the housing market was slowing.…

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Robots Break New Ground in Construction Industry

As a teenager working for his dad’s construction business, Noah Ready-Campbell dreamed that robots could take over the dirty, tedious parts of his job, such as digging and leveling soil…

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Report Says NY Construction Fatalities Going Up

Construction deaths in New York state hit a 14-year high in 2016, according to a new report issued Wednesday that recommends greater state and local enforcement of workplace safety rules.…

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