Biden investing $100M to spur housing construction
Biden Administration Announced $100 million investment Tuesday aimed to combat barriers to affordable housing construction. The funding will be provided through the Pathways to Removing Barriers to Housing program, which provides grants to state and local governments and other entities. Greater Effort “Identifying and removing barriers to the creation and preservation of affordable housing.” The […]
LEGO-inspired space bricks pave the way for lunar construction
The dream of constructing a permanent structure on the moon has fascinated scientists and space enthusiasts for decades. The challenges of building in such a harsh environment have forced researchers to innovate and explore new possibilities. One of the most exciting developments comes from the European Space Agency (ESA), which has developed Lego-inspired 3D-printed bricks […]
Construction Spending Sinks Again in June as Homebuilding Slumps and Manufacturing Surge Fades
The construction industry’s boom years may be over as one of its key strengths, the labor market, has weakened over the past year. Construction spending fell 0.3% in June to an annualized rate of $2.5 trillion, Commerce Department data showed. Economists had expected a 0.2% increase. None of those surveyed by Econoday expected a decline. […]
Indonesia president begins working from new capital despite construction delays | Indonesia
Indonesian President Joko Widodo has opened work on the presidential palace in the country’s ambitious new administrative capital, a flagship project of his two terms in office that has been plagued by delays. The capital is set to move from traffic-choked, sinking Jakarta to the planned city of Nusantara in East Kalimantan province on Borneo […]
Construction workers union endorses Harris
The Laborers International Union of North America (LiUNA) has voted unanimously to support Vice President Harris’ presidential bid, becoming the latest labor union to endorse a potential Democratic presidential nominee. A major construction workers union endorsed Harris along with more than a half-dozen national labor groups. “Vice President Harris has been a key partner in […]
Border wall gap left open after Biden stopped construction frustrates agents: ‘It’s a beacon’
SAN DIEGO – As the crisis continues at the southern border, one of the hottest points for migrant crossings still has large gaps in the border wall that Border Patrol agents say they know illegal immigrants will stream through. Along the border near Otay Mountain, California, about 1.5 miles from the Otay Mesa port of […]
Dem Housing Civil War Comes To Head After San Francisco Forced To Allow More Construction
Pro-housing Democrats won a victory in San Francisco Friday after state authorities declared the city had not met its housing permitting goals in 2023, triggering a law some city Democrats opposed that will expedite the approval of new builds, the San Francisco Chronicle reported. The city’s sluggish approval of new projects triggered SB423, a state […]
Construction Spending Slips in May Amid High Interest Rates
U.S. construction spending took a hit in May as high interest rates prompted companies and homebuilders to pull back on projects. However, government spending increased slightly from the previous month. Department of Commerce report Spending on construction projects fell 0.1% to $2.1 trillion annually on Monday, missing Wall Street expectations of a 0.2% increase. Given […]
Factory Construction Is Booming, But Manufacturing Production May Be Shrinking
The U.S. Manufacturing Conundrum: Growth or Contraction? Is U.S. manufacturing expanding or contracting? It depends on who you ask. The most widely watched study U.S. factories saw declines in JuneThe Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index fell to 48.5% in June from 48.7% the previous month. this is ISM Index falls for […]
Construction workers more likely to commit suicide than other occupation
Construction workers are four times more likely to commit suicide than the average American and more likely to commit suicide than any other occupation, a major industry group has warned. Helmet wearers are a staggering six times more likely to die from suicide than from injuries on the job, according to leaders of the New […]