HANOVER, Md., April 1, 2020 One of the largest and most influential construction unions in the country is calling on Congress to subsidize COBRA health plans for 11 million US construction workers who may lose their jobs as the COVID-19 virus spreads and wipes out the 6th largest employment sector in America. "The construction industry is the backbone of the US economy.
Outlays for construction projects fell 1.3% in February at a seasonally adjusted annual rate of $1.37 trillion, the Commerce Department reported Wednesday. Economists polled by MarketWatch had expected a 0.7% gain. Spending in January was revised to a 2.8% rise from the prior estimate of a 1.8% increase.
Paramount Gold Nevada Corp. (PZG) reports that it has taken measures over the past several weeks in response to the impact of COVID-19 to ensure the health and safety of its employees and independent contractors.
MARTINSBURG, W.Va., March 31, 2020 Express Modular, a disruptive, technology-driven, custom modular home provider, is changing its name to better reflect its identity driven by rapid expansion. Modern modular construction is emerging as the preferred solution for custom home buyers. The new name follows strategic and explosive growth.
LAS VEGAS, March 30, 2020 Governor Steve Sisolak asked the Southwest Regional Council of Carpenters to assemble Nevada construction industry leaders to reinforce expectations for a standard of safety protocols and best practices throughout the construction industry in Nevada during the COVID-19 pandemic. essential to our society. In this case of the COVID-19 virus, we must be prepared to buil...
The hand tools market is expected to grow by USD 2.62 billion during 2020-2024 according to the latest market research report by Technavio. This press release features multimedia. The rapidly growing construction market is one of the key drivers anticipated to boost the hand tools market during the forecast period.
HUDSON VALLEY, N.Y., March 27, 2020 The construction industry is taking essential safety measures to protect workers and the public from the spread of the coronavirus.
Two exchange-traded funds that track homebuilder stocks are outperforming broader benchmarks as Wall Street analysts say the macro outlook for new residential construction remains strong and the recent sell-off overdone. Home Construction fund is up 23% this week, while the SPDR S&P Homebuilders ETF (XHB) has gained 22.6%, both dwarfing the 12.6% gain in the S&P 500 in that time. On Tuesday, Keybanc analysts upgraded shares of KB Home (KBH), calling the risks "tilting to favorable."
Green Builder Media offers this free special report to help companies related to the housing industry develop corporate strategies. . Download for free: Coronavirus and the Homebuilding Industry. It includes: . Download the report here.
NEW YORK and LOS ANGELES and CHICAGO, March 25, 2020 Reich Brothers is pleased to announce that it has entered into a long term lease with Amazon for its 129,850 square foot facility in Salem, OR. The Class-A facility was originally constructed by Panasonic in 2009 and is located on a 19+ acre site at 5475 Gaffin Road SE. The building features clear ceiling heights to 38 feet, heavy power, and ...
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