Tag: construction

Industries, Others

Inflation forces homebuilders to take it slow, raise prices

September 20, 2021

Via: ABC News

Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs and shortages of building materials and labor are rippling across the […]


A luxury high-rise in San Francisco is sinking even deeper, pausing a $100 million engineering plan to fix it

August 27, 2021

Via: Markets Insider

Since its opening in 2009, the $350 million Millennium Tower in San Francisco has sunk 17 inches and tilted another 14 inches to the northwest. Following years of legal battles, the developers launched a $100 million engineering plan to fix […]

Finance Tech, Mobile Banking & Payments

Construction Cash Flow Health Is Built On Payments Predictability – Not Speed

July 20, 2021


B2B payment delays can crush a small business in any industry. Often considered a cash flow problem of larger corporates waiting longer to pay their small suppliers in an effort to protect their own financial positions, delayed B2B payments create […]

Industries, Others

US home construction up 1.9% in September to 1.4 million

October 20, 2020

Via: ABC News

WASHINGTON — U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy. The increase last month pushed home construction to a […]

Industries, Others

U.S. construction spending jumps to eight-year high

March 1, 2016

Via: Business Insider

U.S. construction spending surged in January to the highest level since 2007, in the latest indication that the economy was regaining momentum after slowing in the fourth quarter. Construction spending increased 1.5 percent to $1.14 trillion, the highest level since […]