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For the eighth year in a row, the nonresidential construction industry is poised for annual growth—at least, that’s the conclusion reached by the 2019 Wells Fargo Construction Industry Forecast.

The Forecast, which seeks out the opinions of selected contractors, equipment rental companies, and equipment manufacturers, d...

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Posted By Heather Morales

Michigan builders are cautiously optimistic about prospects for new home construction in 2015.  The Home Builders Association of Michigan expects an 8 percent increase in building permits this year, a sign that the housing industry continues to show renewed signs of strength.

Housing construction fell sharply during the...

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Posted By Nick Caputo

The Commerce Department released some promising information for the housing industry in Washington yesterday.  Data from the month of December shows that new home purchases jumped to their highest level in 6 years.  Sales increased 11.6 % pushing the annualized pace to 481,000, beating estimates of all Bloomberg analys...

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Posted By Nick Captuo

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