NAHB analysis of Census Construction Spending data shows that private residential construction spending rose 1.2% in October, after a dip in September. It stood at a seasonally adjusted annual pace of $884 billion. Total private residential construction spending is 0.7% higher compared to a year ago. This was the first year-over-year increase since December 2022. The total
LBM Daily Editor
The construction industry is taking a holistic approach to opioids, from injury prevention to treatment and recovery. By Vincent Salandro The data on opioids is harrowing: Opioid-related deaths increased by 15% from 1999 to 2021, and over 75% of the nearly 107,000 drug overdose deaths in 2021 involved an opioid. The numbers for the construction industry
American Forests announced a first-of-its-kind $20 million keystone agreement with the U.S. Department of Agriculture Forest Service to help the agency organize and rapidly scale climate-adapted reforestation across millions of burned and degraded acres over the next five years. Powered by the historic REPLANT Act, the comprehensive partnership will enable American Forests to aid the Forest
The wait builders have experienced for transformers has taken three years in some cases. The National Association of Home Builders said it applauds the House Energy and Commerce Committee’s support of legislation that will help ease the shortage of distribution transformers. The Protecting America’s Distribution Transformer Supply Chain Act (H.R. 4167) is expected to ensure
Highlights from Villa Rica There’s more to Builders FirstSource’s Villa Rica facility than hard-working robots. A lot more. Among its features: • Two-and three-dimensional truss models are designed and used to direct automated saws and equipment. The design system leans on MiTek structural modeling software. • Three types of fully automated saws that cut setup
In October 2023, the average price for the lumber exported from Canada slid 5% compared to the previ… Subscriber Exclusive News Choose a plan to continue reading. Already have a subscription? Sign in Subscription Benefits Data on changes in market prices New trends and opportunities in the market reviews Exclusive commentary and interviews Changes in
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