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Construction Economic News, Real Estate, Engineering, And Building Materials Trackers & News

Living Wall Retrofits: A Smart Planning & Code Addition Perfectly Suited For Older And New Buildings & Homes

Plymouth, United Kingdom - New research from the University of Plymouth in England has revealed that plants can actually help keep buildings warm in the winter and cool in the summer. The only thing you have to do is install or retrofit. Retrofitting cavity wall assemblies (i.e. double walls with an air gap in between) with a facade of plants
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Keystone XL Pipeline Developers Seek $15 Billion In Recovery For Revocation Of Permits

Washington, D.C. - Developers of Keystone XL Pipeline are pursuing to obtain $15 billion in recovery for the revocation of the pipeline’s building permit. President Biden has cancelled the permit for the border-crossing project after construction had already begun.             TC Energy Corp. & TC Pipelines of Calgary, Alberta opened one of
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Grab Your Popcorn!

Göttingen, Germany - Popcorn Insulation? With construction insulation as a major topic, the goal of lowering heating costs and CO2 emissions has led forest scientists to turn to environmentally friendly and sustainable insulation methods: popcorn. Researchers have developed a method for transforming granulated popcorn into insulation boards.
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Foreclosures Start, Build To Rents, Zillow & Inflation. Single family Construction Companies & Builders Need To Be Cautious

United States Of America- Foreclosures begin to mount as moratoriums end and the S&P 500 has risen last week as the third-quarter earnings season began with good results from big bank firms. Brent crude oil prices reached an all-time high of $85 per barrel on Friday, the highest since October 2018. Oil, natural gas, and coal prices have
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Mass Timber Construction Approved For Use In New York City, Basement Apartments See Changes

New York, New York - Mass Timber Advances, Basement apartments get overhaul. The New York City Council approved changes to the city's building code on Thursday, October 7, allowing for the construction of cross-laminated timber (CLT) structures throughout the five boroughs (up to 85 feet). This may not seem like a significant change in a city
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Lumber Prices Are Mirroring The Last Climb To Record Highs As Developers Have Tough Choices To Make For Construction Projects

United States Of America - Lumber prices on CME Futures board were down 4% today after being 70% higher then its August low. On Tuesday evening, US stock futures drifted lower following a lackluster session and as investors awaited key earnings and inflation data. Dow futures fell 60 points, while S&P 500 and Nasdaq 100 futures fell 0.22
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U.S. Architectural, Engineering & Construction Industry Payroll Segments: Biggest Gains In Pre-Construction as Lumber Futures Jump 15% This Week

Washington DC - The Payroll Report from the BLS was far from optimistic across the board undermining the theory if unemployment benefits were cut payrolls would rise. Although the Nation as a whole saw a report that was far less then predicted the AEC related segments show promise. Segments in the construction related indicators compiled by
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PROCORE PAID $500M For LEVELSET? What? Why? And What You Need To Consider. Lets take A look…

Carpinteria, California - (NYSE: PCOR) Like everyone else you are probably asking yourself: why would Procore pay $500M for LevelSet? Don't worry you are not alone and most likely it's not why you would think. LevelSet is a platform for managing lien notice of intents, placements and payment collection for the United States. The construction
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Port & Logistics Crisis of 2021 Coming To Fruition. Will There Be An End To The Rainbow?

California, United States of America - The Wall Street Journal reported that shipping delays have increased and cargo has piled up at California ports as Nike struggles to sell enough sneakers for the holidays, Costco has imposed limits on paper towel purchases, and prices for artificial Christmas trees have increased 25% this season. The
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