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Real Estate Survey Predicts Office Market Will Remain in Decline

All sectors are down except warehouses supporting online shopping

Nadine Post

July 7, 2020

A recent survey by RCLCO reveals a real estate market in terrible shape, thanks to COVID-19, with one bright spot being an uptick in demand for industrial warehouse space.

DeadBird

House Passes Bill To Retrofit Federal Buildings To Reduce Bird Collisions

Nadine Post

July 6, 2020

Conservationists are hailing the passage last week by the U.S. House of Representatives of the Bird-Safe Buildings Act.

Coronavirus and Construction

Trump Signs Bill Extending Paycheck Protection Loan Deadline to Aug. 8

Tom Ichniowski

July 4, 2020

About $138.4 billion in loan funding for COVID-19 impacts was still available at business close on June 30, said the US Small Business Administration.

Construction Spending Fell in May, U.S. Commerce Dept. Reports

Alisa Zevin

July 2, 2020

Private work is down, while public construction rates increase.

Construction unemployment in 2020

Construction Workforce

Construction Employment Picture Brightens in June

Industry adds 158,000 jobs, unemployment rate declines

Tom Ichniowski

July 2, 2020

The latest numbers don't reflect June coronavirus surges in some states.

Coronavirus and Construction

Senate, House Approve Extension for Paycheck Protection Program Loans

Tom Ichniowski

July 1, 2020

Measure, which would allow loan applications through Aug. 8, awaits Trump's signature.

Highway

The Nation's Infrastructure

Democrats Push $1.5T Infrastructure Bill Through House But Face GOP Wall in Senate

Tom Ichniowski

July 1, 2020

House package has $494 billion for highways, transit and rail but also funds water, airports, energy and other sectors.

ENR 2Q Report Labor

2020 2Q Cost Report: Two-Thirds of Firms Held Steady on Salary Increases

July 1, 2020

Nearly one-third of companies plan to freeze or postpone raises in 2020.

2020 2Q Cost Report: UK Hit Hardest by Virus in Europe

Peter Reina

July 1, 2020

Construction costs in Euro countries follow different trajectories as COVID-19 hits with varying intensity across the region.

2Q Cost Report Economics

2020 2Q Cost Report: Construction Starts Drop as Global Pandemic Continues

Alisa Zevin

July 1, 2020

While construction plummeted in the first five months, material prices have begun to stabilize

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