Tools
Hilti, Inc. announces the launch of its latest products and tools, as part of the company’s continuing efforts to bring safety and productivity to its customers. With a strong focus on addressing the challenges and needs of customers, this new product line includes several products for the wall and ceiling contractor. […]
Nonresidential Construction Spending Slips Modestly in May
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published July 1, national nonresidential construction spending declined 0.9 percent in May, totaling $788.5 billion on a seasonally adjusted annualized basis and a 4.4 percent increase compared to the same time last year. While total public and private nonresidential spending declined […]
Fastener Product Catalog
Triangle Fastener Corporation announces the release of two new versions of their catalogs, “Cladding” and “Interior.” Each catalog is “market-specific” and provides extensive information on a variety of available fasteners, sealants, tools, programs and technical support. They conveniently outline various brands, sizes and materials, making it easy to find the exact products […]
Builder Confidence Solid in June Amid Growing Economic Uncertainty
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index released June 17. Sentiment levels have held at a solid range in the low- to mid-60s for the past five months. “While demand […]
Step-Ups
Nu-Wave Manufacturing has released the newest additions to its line of Step-Ups. The SU-4 and SU-5 have been supersized. Both the SU-4XW and SU-5XW Step-Ups are designed using only superior materials for structural soundness providing top-notch quality. These products also offer the same great features as others in Nu-Wave’s Step-Up product line. In conjunction, […]
Construction Job Growth Steady in June
The construction industry added 21,000 net new jobs in June, according to an Associated Builders and Contractors analysis of data released July 5 by the U.S. Bureau of Labor Statistics. On a year-over-year basis, employment in the industry has expanded by 224,000 jobs, representing an increase of 3.1 percent. Nonresidential construction employment gained 14,900 […]
The Recession Wiped Out Only the Amateurs
Tim Titsworth likes to build relationships with architects. On most jobs, the president of Concord Drywall, Inc. in California, sets up a walk-through that he calls “an architect’s observation.” During the walk, Titsworth will ask the architect if he can use certain details elsewhere on the project. Having studied the plans thoroughly […]
Dodge Momentum Index Increases in June
The Dodge Momentum Index moved 4.0 percent higher in June to 146.1 (2000=100) from the revised May reading of 140.5. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for […]
Construction Input Prices Plummet in June
Construction input prices decreased 1.3 percent on both a monthly and yearly basis in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released July 12. This is the first time in nearly three years that input prices have fallen on a year-over-year basis. […]