The American Institute of Architects (AIA) reported Wednesday that the Architecture Billings Index (ABI) score in February was 54.9, up slightly from a mark of 54.2 in January. This score reflects a strong increase in demand for design ...
The US Census Bureau and the Department of Housing and Urban Development jointly announced Tuesday that privately-owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 946,000. This is ...
Tags: construction activity, Department, Housing
Fort Wayne, Indiana-based Steel Dynamics, Inc. said Monday that it anticipates Q1 2013 earnings to be in the range of $0.17 to $0.21 per diluted share, and excluding a Q4 2012 favorable tax adjustment of $0.07 per diluted share, the Q1 ...
Tags: Steel Dynamics, Earnings, Mineral
Through 2017, a rebound in construction activity, combined with continuing consumer interest in environmentally friendly products, will propel US growth in green building materials demand 11 percent annually to $86.6 billion. US ...
Tags: LEED system, Building Materials Market, solar power products
Building products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. According to an AAP report, CSR will close its glass manufacturing facility at Ingleburn, ...
CSR Limited (CSR) announced today a restructure of Viridian’s glass operations and provided a trading update for the year ending 31 March 2013. Restructure of Viridian CSR’s review of Viridian has concluded that, during the ...
Tags: CSR Limited, Viridian, glass operations, 2013
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
BUILDING products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. CSR will close its glass manufacturing facility at Ingleburn, in Sydney's south west, in ...
Tags: CSR, glass business, jobs
According to statistics released by the Korea Iron & Steel Association (Kosa), the country’s production of H beam totaled 247,000 tons in January, falling by 15% year on year. The drop in H-beam production was caused by the factor ...
Tags: Korea, H Beam, Production
A biiger-than-expected trade deficit for January hurt the Australian dollar in the Asia session but overall trading was subdued. Australia posted a seasonally adjusted trade gap of $1.06 billion in January, compared with $688 million in ...
Through 2017, a rebound in construction activity will propel growth in green building materials demand 11 percent annually to $86.6 billion. In addition to the lift supplied by general construction activity, continuing consumer interest in ...
NEMA’s Lighting Systems Index increased in the fourth quarter of 2012 after a decline in the third quarter, growing 1.9 percent on a quarter-to-quarter basis and by 3.3 percent on a year-over-year basis. Lighting equipment demand has ...
The global economy seems to be turning the corner and now heading upwards, with developing economies clearly in the front seat, as stated by Kim Marti Subirana of Celsa Group at the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting ...
Tags: Raw material, Steel Prices, Steel
As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index (ABI) is reflecting its strongest growth since November 2007. As a leading economic indicator of construction activity, the ABI ...
Tags: construction industry, Architecture Billings Index, Architecture