NEW YORK (February 22, 2017) – The value of new construction starts in January climbed 12% to a seasonally adjusted annual rate of $690.2 billion, according to Dodge Data & Analytics. After losing momentum during last year’s fourth quarter, nonresidential building strengthened in January, with much of the lift coming from the start of the $3.4 billion Central Terminal Building at LaGuardia Airport in New York NY as well as groundbreaking for several other lar
WASHINGTON (February 22, 2017) – The Architecture Billings Index (ABI) dipped slightly into negative territory in January, after a very strong showing in December. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending.
KATY, Texas – Kobelco Construction Machinery USA continues to expand representation in the North American market by adding Grove River Machinery to its growing dealer network. Grove River will represent the full line of Kobelco excavators in Southeast Georgia.
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