construction


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Katerra CEO Paal Kibsgaard (Getty)

Construction startup Katerra lays off 400+ employees

SoftBank-backed construction startup Katerra has laid off more than 400 employees, one month after new CEO Paal Kibsgaard stepped...

Construction startup Katerra lays off 400+ employees
The rate of job loss in America has stabilized, even though businesses continue to hemorrhage employees at unprecedented levels. (iStock)

Unemployment filings stabilize — but at record highs

Another 1.5 million Americans filed for unemployment benefits last week, about one-third fewer than the week prior. The number...

Unemployment filings stabilize — but at record highs
Housing starts are still low, but jump in permits suggest builders are planning

Housing starts are still low, but jump in permits suggest builders are planning

The latest federal numbers show that homebuilders are planning more construction than expected, but actual construction is lagging. The...

Housing starts are still low, but jump in permits suggest builders are planning
(iStock)

Real estate stocks rally on strong May jobs report

Stock markets rallied on Friday following much stronger job gains in May than were expected, with many real estate...

Real estate stocks rally on strong May jobs report
The construction, retail and restaurant sectors led May’s surprising jobs rebound, while the hotel industry continued to suffer. (Getty, iStock)

Construction, retail, restaurants lead May jobs rebound

The U.S. added 2.5 million jobs in May, a surprising bounceback after a March and April that saw 22.1...

Construction, retail, restaurants lead May jobs rebound
A mass timber project in Cleveland is now under construction and could be the nation’s tallest when completed. Harbor Bay Real Estate Advisors’ Intro development will rise nine stories with 298 residential units (Credit: Harbor Bay Real Estate Advisors)

Mass timber project in Cleveland could be nation’s tallest

What will be the country’s tallest wood building is headed skyward in Cleveland. Harbor Bay Real Estate Advisors is...

Mass timber project in Cleveland could be nation’s tallest
Associated Builders and Contractors' chief economist Anirban Basu (Credit: Background by Spencer Platt/Getty Images)

Contractors predict a “quite horrible” 18 months for construction industry

Although contractors have slowly started returning to construction projects across the country, many predict that the industry will see...

Contractors predict a “quite horrible” 18 months for construction industry
Construction is still on at the LA County art museum

Los Angeles construction projects continue amid CA confusion

This spring is when the Los Angeles County Museum of Art was to begin its radical renovation, seven years...

Los Angeles construction projects continue amid CA confusion
Coronavirus-related supply chain delays threaten developers and builders

Coronavirus-related supply chain delays threaten developers and builders

The coronavirus pandemic is taking its toll not only on landlords and tenants, but also on developers and the...

Coronavirus-related supply chain delays threaten developers and builders
Construction in Los Angeles (Credit: Sam Lafoca/Construction Photography/Avalon/Getty Images)

Construction work hasn’t stopped in LA

Construction work has ground to a halt in San Francisco, Boston, and elsewhere, but the hard hats are still...

Construction work hasn’t stopped in LA
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