Homebuilder confidence scores fell three points in September according to the National Association of Home Builders/Wells Fargo Housing Market Index. Members remain concerned about the industry labor shortage and increased material costs after two hurricanes.
Utility-grade solar panels now have a median price of $1 per watt and 6 cents per kilowatt-hour, according to a report from the Department of Energy. The reduced cost, which meets a goal set for 2020, is due to more competition and improvements in solar efficiency.
Ninety-five percent of commercial construction companies that responded to a survey by USG Corp. and the US Chamber of Commerce are optimistic about the industry's outlook, but only 53% expect to employ more people in the next six months. That is down from 66% in the second quarter and partially indicates problems in locating enough skilled labor.
A 7.1 earthquake shook Mexico Tuesday, and at least 44 buildings were damaged in the Mexico City. The quake has killed more than 200, and people are trying to dig survivors out of the rubble.
Environmental groups have released a 53-page report on ways to improve dam safety and flood control measures. The report was produced following the collapse of the spillway at the Oroville Dam in California.
A federal judge has ruled New York City can require car wash owners to obtain a $150,000 surety bond to offer protection in case of wage-theft judgments as long as the requirement applies equally to union and nonunion car washes. The judge previously ruled against the law because its bond requirement for unionized car washes was lower, at $30,000.
The construction industry focuses on best practices when facing the aftermath of major disasters, such as hurricanes Harvey and Irma, attorneys write. A key practice contractors should follow is to notify sureties and lenders of issues to prevent the emergence of late-notice defenses, the attorneys write.
The Atlantic Sunrise project will transport natural gas from northeastern Pennsylvania to markets throughout the East Coast, and construction is underway. Some project opponents have threatened to engage in civil disobedience to stop construction.
A topping-off ceremony was held for a medical facility in Corpus Christi, Texas. The $335 million project has used 23,000 cubic yards of concrete and is expected to be completed in 2019.
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