Do we really believe that the level of construction output was lower in January than in December?
Basically, this would be like a developer who is building homes along a fault line and only tests the durability of the construction up to a level 4.0 (light) earthquake when there is a decent probability that an 8.0 (major) may hit.
The most disappointing reports were that the inventory of unsold homes jumped 9.2% in February and is back to its level of last September, even though new home construction fell 5.9% in February, now at a level of activity not seen since 1963.
Private construction spending is at its highest level in more than two years.
"It's important to note cities, counties and municipalities still have the ability to express their opposition to processing facilities by blocking their construction and operation at the local level, " the governor said.
There was some relief for the embattled construction sector, which saw its unemployment level fall 4.4%.
In addition, the New York Times reported that construction spending is sitting at its highest level in 20 months.
While the private sector assumes responsibility for capital costs and the risks involved such as cost and time overruns in construction or failure to deliver an agreed level of service, the local authority in return commits to regular payments.
BBC: NEWS | UK | Scotland | Union steps up fight against PPP
The last time a lower level was seen in new home construction was in April 2009, as all markets bottomed.
Dodge's house is an early-1980s split-level ranch, with a large construction waste bin full of refuse in the front yard and a shutter hanging askew next to the window above the garage.
Located in one of the driest regions on earth at an altitude at which the atmosphere is 50 percent thinner than at sea level, ALMA is the highest construction project in the world and arguably the most challenging.
This is the sixth consecutive monthly decline for construction spending, which is now at the lowest level in more than a decade.
Mr. Deripaska's group said it had acquired 10% of Hochtief last spring, when the construction company was trading at about three times its level today.
In preparation for the meeting, construction workers built an elevated floor to make a level surface and covered the windows so no one could get a glimpse of the meeting.
Construction of single-family homes fell by 5.5 percent to an annual rate of 829, 000 units, the lowest level since April 1991, while multifamily construction was up 4.4 percent to an annual rate of 332, 000 units.
Also Tuesday, Euro zone construction output fell sharply in January, to its lowest level since 1997.
U.S. builders started construction on 1 million homes last month, the highest level since June 2008, the Commerce Department reported Tuesday.
At a meeting chaired by Russian President Putin, Prime Minister Mikhail Fradkov and high-level railroad officials in early April, the construction of a railroad stretching from the banks of Russia's Lena River to the Bering Strait was discussed at length, adding further evidence that Moscow sees the BST project as not only feasible, but inevitable.
Without the level, we couldn't engage in precision construction, build things like high-rises or accurately map our world.
Housing construction fell in November and single-family activity dropped to the lowest level in more than 16 years.
You create construction jobs - and jobs for young people because these are entry-level jobs - and you build confidence.
Home building slipped in July, missing expectations, but new permits rose to their highest level in four years, a possible sign of confidence for construction going forward.
For example, construction spending came down 1.4% in February to the lowest spending level in eleven years.
The Commerce Department reported that construction of new homes jumped by more than economists had expected to the highest level since the financial crisis.
The building blocks of a modern economy--bridges, roads, power lines--are at about the level of South Korea a quarter century ago, according to the Construction and Economic Research Institute of South Korea.
While employment in construction is plunging, export-related manufacturing and mining employment is at its highest level in a decade.
Observers are divided as to the best way of expanding hydropower, with some urging the construction of major new dams on grounds of efficiency while others promote smaller, community-level installations for social and environmental reasons.
Construction on new homes in the U.S. slowed to its second-lowest level on record Tuesday, reflecting the continued pain that the housing market is feeling with low home prices and high inventories making new home sales suffer.
Its core business remains homebuilding, which deals with the construction and sale of homes that include single-family attached and detached homes and multi-level residential buildings.
The argument that providing grants to clean energy projects already under construction when the stimulus program began is some kind of boondoggle misses the point at both the level of an individual project, and the clean energy sector as a whole.
FORBES: Critics of Clean Energy Stimulus Program Miss The Point
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