CISCA Monday Newsletter
 
Industry News
ForConstructionPros
February U.S. housing starts rose 3.0% to a 1.288-million-unit seasonally adjusted annual rate, according to data from the Census Bureau and HUD, with all of the increase coming in single-family starts. Single-family starts jumped 6.5% to an 872,000 unit annual pace. The greater-than expected increase is likely due to milder weather across much of the country in February.
 
Construction Dive
During last year’s presidential campaign, President Donald Trump ran on a variety of issues — with deregulation in order to create a more business-friendly environment as one of them. So far, the administration, helped along by a Republican-led Congress, has stayed true to its word.
 
9Wood
Naylor Association Solutions
The Economist
ECONOMIC and political cycles have a habit of being out of sync. Just ask George Bush senior, who lost the presidential election in 1992 because voters blamed him for the recent recession. Or Chancellor Gerhard Schröder, booted out by German voters in 2005 after imposing painful reforms, only to see Angela Merkel reap the rewards.
 
The Guardian
Men working in the construction industry and women employed in culture, media and sport, healthcare and primary school teaching are at the highest risk of suicide, official figures for England suggest.
 
Realtor
The housing crunch doesn’t look like it will be getting better any time soon, according to the latest report on new construction. The number of permits issued to builders to put up sorely needed homes across the country fell 6.2% from January to February, according to the seasonally adjusted numbers in the latest new residential construction report jointly released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. However, they were up 4.4% from February of 2016.
 
WESTERN RESERVE ADVISES TECTUM, INC.
Western Reserve Partners
Western Reserve served as the exclusive financial advisor to Tectum, Inc. in its sale to Armstrong World Industries. For more information regarding this transaction or to learn more about our investment banking services and experience in the building products industry, please contact: Kevin Mayer, Managing Director at 216-574-2117 or email kmayer@wesrespartners.com.
www.wesrespartners.com
Advertisement
BBC
Cambodia's construction industry is booming, and high-rises are being built across the capital of Phnom Penh. With the city's population doubling over the past four years, it has begun its transformation into a sprawling metropolis.
 
More workers quit in January than at any time since 2001, the Department of Labor reported Thursday. More quits are generally viewed as a good sign for the economy, since they suggest that workers are comfortable enough with their prospects to leave an existing position.
 
CISCA
Voting is open for the 2017 People's Choice Award! Click below to vote!
 
 

 

Advertise

We would appreciate your comments or suggestions.
Your email will be kept private and confidential.