Archive for the ‘Construction’ Category

In my professional work I speak with architects and engineers daily.  The topic of sustainable design and LEED seems to be noticeable when discussing projects with civic clients, but many commercial developers and owners are not presently interested in the application process of LEED certification, or the additional initial costs related to sustainable design. It [...]

(Reuters) – U.S. manufacturing grew in February at its fastest rate in nearly seven years as companies’ willingness to hire improved at the strongest pace in decades. WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in January, the latest evidence that the housing market continues to struggle. The National Association of Realtors said [...]

Production Prices on the Rise

Posted: March 2, 2011 by genebenhart in Construction
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Production Prices on the Rise Although there is a buzz about there needing to be more products produced in the United States to stimulate the economy, this task is neither cheap nor easy at any step of the way.  The U.S. Bureau of Labor Statistics has announced that it has become a little bit more [...]

Wall Street Journal (WSJ) business indicators for new commercial construction are inching upward. ENR reports gains in most sectors. Choppy seas ahead but overall a much brighter Spring 2011 than the past couple years. Health Care, Mixed-Use, Industrial architecture sectors are all active. A&E clients are responding to much higher levels of RFP’s. In some [...]

From the Desk of Gene Benhart

Posted: February 23, 2011 by genebenhart in Construction
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Lending Revives Stalled Projects An influx of fresh capital into U.S. commercial real estate is bringing some long-stalled development projects back to life and launching new construction of apartments, office buildings and shopping centers. The moves show that the industry, in a deep slump just a year ago, has entered recovery mode—at least in the [...]

All about Gene’s world…

Posted: February 18, 2011 by genebenhart in Construction
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Housing Starts Rate Rises in January BIG JUMP: The Federal Reserve Bank of Philadelphia said its index of manufacturing in the mid-Atlantic region nearly doubled between January and February, helping to push the broad stock market higher. Japan’s biggest steelmaker Nippon Steel and third-ranked rival Sumitomo Metal Industries on Thursday said they would work towards [...]

Manufacturing activity expanded for a 17th month in a row in December, rising to the highest level in seven months. Strong global demand has also helped boost the manufacturing activity. Service industries in the U.S. expanded in January at the fastest pace since August 2005, indicating the economic recovery is broadening. Pending Home Sales Rise [...]

Looking Better in 2011

Posted: February 14, 2011 by genebenhart in Construction, Industry News and Commentary
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The manufacturing sector, which was one of the hardest hit during the recession, has been a relative bright spot in the recovery. President Obama announced the Better Buildings Initiative, a new program designed to make commercial buildings 20 percent more energy efficient over the next decade.  The President also stressed his continued commitment to passing [...]