Green Building Outlook Strong

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The U.S. green building market continues to accelerate, according to McGraw-Hill Construction’s 2013 Dodge Construction Green Outlook report. The value of green building has seen growth from $10 billion in 2005 to $78 billion in 2011. In 2012, the total market — non-residential and residential — is expected to be worth $85 billion, and by 2013, overall new green building is projected to rise to between $98 billion and $106 billion. By 2016, this number is expected to reach ...

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Web Gateway for Green Building

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The U.S. Green Building Council has announced the launch of the Green Building Information Gateway. Coined GBIG, the web-based tool will accelerate market transformation by providing greater transparency and understanding of the green dimensions of the built environment.

GBIG provides a transparent view of places, projects, collections and credits, detailing the actions and activities of LEED building owners and project teams over time. The tool provides maps, analytics and insights that reveal trends, patterns and processes in green building practice.

GBIG is ...

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Unlimited Design

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Houzz.com is a everlasting well of design ideas. Houzz is the leading online platform for home design, providing people with everything they need to improve their homes from start to finish. From decorating a room to building a custom home, Houzz connects millions of homeowners, home design enthusiasts and home improvement professionals across the country and around the world. With the largest residential design database in the world and a vibrant community powered by social tools, Houzz is ...

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Rebuilding After Sandy

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Hiring in the construction industry will get a boost from the rebuilding that will follow Superstorm Sandy, according to a report in The Buffalo News. Those jobs, in turn, could raise economic growth, analysts say.

The modest lift to the economy is expected to come in the first months of 2013. Construction firms, contractors and local governments will hire to rebuild or renovate homes, buildings, roads and bridges that were damaged or destroyed.

“This is going to be ...

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Housing Starts At Four-Year High

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Housing starts in the U.S. surged 15 percent in September to the highest level in four years, adding to signs of a revival in the industry at the heart of the financial crisis.

Bloomberg news reports that beginning home construction jumped last month to an 872,000 annual rate, the fastest since July 2008 and exceeding all forecasts in a Bloomberg survey of economists. An increase in building permits may mean the gains will be sustained.

A pickup in ...

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Sources of Small Business Financing in the Construction Sector

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According to recently-published data from the Census Bureau, businesses in the construction sector depend on multiple sources of capital for financing start ups and expansion plans, especially sources that are closely connected to the owner’s (or owners’) assets. Furthermore, the data show that construction sector business owners tend to work long hours in order to keep their enterprises successful.

The data come from the Census Bureau’s 2007 Survey of Business Owners Public Use Microdata Sample. While slightly old, the data allow ...

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Census: An Increase in Multigenerational Households

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A recent Census report highlights a component of pent-up housing demand — the rise of multigenerational households.

Data from the 2009-2011 American Community Survey reported that 4.3 million households were multigenerational, or 5.6 percent of the total of 76.4 million family households with more than one person. This count represents a significant increase in the share of multigenerational households from 3.7 percent of total family households in 2000 and 4.0 percent of total family households in 2010.

The ...

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