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Keyword: construction

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  • U.S. Troops Begin Construction of Biden’s Promised Gaza Aid Pier

    04/26/2024 6:45:21 AM PDT · by ChicagoConservative27 · 31 replies
    Breitbart ^ | 04/26/2024 | SIMON KENT
    U.S. troops have begun construction of a pier to be used to bring humanitarian aid into the Gaza Strip, the Pentagon confirmed Thursday. “I can confirm that U.S. military vessels, to include the USNS Benavidez, have begun to construct the initial stages of the temporary pier and causeway at sea,” Pentagon press secretary Maj. Gen. Pat Ryder said. The news came on the same day Palestinian terrorists fired mortars at United Nations officials as they toured the proposed pier site, as Breitbart News reported.
  • New-home construction posts biggest drop in four years, despite America facing a housing shortage

    04/18/2024 7:17:10 AM PDT · by george76 · 24 replies
    Market Watch ^ | April 16, 2024 | Aarthi Swaminathan
    Housing starts fell to 1.32 million. The numbers: Construction of new homes fell 14.7% in March, as home builders scaled back new projects. The pace of construction slowed as builders contended with higher mortgage rates sapping demand. Housing starts fell to a 1.32 million annual pace from 1.55 million in February,
  • Here’s where prices rose the most in March

    04/10/2024 12:41:36 PM PDT · by ChicagoConservative27 · 8 replies
    The Hill ^ | 04/10/2024 | JULIA SHAPERO
    Inflation ticked higher once again in March, with consumer prices up 0.4 percent over the previous month and 3.5 percent compared to one year earlier. The latest data marks the third month in a row that the consumer price index (CPI), a closely watched gauge of inflation, has come in hotter than expected, likely throwing cold water on hopes that the Federal Reserve would begin cutting interest rates soon.
  • Gen-Z is shunning college to take up traditional trades like welding and plumbing they say is far more satisfying and which doesn't incur huge student debt

    04/02/2024 6:27:00 PM PDT · by MinorityRepublican · 61 replies
    The Daily Mail ^ | 02 Apr 2024 | Rachel Bowman
    Increasing numbers of Generation Z are opting out of college and turning to vocational schools with hopes of higher wages and avoiding student debt, data shows. Young people who came of age during the pandemic said they have been deterred from four-year universities by high tuition and the prospect of student debt. Instead, they are attending trade schools and are being enticed by well-paying job opportunities and satisfying work. The National Student Clearing House recorded a 16 percent increase in enrollment at two-year schools with a 'high vocational program focus' and a 2.6 percent rise in community college enrollment in...
  • Nolte: Construction of Wind Turbines Enrages Virginia Beach Residents

    04/02/2024 12:35:03 PM PDT · by ChicagoConservative27 · 37 replies
    Breitbart ^ | 04/02/2024 | JOHN NOLTE
    Residents of Virginia Beach, one of the few areas in Virginia to choose Joe Biden for president in 2020, are upset over the construction of wind turbines. Complaints range from noise and vibrations caused by the 24/7 construction project to the destruction of ocean views and possible negative effects on marine life. On Wednesday, Virginia Beach residents met with Dominion Energy, the company installing 178 wind turbines 900 feet high across 15 miles of ocean. The local news outlet News 3 reported that after the meeting, residents still “have concerns regarding the construction noise, environmental damage, and ocean views.” The...
  • Dwindling immigration puts squeeze on home building

    03/24/2024 8:55:48 AM PDT · by 4Runner · 47 replies
    NBC News ^ | May 11, 2023 | Jasmine Cui
    Foreign-born people make up almost a third of construction workers in the U.S. But their numbers have dropped in recent years, making it tougher for contractors to find workers. New home construction is key to unlocking lower housing prices. But the rate of this type of construction has fallen month to month since March 2022, and experts say tough immigration policies that have shrunk the construction workforce are behind the building squeeze. Lower immigration was a policy goal of the Trump White House, and the administration issued several policies toward that goal from 2017 to 2021, including freezing visas. The...
  • 10,000 foreign workers to arrive by June to save construction industry

    03/17/2024 6:28:29 AM PDT · by Texan4Life · 25 replies
    The Jerusalem Post ^ | 17 March 2024 | Yosi Dayan
    By the end of June, more than 10,000 foreign workers from India will be employed in Israel, and at the same time, the process of absorbing about 10,000 foreign workers from other countries such as Georgia, Sri Lanka, Azerbaijan, and more will begin. The arrival of foreign workers will save the construction industry, which is currently in collapse, and most of the construction sites are closed. The trend is to bring about 40,000 more workers to Israel to complete a quota of 65,000 foreign workers because Palestinian workers who worked in the construction industry no longer come to work in...
  • State officials quiet on recourse after Rivian pauses $5B Georgia plant

    03/11/2024 6:10:59 AM PDT · by CFW · 15 replies
    The Center Square ^ | 3/08/24 | .A. DeFeo
    Updated Information This story has been updated with a statement from the Georgia Department of Economic Development and Joint Development Authority of Jasper, Morgan, Newton, and Walton Counties. (The Center Square) — While Rivian Automotive paused its $5 billion plant in Georgia, state officials declined to say how — or if — they might attempt to claw back massive taxpayer-backed incentives they offered the company. In December 2021, state officials announced that Rivian planned to build a manufacturing facility in Georgia — its second U.S. plant. Georgia gave $1.5 billion in incentives and the deal was so significant that state...
  • Fire! November US Housing Starts Explode +14.8% In November As New Home Prices Collapse By -20% YoY

    12/19/2023 8:17:03 AM PST · by Kaiser8408a · 11 replies
    Confounded Interest ^ | 12/19/2023 | Anthony B. Sanders
    There is a sudden fire in housing as housing starts soar in November. Housing Starts: Privately‐owned housing starts in November were at a seasonally adjusted annual rate of 1,560,000. This is 14.8 percent above the revised October estimate of 1,359,000 and is 9.3 percent above the November 2022 rate of 1,427,000. Single‐family housing starts in November were at a rate of 1,143,000; this is 18.0 percent above the revised October figure of 969,000. The November rate for units in buildings with five units or more was 404,000. Building Permits: Privately‐owned housing units authorized by building permits in November were at...
  • 12-Year-Old Boy in Stolen Forklift Leads Police on Hour-Long Chase, Hits Multiple Parked Vehicles

    11/29/2023 7:07:41 PM PST · by xxqqzz · 17 replies
    People ^ | November 28, 2023 | Escher Walcot
    A 12-year-old boy has been placed in juvenile detention after he stole a forklift truck and led police on an hourlong chase in Michigan. The boy, identified only as an Ann Harbor local due to his age, stole a Construction Genie GTH-636 Telehandler at Forsyth Middle School on Saturday, the Ann Arbor Police Department said in a release Monday. The authorities also stated that the boy hit ten parked vehicles during the pursuit, which happened after officers responded to a call reporting an attempt to steal the truck and found him driving the vehicle — which weighs up to 35,000...
  • Hammer Time! New Home Sales Hammered In October As Homebuilders Hit The Wall, Prices Plunge -17.6% YoY

    11/27/2023 8:04:51 AM PST · by Kaiser8408a · 34 replies
    Confounded Interest ^ | 11/27/2023 | Anthony B. Sanders
    Hammer time! With existing home sales collapsing to their lowest SAAR since 2010, new home sales are the only pillar left holding up any hope in the US housing market. However, with housing affordability at its lowest since at least the early 1980s, (and homebuilder sentiment slumping as mortgage rates rose), it’s no surprise that analysts expected new home sales in October to tumble 5.0% MoM (after their unexpected 12.3% surge in September). As a reminder, The Mortgage Bankers Association’s index of home-purchase applications tumbled to 120 – the lowest level since 1995 – as mortgage rates hit 8% for...
  • Adams denies knowing anything about NYC construction firm at center of campaign probe

    11/05/2023 3:44:34 PM PST · by ChicagoConservative27 · 14 replies
    Nypost | 11/05/2023 | Steve Janoski
    Mayor Eric Adams has denied knowing anything about the construction firm at the center of the federal probe into his campaign finances — while acknowledging he’s been in touch with his top fundraiser, whose house was raided last week. Hizzoner was asked point-black during an interview with PIX11’s Dan Mannarino if he knew or had ever worked with anybody from the Williamsburg, Brooklyn-based KSK Construction Group.
  • 'Oh, the wall thing': Biden dismisses fury and insists he was 'told he had no choice' but to start constructions as Democrats accuse him of 'flip-flopping' and being 'cruel'

    10/06/2023 3:38:37 PM PDT · by Libloather · 39 replies
    Daily Mail ^ | 10/06/23 | Emily Goodin
    resident Joe Biden on Friday dismissed criticism of his decision to start rebuilding Donald Trump's border wall, shruggin off anger by repeating his argument that he had no choice. 'Oh, the wall thing, is that what you're talking about?,' Biden said when asked why his party didn't reappropriate the funds when it controlled Congress. 'Yeah. I was told I had no choice. Congress passes legislation to build something, whether it is an aircraft carrier, wall, or provide for a tax cut, I can't say I don't like it.' Many Democrats are furious with the president for resuming construction on the...
  • Guns Of August! Housing Starts Plunged In August (-11.3% Since July), Down -14.8% YoY

    09/19/2023 7:26:10 AM PDT · by Kaiser8408a · 2 replies
    Confounded Interest ^ | 09/19/2023 | Anthony B. Sanders
    This isn’t Barbara Tuchman’s class novel about the horrors of World War I, but the ongoing horrors of Bidenomics with its guns pointed at the American middle class. Privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000. This is 11.3 percent below the revised July estimate of 1,447,000 and is 14.8 percent below the August 2022 rate of 1,505,000. Single‐family housing starts in August were at a rate of 941,000; this is 4.3 percent below the revised July figure of 983,000. The August rate for units in buildings with five units or more was 334,000....
  • U.N. SAYS: BUILD WITH BAMBOO!

    09/14/2023 6:32:18 PM PDT · by Rummyfan · 34 replies
    Powerline ^ | 14 sep 2023 | John Hinderaker
    Has there ever been a time in world history when so much stupidity has been generated by a patently false ideology? Well, sure, socialism. But climate hysteria is making a run for it on the outside, now closing rapidly with socialism.The latest is the United Nations telling us to completely revamp how we construct buildings. Actually, its message is to stop building at all. So as to achieve “net zero,” i.e., civilizational collapse.There is much at the link, and no doubt much more in the report itself. For now, I just want to note this:The solution also requires, in its...
  • Chinese Construction Workers Haven't Been Paid for Months

    08/23/2023 6:22:10 PM PDT · by SeekAndFind · 10 replies
    Red State ^ | 08/23/2023 | Ward Clark
    It's hard for us to understand China, partly because of the very real cultural differences, and partly because China is wholly owned and operated by the Chinese Communist Party (CCP). The CCP has never been forthcoming about the actual state of China's economy, especially where real estate is concerned.Those chickens are now coming home to roost. The CCP China's real estate bubble is popping, and the workers who build China's housing are already paying the price.Workers for a major Chinese developer are going without pay, and job sites are going unfinished as the Chinese real estate market struggles, according to...
  • The Construction Industry Needs Undocumented Workers. So Why Is Nothing Being Done To Help Them?

    08/19/2023 4:09:08 PM PDT · by nickcarraway · 42 replies
    BISNOW ^ | Patrick Sisson | August 8, 2023
    In the feverish haze of the hottest summer on record, construction workers in Texas found out they soon will no longer be guaranteed mandated water breaks. In Florida, undocumented workers are subject to new restrictions on the services they’re able to access — including healthcare. And political battles over immigration policy and border security make legislative compromises or reforms increasingly unlikely. The need to build is everywhere, but it’s becoming harder to find construction workers willing to do the jobs, and some states are making it even harder by cracking down on undocumented immigrants, a major source of construction labor....
  • San Francisco's $1.2 billion Hayes Point tower stops construction over rampant crime and homelessness

    08/15/2023 6:25:07 PM PDT · by zeestephen · 51 replies
    Daily Mail (via MSN.com) ^ | 15 August 2023 | Will Potter
    Hayes Point was intended to revive San Francisco's struggling downtown...The $1.2 billion tower was halted after developers failed to find tenants...Hayes Point was one of the few remaining construction projects underway in San Francisco, and its halting comes as a major upset to city officials after they introduced measures to revive the downtown area around it.
  • NYPD seeks young men accused of hurling construction barrels at cop during Union Square riot

    08/09/2023 5:59:16 AM PDT · by ChicagoConservative27 · 13 replies
    NY Post ^ | 08/09/2023 | Allie Griffin
    The NYPD is searching for two young men who allegedly assaulted a cop during Twitch star Kai Cenat’s chaotic PS5 giveaway-turned-riot in Union Square Friday. The department on Tuesday released photos of two males wanted for allegedly hurling construction barrels at a 59-year-old cop, striking him in the head and body at about 3:45 p.m. The officer suffered multiple wounds including a head injury and both ran off. The two suspects are the latest delinquents involved in the massive melee to be wanted by police. On Sunday, cops announced they were looking for eight baby-faced teens caught on camera trashing...
  • 26 MILES of scaffolding blights NYC’s public housing, some up for 10 years

    07/30/2023 1:57:12 PM PDT · by ChicagoConservative27 · 24 replies
    Nypost ^ | Howard Husock
    No New York pedestrian would disagree with Eric Adam’s characterization of the city’s ubiquitous sidewalk sheds at stalled construction sites as “ugly little green boxes.” But his targeting of private buildings owners with $10,000 a month fines for scaffolding that stays up for more than 90 days without building repairs proceeding also suggests selective prosecution.