Category: Procurement

June 8, 2022

Before Miami-based Eden Multifamily had even begun site work on EDEN Crystal Lake in Port Orange, Florida in March 2021 (pictured above), it already had a container filled with fiberglass bathtubs ready and waiting to be installed in the apartments […]

May 3, 2022

The breakouts in U.S. construction material input costs showed few signs of abating in March. Table 1 presents year-over-year, and latest-three-month percentage-change results for 15 Producer Price Index series that bear on the materials cost side of construction projects. March […]

April 19, 2022

Imports of iron and steel to the U.S. reached about $38.9 billion last year, according to the United Nations COMTRADE database, its highest level since tracking began in the early 1990s. About 21% of the structural steel used in the […]

March 24, 2022

The agreement with the U.K. comes after the U.S. struck similar deals to ease steel and aluminum tariffs with Japan and the European Union. The U.K. will be able to export 500,000 metric tons of finished steel and 900,000 metric […]

February 8, 2022

The Biden administration reached a new Section 232 steel tariff-rate quota agreement with Japan, officials announced Feb. 7. The arrangement replaces a flat 25% tariff added by the Trump administration in 2018. It allows up to 1.77 million tons of […]

February 4, 2022

Canada-based construction tech start-up RenoRun announced this week that it has raised $142 million in Series B funding, a significant increase from $17.1 million in Series A funding raised in November 2019. Internet and software investment giant Tiger Global Management […]

January 14, 2022

The producer price index for inputs to new nonresidential construction — the prices charged by goods producers and service providers, such as distributors and transportation firms — increased by 0.5% in December and 19.6% in 2021 as a whole, according […]

December 28, 2021

The new agreement on U.S. imports of steel from the European Union will take effect on Jan. 1, 2022, after President Joe Biden issued a proclamation making the adjustments reached by negotiators during the G20 summit in October. The deal […]

December 3, 2021

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that […]

November 30, 2021

The Biden administration’s Commerce Dept. on Nov. 24 followed through with expected anti-dumping and countervailing duties on Canadian softwood lumber producers, placing duties of 17.99% on their imports, more than twice the old rate of 8.99% from the Trump administration. […]