In The News A Collection of Current News Sources
Keep up with the latest news from Reed Construction Data. View our current and archived press releases, covering a wide range of current events from all over North America, including forecasting presentations and product releases.
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May 05, 2008 | No Subscription Required
Downtown hotel boom stirs up demand - Fort Worth Business Press
Nationwide, the hotel market continues to be the fastest growing commercial building segment, according to Jim Haughey, director of research and analytics for Reed Construction Data. But construction spending, he predicts, is expected to slow to 31 percent in 2008, and then to 12 percent in 2009. -
April 28, 2008 | No Subscription Required
Good news in the design and building industry? - SullivanKreiss
Building Design & Construction recently reported projections from Jim Haughey, Director, Research and Analytics, Reed Construction Data, that hotel construction will grow at a 31% growth in 2008. He cites the downturn in projects in the planning stages shows strong growth, but not as strong as last year. -
April 24, 2008 | No Subscription Required
BASF Study Shows Building with SIPs Reduces Framing Construction Labor by 55 Percent - PRWeb
A new BASF study conducted by the RS Means unit of Reed Construction Data shows that residential builders can reduce their framing labor needs by as much as 55 percent by using structural insulated panels (SIPs) instead of conventional "stick-building" methods. -
April 16, 2008 | No Subscription Required
Transportation news: McCain calls for suspending motor vehicle fuel tax - Logistics Management
“The Federal Highway Trust Fund could not stand this hit,” said James Haughey, chief economist for Reed Construction Data (a corporate sibling of LM). “[And] the proposal not to put oil into the SPR has been made and quickly dismissed several times. The SPR is there to protect us from empty gas pumps not high prices.” -
April 16, 2008 | No Subscription Required
Nonresidential construction, retail chain trends down - CSBJ Daily
Reed Construction Data, an industry research group, took a look at the year-to-date value of nonresidential construction starts for January – March 2008. Not surprisingly, retail construction was down 14 percent, nonresidential building was off 5 percent and heavy construction fell 11 percent compared to first quarter 2007. -
April 16, 2008 | No Subscription Required
Somersworth residents speak well of school proposal - Fosters.com
A square-footage estimate for the building of 72,044 — which is based on the educational specifications required by the state Department of Education — comes out to just under $13 million when calculated on www.rsmeans.com, a website cost calculator for determining current building ... -
April 16, 2008 | No Subscription Required
Taxpayers on hook for health unit’s high-priced new headquarters - The Sun Times
Alex Carrick, chief economist with CanaData - a company specializing in statistics and forecasting information for the Canadian construction industry - puts the cost of an average three-storey office building in ... -
April 15, 2008 | No Subscription Required
Exploding metal prices hit manufacturers - FleetOwner
According to Reed Construction Data, “everything is favorable for an outsized rise in steel prices this spring that is likely to partially reverse later in the year or ... -
April 11, 2008 | No Subscription Required
Health-care construction, expenditures booming - Greater Fort Wayne Business Weekly
Health-care construction is booming, with monthly spending 20 percent higher than a year ago, according to Norcross, Ga.-based Reed Construction Data. For 2008, Reed projects that health-care construction will jump another 14 percent. -
April 06, 2008 | No Subscription Required
Rising Boomer demand for health care will drive commercial real estate - 50+Digital
“The growing demand for medical services has kept healthcare construction booming. Norcross, Ga.-based Reed Construction Data reports that monthly spending on healthcare construction is 20 percent higher than a year ago.”
