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Construction Updates in the United States

The latest construction updates from the NAHB, McGraw Hill and other relevant construction information.

Nov 29, 2017
Construction making its highest contribution to economy in seven years
A recent report from the American Builders and Contractors (ABC) shows that investment in construction is up nationwide. The report showed that in 2016 real residential and nonresidential construction investment (adjusted for inflation) accounted for 6.2 percent of U.S. gross domestic product (GPD), the total value of goods produced and services provided to the country during a year. Construction revenue is a major reason society has seen the industry’s largest contribution to U.S. economy since the end of 2009. More info...

Nov 25, 2017
Residential Construction Cost Data
Estimating Building Costs
When buying from a tract builder you will sign a contract that indicates everything that will be included in your new home. Tract builders will present a variety of options that are available for your home, from upgraded kitchen cabinets to fireplaces and tile floors. It's helpful to identify those features that are must have items and those that are nice to have when finalizing your construction budget.
Plus a complete selection of cost estimating books including current Contractors's Pricing Guide. More info...

Nov 25, 2017
Know Construction Terms for Residential Construction
Speak Construction
You will hear many unfamiliar terms tossed around when you start looking for a builder and a construction lender. Here is a glossary of construction vocabulary. More info...

Nov 25, 2017
Residential Construction Draw Schedule Form
Free Downloadable Draw Schedule
The construction loan draw schedule shows you how much money will be disbursed with the completion of each phase of the construction process. Here is a free downloadable sample construction draw schedule. More info...

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