News Roundup

News Roundup (394)

Coronavirus Panic Leaving Workers Without Masks: Report

Fears over COVID-19 are leaving construction workers like carpenters, drywall installers and painters, without proper masks. So reports Kolo 8 News Now.

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San Fran Prop Linking Office Development, Affordable Housing Likely to Pass

It appears a ballot measure in San Francisco, which limits office development if the city misses its affordable housing target, will pass. So reports The San Francisco Examiner.

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Ironworker Dies at Amazon Air Hub Construction Site

A construction worker at the Amazon Air Hub construction site at the Cincinnati/Northern Kentucky International Airport has died in a workplace accident. So reports Cincinnati.com.

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Surge in Home Constriction Lifts Lumber Costs

A recent housing construction boom, the biggest since 2006, is driving up lumber prices. So reports The Wall Street Journal.

Lumber futures slated for March delivery closed at $422.30 per 1,000 board feet on the Chicago Mercantile Exchange; wood for May was a fraction of a dollar higher.

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Construction Worker Shortage Impacting Thriving Hotel Industry

The hotel industry’s growth is in danger of being stunted by a shortage of construction workers, according to a new report from intelligence platform Skift. So reports Fox Business.

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PennEast Pipeline’s Fate Hangs in the Balance

The PennEast Pipeline Co.’s federal approval to begin construction of an underground pipeline from Pennsylvania to New Jersey is set to expire Jan. 19, but construction is still on hold as a permit fight is expected to head the U.S. Supreme Court. So reports Lehigh Valley Live.

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Construction Firm Fired After Documents Go Missing from MI6 HQ Renovation

"Sensitive” documents related to the layout of the London headquarters for MI6, U.K.’s intelligence service, went missing as construction firm Balfour Beatty was in the process of a refurbishing project. So reports CNN.

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ABC Calls for 'Wait-and-See' Approach Despite Momentum

Anirban Basu, the chief economist for the Associated Builders and Contractors (ABC), said “momentum” is expected to continue through 2020, but advised economic uncertainties require a “wait-and-see” approach. So reports American Survey.

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Construction Lagging in 'Millennial' Areas: NAHB

Construction growth has begun to lag in “Millennial” areas, according to a new report from the National Association of Home Builders. So reports Housing Wire.

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APAC Region Expected to See Major Gains Over Next 4 Years: Study

Demand for construction in the Asia-Pacific region is expected to rise nearly 5% per year and reach $123 billion by 2023, according to a Freedonia Group study entitled Global Construction Machinery. So reports The Morning Journal.

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