Tuesday, November 30, 2021

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Housing gap widens in R.I.

Every down economy has winners, and right now luxury homebuilders in Rhode Island have all the work they can handle. It was not that way...

Tri-Mack Injection Molded Terminal Block

THE STORY: In its four decades, Tri-Mack has designed, selected materials, manufactured and assembled parts for the aerospace, chemical processing, electronics, industrial equipment and...
HOME CONSTRUCTION INCREASED IN AUGUST to its fastest pace since 2007, with both apartment projects and single-family homes showing strength despite greater fears of an economic slowdown. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. home starts reach highest level since 2007 in broad advance

WASHINGTON – U.S. home construction surged in August to the fastest pace since mid-2007 on more apartment projects and single-family houses, a welcome sign for...
PERMITS FOR single-family houses declined 3.8% year over year in major manufacturing counties in the second quarter , / BLOOMBERG NEWS FILE PHOTO

Trade war hits home construction in U.S. factory counties

BOSTON – Homebuilders are pulling back from United States manufacturing areas as shots fired in President Donald Trump’s trade war begin to ricochet across...
THE S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on track for the biggest annual drop since 2008. / BLOOMBERG NEWS

Builders slump as U.S. housing market shifts to the slow lane

NEW YORK - The housing market is stalling, and homebuilder stocks are feeling the pain. The S&P Supercomposite Homebuilding Index is down 21 percent year-to-date, on...
FLOOD-PRONE: Grover Fugate, executive director of the R.I. Coastal Resources Management Council, stands in front of properties on Strand Avenue in an at-risk area for flooding near the Oakland Beach neighborhood in Warwick.
 / PBN PHOTO/MICHAEL SALERNO

Report: R.I. homebuilding codes don’t cover all storm risks

Rhode Island again scored well in a recent report on the strength and enforcement of its homebuilding codes. However, with the 2018 hurricane season...

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