The sharp increase for total construction followed two months of lackluster activity, as several very large projects in December helped to lift the pace of contracting.
At a seasonally adjusted annual rate of $421.3 billion, new construction starts in November fell 5% from the previous month, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies.
The number of construction firms experiencing ‘significant’ financial distress has risen by 45 per cent over the past 12 months, new research has revealed.
Labour has pledged to begin construction on 1m homes by 2020, if it wins the general election.
A pilot project that aims to create electricity from the footfall of commuters is to be installed at London’s Canary Wharf this summer, helping the district to be more sustainable.
Commercial property developer Stoford has unveiled a 10m sq ft development pipeline for 18 new projects across the UK.
Former Laing O’Rourke boss Steve Hollingshead has landed the role as J Murphy & Sons chief executive after working on the proposed Swansea Bay Tidal Lagoon plant for the past 11 months.
Morgan Sindall has become the latest CN100 contractor to support the #loveLIVES campaign to save Building Lives.
A European team in Cambridge has designed a sensor that can detect the charge on a single electron in the fastest time ever recorded.
Researchers have used 3D printing techniques to produce a graphene-based aerogel that could be used in applications including energy storage.
The Scottish government has appointed a joint venture including Lakehouse subsidiary Everwarm for a £224m contract to improve energy efficiency in up to 28,000 Scottish homes.
A joint venture led by French contractor Bouygues has been awarded the contract to build the £175m Garden Bridge across the Thames in London, Construction News understands.
Five contractors have bagged spots on all nine of the top-end regional lots of a major £4bn public sector framework agreement led by Haringey Council.
Five contractors have bagged spots on all nine of the top-end regional lots of a major £1bn public sector framework agreement led by Haringey Council.
A team from Oxford University has created an entirely new class of ultra-thin, ultra-high resolution displays with nanosecond access speed and no power consumption in static mode.
Almost nine in ten electrical contractors saw no improvement in payment on public sector contracts in 2014, the Electrical Contractors Association has revealed.
Japanese developer Mitsubishi Estate has announced it will submit plans for a 40-storey tower in the City of London.
Keltbray have confirmed that the man injured when a building collapsed in Holborn on Monday was one of their machine drivers.
Tom Lawler tells Construction News how he went from selling drugs to full-time work with the help of Building Lives.
A nanofibre thread designed for use in medical sutures could enter clinical trials later this year in surgery to repair injured shoulders.