January 2016 construction spending was 10.4 percent higher than a year ago, and hit its highest level in eight years, according to the latest Commerce Department report. There’s more on how the construction industry has rebound, and the numbers that matter, in this Construction Dive report. http://www.constructiondive.com/news/construction-spending-surges-to-8-year-high/414800/
The Case for Infrastructure Spending—Now. Read the details in this CBSMoneyWatch opinion piece by Mark Thoma. http://www.cbsnews.com/news/the-case-for-infrastructure-spending/
Boom in Senior Housing Market
Senior housing occupancy hit its highest level since 2007, according to the most recent CBRE Investor Survey and Market Outlook. Institutional sales in senior housing also reached a record $18.7 billion in 2015. Read more from Construction Dive. http://www.constructiondive.com/news/senior-housing-hits-record-highs/414590/
Construction Goes Virtual
Much of the bricks and mortar of the construction industry may be old school, but the industry is also embracing the future. Find out how in Construction Dive’s report, “Why Virtual Reality’s ‘Democratization’ Could Transform the Construction Industry.” http://www.constructiondive.com/news/why-virtual-realitys-democratization-could-transform-the-construction-in/414462/