Latest Musings on the U.S. Construction Outlook

U.S. GDP Bounce Back

After a change of -5.0% annualized in ‘real’ (inflation-adjusted) gross domestic product (GDP) in Q1 of this year, the U.S. economy plummeted -32.9% in Q2. Annualizing the number essentially means compounding the quarter-to-quarter change to obtain a yearly rate. (The result is usually close to multiplying by four.) The quarter-to-quarter change in Q2 was about -9.0%.

Watch: robot bricklayer builds three-bed house

Yorkshire-based start-up Construction Automation has developed a bricklaying robot that has been put to work on its first test project: a three-bedroom house in the village of Everingham. The company said its Automatic Brick Laying Robot (ABLR) has been four years in development. It can…

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Work to restart on £100m stalled Liverpool project

Work on the £100m Aura student accommodation development in Liverpool will restart after a deal was struck by investors to take the project out of administration. Following the arrest of developer Elliot Group’s founder Elliot Lawless at the end of 2019, work by contractor Vermont…

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