Markets

From All Systems Go to a Deep Recession in One Month
The economy has gone from the equivalent of 60 to 0 in the blink of an eye after social distancing directives permeated the nation. To try to understand the magnitude of the crisis, Anirban Basu compares it to previous events and evaluates the significance of events.
By Anirban Basu
May 13, 2020
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Markets

Call the Dr.: Swinerton and Dr. Dre Transform Compton High School
By Ken Budd
Swinerton Builders transformed Compton High School into Los Angeles’ coolest campus, replacing tired buildings with high-tech classrooms and shiny new athletic facilities—plus a state-of-the-art performing arts center funded by Compton’s own Dr. Dre.
Markets

Construction Job Opening Rate Falls to Lowest Level in Nearly a Decade
By ABC
In August, construction job openings fell to their lowest rate in almost 10 years.
Markets

Construction Materials Prices Up 0.2% in August, Driven by Iron and Steel
By ABC
Things are looking up—construction materials prices, that is, and iron and steel are mainly to blame.