Articles Tagged with ''Construction Finance''

Decreased activity reported in nonresidential building, housing and public works sectors.

After a three-month funding dispute that halted thousands of state projects, New Jersey politicians agreed to a new 23¢-per-gal gas tax to restart work. Coming the day after the rail crash in Hoboken, the deal has raised some question on infrastructure investment.

Nonresidential fixed investment fell in Q2 2016 for the third consecutive quarter, slipping 2.2% from the first quarter.

Only five of the 15 construction subsectors experienced spending growth on a monthly basis.

The market has been robust for several years and continues to be so today. However, many firms worry that economic and political uncertainties are starting to cloud the future of the buildings market.

Construction payment tech provider Textura Corp. has inked a sale to Oracle for $26 per share of stock, valued at roughly $663 million.