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June 3, 2025: Key U.S. Construction Insights and Updates
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đď¸ Episode Title: June 3, 2025: Key U.S. Construction Insights and Updates
Host: Jared S. Taylor
Description:
In this episode, host Jared S. Taylor brings you the latest U.S. construction news and policy updates as of June 3, 2025. Key topics include:
- Rising U.S. home prices amid high mortgage rates and new tariffs on construction materials, projected to drive up building costs by up to 2.5% on top of the existing 4.3% escalation.
- A national slowdown in construction spending, with single-family home projects seeing the biggest hit.
- Regional project highlights:
- Michiganâs Manistee County Medical Care Facilityâs $26.3M expansion
- Connecticutâs New Canaan Police Headquarters renovation, ahead of schedule
- Michiganâs Coleman Road bridge work in Midland County
- Saratoga Builders Associationâs workforce development scholarships
- USACE Buffalo Districtâs âHard Hat of the Yearâ recognition for Mitch Hares
- San Diegoâs upcoming community meeting on key water and sewer projects
- Economic indicators and policy updates, including new mandates on certain federal construction contracts.
If you have any construction news to share, send Jared a message on LinkedIn. Stay tuned for tomorrowâs updatesâand letâs keep building together!
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