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Commercial Construction Soars in September

William Attardi on November 1, 2025

Total construction starts were up +3.1% in September to a seasonally adjusted annual rate of $1.26 trillion, according to Dodge Construction Network. Nonresidential building starts rose by +11.9%, residential starts improved +3.6%, and nonbuilding starts fell -6.2% over the month. On a year-to-date basis through September, total construction starts were up +3.5% from last year. Nonresidential starts were up +5%, residential starts were down -4.2% and nonbuilding starts were +10.8% higher over the same period. For the 12 months ending Sept. 2025, total construction starts were up +6.7% from the 12 months ending Sept. 2024. Residential starts were down -1.4%, nonresidential starts increased 6.8%, and nonbuilding starts were up +16.7% over the same period.  Commercial Construction Soars in September | Electrical Wholesaling

Stellantis Says It will Invest $13B to Expand Its US Operations, Adding More Than 5,000 Jobs by Alex Veiga

William Attardi on October 15, 2025

Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its domestic vehicle production by 50% and add more than 5,000 jobs. The world’s fourth-largest carmaker said Tuesday the investment will support the introduction of five new vehicles, including a Dodge Durango to be built in Detroit and a midsize truck to be assembled in Toledo, Ohio. The new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.  Stellantis says it will invest $13B to expand its US operations, adding more than 5,000 jobs | AP News

The Genesis of the U.S. Space Force – On December 20, 2019, President Donald Trump signed the National Defense Authorization Act (NDAA) for Fiscal Year 2020, officially creating the United States Space Force, a new and independent branch of the U.S. military. The establishment of the Space Force marked a historic shift in how the U.S. views and manages its military operations in space, reflecting the growing importance of space as both a domain of strategic competition and national security. The Space Force is tasked with ensuring the U.S. maintains its superiority in space, focusing on both the defense of space assets and the development of offensive capabilities. Its mission includes:

  1. Space Operations: Overseeing space-based systems, such as satellites, that provide essential services to the U.S. military, including communication, reconnaissance, and missile defense.
  2. Space Security: Protecting U.S. space infrastructure from threats, including anti-satellite weapons, cyberattacks, and other potential forms of disruption by adversarial nations.
  3. Space Research and Development: Developing and deploying cutting-edge space technologies, including space-based defense systems, that ensure the U.S. maintains an edge in space exploration and military operations.
  4. Supporting National Defense: Integrating space capabilities into broader national defense strategies, ensuring that U.S. forces can operate effectively in space as part of a multi-domain approach to warfare.

The Space Force is designed to streamline and strengthen the U.S. military’s space operations, which were previously under the purview of the U.S. Air Force. By separating space operations into a distinct branch, the government hoped to increase focus on space as a critical area of national defense and enhance the U.S. military’s ability to respond to emerging threats. Source: Day in History