Dodge: Construction starts take a dive in November
Dodge Construction Network says total construction starts declined 15 percent last month, with nonresidential plummeting 29 percent.
Read MoreTag: interest rates
AGC: More interest rate hikes likely
While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024.
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How manufacturers are adjusting to meet demands
As equipment manufacturers find themselves with ever-growing backlogs, they are seeking out ways to increase production and get more equipment into the field.
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P&Q Profile: Conn-Weld’s Marvin Woodie
P&Q recently sat down with Conn-Weld president Marvin Woodie during a visit to the company’s facilities, discussing the current supply chain and aggregate industry dynamics.
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Evaluating the current state of construction
While the Infrastructure Investment & Jobs Act and a boon in manufacturing starts are helping some construction sectors, others are feeling more strain from rising interest rates, says Dodge Construction Network’s Richard Branch.
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How interest rate increases are impacting inflation
Dodge Construction Network’s Richard Branch says while increasing interest rates have helped to slow core inflation, another increase could be on the horizon.
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AEM: Long-term hopes remain high for equipment manufacturers
An Association of Equipment Manufacturers (AEM) survey shows that while member manufacturers are still experiencing issues, there is hope that they will be resolved.
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How businesses can make sense of rising interest rates
Crest Capital’s Chris Fletcher looks at when the right time is for companies to borrow money in today’s high-stress environment.
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PCA: Cement consumption expected to drop in 2023
Due to increasing inflation and interest rates, the Portland Cement Association (PCA) projects a 3.5 percent decline in cement demand in 2023.
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