Construction market remains resilient despite challenges
Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.
Read MoreTag: nonbuilding
Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.
Read MoreDodge Construction Network says nonresidential building starts led the drop, declining 22 percent last month.
Read MoreNonresidential building starts dropped the most although nonbuilding was not far behind, according to Dodge Construction Network.
Read MoreNonbuilding construction starts fell 36 percent, nonresidential increased 7 percent and residential gained 1 percent in the month.
Read MoreTotal construction starts rose in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network.
Read MoreFMI Capital Advisors’ George Reddin discusses how the residential, nonresidential and nonbuilding construction markets are faring.
Read MoreWith the $3 trillion stimulus and interest rates at record lows, the field is set for above 4 percent GDP growth over the next six months.
Read MoreTotal construction starts dipped 18 percent in September to a seasonally adjusted annual rate of $667.7 billion, essentially taking back August’s gain.
Read MoreProjections for aggregate consumption in 2021-22 are now higher, largely due to a sharper spike in new home construction.
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