Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak,according to an analysis of new federal data released today by the Associated General Contractors of America.Association ...
Tags: construction, Associated General Contractors of America, infrastructure
The Architecture Billings Index(ABI)pointed to a slower decline in July in design activity at U.S.architecture firms.As a leading economic indicator of construction activity,the ABI reflects the approximate nine to twelve month lag time ...
Tags: Architecture Billings Index, slow decline, AIA, U.S.architecture firms
Even with the myriad of obstacles preventing a full-scale recovery for the overall U.S. economy, the design and construction industry appears to have reasons to be at least modestly optimistic in the coming months and into next year. A ...
Global demand for HVAC equipment is projected to rise 6.1 percent per year through 2016 to $107 billion. This growth rate is an acceleration from the gains of the 2006-2011 period, reflecting in part the reduced 2011 bases of the developed ...
Tags: Industry Trends, Heat pumps
(Reuters) - Railroad shipments of lumber are gaining momentum, signaling a construction upturn that should drive up shipping volume of consumer products from appliances to furniture. This mounting demand for construction and household goods ...
Tags: market view, lumber
Global demand for HVAC equipment is projected to rise 6.1 percent per year through 2016 to $107 billion. This growth rate is an acceleration from the gains of the 2006-2011 period, reflecting in part the reduced 2011 bases of the developed ...
Tags: industry trends, HVAC, demand
US demand for cabinets is forecast to rise 8.2 percent annually to $15.3 billion in 2016. Growth will be driven by a rebound in housing completions from a depressed 2011 base. Although housing completions will remain below the level reached ...
Tags: industry trends, cabinet, demand
Following the first negative reading in five months, the Architecture Billings Index (ABI) has had a significant drop in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month ...
After five months of positive readings,the Architecture Billings Index(ABI)has fallen into negative terrain.As a leading economic indicator of construction activity,the ABI reflects the approximate nine to twelve month lag time between ...
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
Stronger than expected job creation and the beginning of a construction industry recovery means gains in real construction spending will materialize this year—after seven years of consecutive declines. According to the new forecast ...
Manufacturing in the U. S. Probably expanded at a slower pace in April than a month earlier, indicating the industry that spurred the recovery almost three years ago is cooling, economists said before a report today. The Institute for ...
Manufacturing probably picked up in the U. S. In March, showing it is weathering a slowdown in global growth, economists said before a report today. The Institute for Supply Management’s factory index climbed to 53 from 52.4 in ...
Tags: market view, economy
Global demand for plastics processing machinery is projected to rise 6% annually through 2015, according to a new market study. Demand will reach to $28.9bn by 2015, thanks to an acceleration in plastic product manufacturing, as well as by ...
Wright Express Corp., a provider of value-based business payment processing and information management solutions, in collaboration with IHS, a global source of information and analysis, has released results of its Wright Express ...
Tags: market view, construction industry