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Construction Forecast
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Affordable Home Prices Will Keep Housing on an Upward Trajectory Through 2015
Apr 29, 2014A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
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The NEMA Lighting Systems Index Declined 1.6% From Second-Quarter 2013 Results
Feb 27, 2014“Of course we’re disappointed,” National Lighting Bureau Executive Director John Bachner said in response to third-quarter 2013 performance of the NEMA Lighting Systems Index (LSI). The Index declined 1.6% from ...
Tags: miniature-lamp shipments, operating costs, improving lighting quality
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McGraw Hill Construction Released Findings From a New Green Home Builders and Remodelers
Feb 14, 2014McGraw Hill Construction, a part of McGraw Hill Financial, recently released findings from a new Green Home Builders and Remodelers Study at the National Association of Home Builders (NAHB) International Builders' Show in Las Vegas. Green ...
Tags: Green Home, Green experience, residential construction
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US Construction Forecast Shows Decelerated Growth
Nov 26, 2013Following three months of accelerating demand for design services, the Architecture Billings Index (ABI) reflected a somewhat slower pace of growth in October. As a leading economic indicator of US construction activity, the ABI reflects ...
Tags: Metallurgy, Mineral, Energy
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The Ongoing Housing Recovery Is Expected to Gain Momentum Next Year
Oct 4, 2013With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in the ...
Tags: Construction, Decoration
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The Projections for Growth in Spending Have Been Scaled Back
Aug 5, 2013With slower than expected activity in the nonresidential construction sector in the first half of the year, the projections for growth in spending have been scaled back. Led by the hotel and retail project categories, the commercial sector ...
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The Projections for Growth in Spending Have Been Scaled Back
Aug 5, 2013With slower than expected activity in the nonresidential construction sector in the first half of the year, the projections for growth in spending have been scaled back. Led by the hotel and retail project categories, the commercial sector ...
Tags: Building Activity
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The 2013 Forecast for Construction-Put-in-Place Is up 8%-$918 Million-Over 2012
Apr 12, 2013The 2013 forecast for construction-put-in-place is up 8 percent―$918 million―over 2012, according to consulting and investment firm, FMI. Even with the strong improvement, however, FMI does not expect annual construction to go ...
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The Nonresidential Construction Industry Is Expected to See a 5% Rise in Spending for 2013
Feb 1, 2013The nonresidential construction industry is expected to see a 5-percent rise in spending this year, according to the American Institute of Architects (AIA) semi-annual Consensus Construction Forecast, and is expected to grow at a faster ...
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The Nonresidential Construction Industry Is Expected to See Solid
Jan 31, 2013Growing at a faster rate than the overall U.S. economy, the nonresidential construction industry is expected to see solid, yet measured, increases in activity this year. High demand for hotels and retail projects have the commercial sector ...
Tags: Nonresidential Construction, nonresidential construction industry
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Design & Construction Industry Appears to Have Reasons to Be at Least Modestly Optimistic
Dec 24, 2012Even 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 ...
Tags: construction industry, recovery, economy, projections
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The U.S. Green Building Market Continues to Accelerate
Dec 24, 2012The U.S. green building market continues to accelerate, according to McGraw-Hill Construction's 2013 Dodge Construction Green Outlook report. The value of green building has seen growth from $10 billion in 2005 to $78 billion in 2011. In ...
Tags: Green Building, green building market, Green Outlook report
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Optimism Reigned During NAHB Construction Forecast Webinar
Dec 13, 2012Good news for glass companies focused on the multi-family and remodeling segments:Optimism reigned during the National Association of Home Builders'(NAHB)Construction Forecast webinar today.David Crowe,NAHB chief economist,opened the ...
Tags: glass industry, NAHB, construction
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More Growth in Condominium Projects for The Next Two to Three Years
Oct 29, 2012With 44 consecutive months below 800,000 starts,the construction industry has been waiting patiently for that number to rise. "It finally just went above 800,000 last week and I don't know if I should open the champagne or not,"said Chip ...
Tags: construction industry, Chip Case, single-family housing, condominium
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Construction Industry Appears to Have Reasons to Be at Least Modestly Optimistic
Aug 15, 2012Even 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 ...