For the past decade, a housing shortage in the United States has supported strong forecasts for single-family construction. Driven by household formation among millennials and…
chief economist
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FGIA Offers Industry Impacts in Webinar; Announces Sessions for Virtual Summer Summit
The Fenestration and Glazing Industry Alliance (FGIA) has announced two upcoming events. The organization will host a webinar on June 9, at 2 p.m. Central…
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Supreme Court Strikes Down IEEPA Tariffs, but Uncertainty Remains
The United States Supreme Court on Friday ruled that the White House does not have the authority to impose sweeping tariffs under a federal emergency powers law.…
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Gauges for Builder Confidence and Architectural Billings Offset
Two leading indicators for construction forecasting registered opposing measures last week—one pointing to a downturn in builder confidence, while the other indicates more construction projects…
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NLBMDA Meets with Commerce Secretary Gina Raimondo’s Office on Lumber Volatility
The National Lumber and Building Material Dealers Association (NLBMDA) met with Secretary of Commerce Gina Raimondo’s senior staff and other high-ranking Commerce Department officials late…
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Zonda: New Home Sales Maintain Momentum, Up 45.8% Year-Over-Year
The experts at housing industry advisors Zonda released their New Home Pending Sales Index (PSI) for October 2020, which shows pending sales having increased month-over-month…
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A Glimpse of the Post-Pandemic Industry Recovery
This time last year, economists at the 81st Annual Dodge Construction Outlook Conference didn’t expect a recession to occur within the next 12 months. Then…