Posts Tagged ‘ residential construction ’

What If Yeti Made Homes?

Aug 23rd, 2023

I read an article recently in the Wall Street Journal (WSJ) about Passive House-rated homes. One homeowner said the air conditioning in his new house only ran a few hours per day this summer, while keeping it at 72 to 75 degrees—despite triple-digit heat. That’s impressive. And I must admit, it made me think: “Now […]

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 21st, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Weakening Builder Confidence Points to Economic Troubles Ahead

Jun 17th, 2022

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), rising inflation and higher mortgage rates are slowing traffic of prospective homebuyers and putting a damper on builder sentiment. The association says it’s a troubling sign for the housing market, as builder confidence in the market for newly built single-family homes […]

Arkema Acquires Edge Adhesives Texas, Expands Bostik’s Business in the US

May 20th, 2021

Bostik expands its offerings in high-performance adhesives in the United States with the planned acquisition of Edge Adhesives Texas, a complementary asset in hot-melt adhesives and pressure sensitive adhesive tapes for residential construction. This project is in line with Arkema’s strategy of bolt-on acquisitions to develop greater breadth in adhesives. Edge Adhesives Texas is a […]

NLBMDA Joins the Call for Government Intervention on Lumber Prices

Mar 30th, 2021

The National Lumber & Building Material Dealers Association sent a letter earlier this week to U.S. Department of Commerce Secretary Gina Raimondo regarding the continued volatility of lumber prices and the effects it is having on the LBM industry, residential construction and the larger economy. The letter requests a meeting with Secretary Raimondo and her […]

After Slow First Quarter, Top Expert Sees Another Strong Year for Housing

Jan 25th, 2021

While 2020 will forever represent a blight on world history, so far as the U.S. economy is concerned it managed to include one bright spot: housing. In January 2020, ahead of the coronavirus, leading experts told [DWM] that even if an economic downturn were to occur, residential construction was expected to continue, despite the circumstances. […]

Residential Construction Slows, but Employment Still Ticks Up

Apr 5th, 2019

Residential construction was down in February, but this had no negative impact on industry employment, according to the most recent federal government data. The U.S. Census Bureau reports total construction increased 1 percent from January to February and 1.1 percent from February 2018 to February 2019 on a seasonally adjusted annualized rate. The lukewarm total […]

Six to 9 Percent Growth Predicted for Housing this Year

May 16th, 2016

Is construction gaining or waning? That was the question industry economists addressed recently in a spring economic forecast webinar hosted by CMD Group. In terms of the overall U.S. economy, American Institute of Architects (AIA) chief economist Kermit Baker­ said that despite a weak first quarter, gross domestic product gains are expected to be 1.5 […]

Residential Construction: One of Small Business’s Fastest-Growing Industries

Sep 3rd, 2015

It’s a good time to be in residential construction. A recent report by Sageworks, a financial information company, ranks residential building construction as the ninth-fastest-growing industry for small businesses. According to the report, which considers small businesses to be “privately-held companies with annual sales less than $5 million,” the sector had a 12.8 percent year-over-year […]

July Construction Recedes Two Percent Overall but Building Numbers Grow

Aug 22nd, 2013

According to the latest construction starts numbers, released by McGraw Hill Construction, new construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to the report. Residential building in July showed further growth. For the first seven months of 2013, total construction starts on an unadjusted basis were […]

X
This site uses cookies which allow us to give you the best browsing experience possible. Cookies are files stored in your browser and are used by most websites to help personalize your web experience. By continuing to use our website, you are agreeing to our use of cookies. To find out more, please see our Privacy Policy.