Economics

Economics (24)

Labor Costs, Wages Up As Market Tightens

Construction labor costs across the board in the U.S. and Canada rose in February as subcontractor prices saw large gains, according to information from IHS Markit and the Procurement Executives Group (PEG).

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Construction Spending Hits Record High

Construction spending rose to a “record high” in November thanks to public and private outlay gains. So reports Reuters.

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Housing Starts Dip, Builder Confidence Climbs

A recent report from the U.S. Census Bureau and the Department of Housing and Urban Development indicates seasonally adjusted national housing starts dipped 5.8% from July to August. However, August’s 1,142,000 starts were almost a full percentage point higher than 2015’s rate.

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Q2 Housing Makes Strong Showing, Outlook Positive

A pair of National Association of Home Builders indices point to steady improvements in the housing industry as metro area markets are returning to normalcy and builder confidence in the single family 55+ market ticked up.

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2016 Construction Trends Likely to Affect Your Bottom Line

Industries are always looking ahead, trying to predict the next best thing to help attract and retain customers while boosting their bottom line. Staying informed about new developments, be it products or services, can help you target the trends that can most affect your business.

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Roofing Industry Global Forecast for 2014-2020

The new report provides a detailed analysis and forecast of the roofing market on a global and regional level for between 2014 and 2020. That's according to Report Linker.

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4 Reasons Housing Will Finish Strong in 2015: Researchers

Four factors—demand, mortgage rates, inventory and prices—are lining up in housing’s favor, according to many economists. So reports Construction Dive

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Cost-effective Steps to Improve Cost Management & Monitor Financial Data

Construction companies are working within tight margins in an industry that is being heavily impacted by a rise in costs for materials, skilled workers, project specialists, and tendering. So reports Global Construction.

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Global Smart Building Growth Predicted: Report

A recent research report, Global Smart Building Market 2015-2019, forecasts a steady growth for the worldwide smart building industry. So reports Reportsnreports.com.

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Nonresident Construction Spending Soars

The Census Bureau released data regarding nonresidential construction spending for April, including upwardly revised spending updates for February and March 2015. So reports Associated Builders and Contractors.

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