Tag Archives: economy

Construction Growth to be Stifled in 2023

Inflation is determining the path of the economy, says Richard Branch, chief economist for Dodge Construction Network (DCN) during the organization’s Annual Outlook Forecast Conference. However, Branch adds that core inflation is improving thanks to aggressive actions taken by the … Continue reading

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Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation

The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. The rate hike is the largest increase since 1994. This … Continue reading

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Glaston Delivers Positive Results in January-September Report

Glaston Corp. has released its interim report for January-September 2021. Orders received totaled $185 million, whereas net sales totaled $152 million. According to the report, orders received saw a healthy recovery from January-September, indicating positive development for both the machines and services business throughout … Continue reading

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One-Third of Metro Areas Lose Construction Jobs Between August 2020 and 2021

Nearly one-third of U.S. metro areas lost construction jobs between August 2020 and August 2021, according to an analysis by the Associated General Contractors of America of government employment data. Association officials noted that the job losses are occurring as … Continue reading

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Could There be a More Important Year for Manufacturing Day?

On the first Friday of October, and continuing throughout the month with various events, companies across all sectors seek to raise awareness of manufacturing and why the field represents a viable career path. Hosted annually by the National Association of … Continue reading

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