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Tag Archives: Federal Reserve
Non-Residential Construction Starts Increase as Projects Enter Backlog
Construction starts are forecast to rise 9% in 2022, prompting Richard Branch, chief economist with Dodge Construction Network, to say he feels “reasonably positive” about the industry’s trajectory. But with many projects just now entering backlogs, some sectors may have … Continue reading
Posted in Featured News, News, Today's News
Tagged 2022, Amazon, backlogs, Bid prices, chief economist, commercial construction, construction starts, Data centers, Dodge Construction Network, Dodge Construction Network 2022 Mid-Year Outlook, Dodge Momentum Index, education starts, Federal Reserve, forecast, health care starts, hotel sector, inflation, institutional building starts, interest rates, labor shortage, pandemic, recession, retail sector, Richard Branch, rise, rural and suburban areas, sectors, solid recovery, Ukraine, Uncertainty, wait, war, warehouse starts, webinar, “real resurgence”
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Total Construction Starts Inch Higher in April
The Dodge Construction Network reports that total construction starts rose 3% in April to a seasonally adjusted annual rate of $945.8 billion. The same report shows nonresidential building starts rose 6% and residential starts increased by 4%, while nonbuilding starts … Continue reading
Posted in News, Today's News
Tagged 2-10 54th Avenue apartments, Aggie Square Life science building, Caesar Virginia hotel and casino, Civic Square condominiums, commercial starts, Dodge Construction Network, Federal Reserve, institutional starts, manufacturing starts, multifamily structures, nonbuilding starts, Nonresidential building starts, residential starts, Richard Branch, Rose Gaming Resort, seasonally adjusted annual rate, total construction, Total construction starts
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Federal Reserve Using ‘Full Range of Tools’ to Keep Economy Going
Following initial economic impacts in early 2020, glass companies consistently report that they’re pleasantly surprised—if not perplexed—by robust demand amid COVID-19. “Quite frankly, I’m surprised that demand has been what it is,” says Jeff Jackson, president and CEO of PGT … Continue reading
Posted in Featured News, News, Today's News
Tagged COVID-19, Federal Reserve, household economics, Jeff Jackson, PGT Innovations, shower doors
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Recent Data Supports Positive Industry Outlook
In a huge upside surprise the U.S. economy added 2.5 million jobs in May – consensus estimates were looking at a potential decline in employment of between 4 to 8 million jobs, according to a recent report from Dodge Data … Continue reading
