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

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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

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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

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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

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