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Tag Archives: interest rates
TODAY’S BLOG: Fewer Workers Move for Work
Connectivity has been a boon for companies searching far and wide for quality workers. Businesses can wade deeper into a larger pool of prospective workers thanks to online job boards. Of course, the hiring process hasn’t all been rainbows and … Continue reading
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
Posted in Featured News, News, Today's News
Tagged Construction, Dodge Construction Network, economy, inflation, interest rates, labor shortages
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Construction Starts Surge in July Thanks to Mega Projects
Total construction starts surged 48% in July to a seasonally adjusted annual rate of $1.36 trillion thanks to the start of three large manufacturing plants and two LNG export facilities, the Dodge Construction Network reports. Even without the five major … Continue reading
Posted in News, Today's News
Tagged 90Ninety, BlueOval City manufacturing campus, BlueOval SK Battery Park Ford plant, construction starts, Dodge Construction Network, Domino Sugar Factory, inflation, Intel Semiconductor plant, interest rates, LNG export facilities, nonresidential building projects, OneJournal Square
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Commercial and Multifamily Starts in Largest US Metro Areas Increase by 24 Percent
The value of commercial and multifamily construction starts in the top 20 metropolitan areas of the U.S. increased by 24% from 2021 throughout the first six months of 2022, according to the Dodge Construction Network. Throughout the U.S., commercial and … Continue reading
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
Posted in Featured News, News, Today's News
Tagged Americans, car loans, China, combat, COVID, credit, credit cards, economy, Federal Reserve, Federal Reserve Chairman, Freddie Mac, Girard Glass, global economic activity, Guardian Glass, higher borrowing costs, home equity, interest rates, Jerome Powell, Lance Altizer, largest increase, mortgages, price increase, Rick Leserman, Rick Zoulek, rising inflation, Russia, supply chain, Ukraine
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