Tag Archives: Kermit Baker

Political Outcomes Not Expected to Sway Demands for Housing

Manufacturers were assured this week that the result of a presidential election should have minimal impact on demands stemming from housing. But that didn’t stop the Window and Door Manufacturers Association (WDMA) from delving into the election as part of … Continue reading

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Nonresidential Building Spending to Decline Through 2021

As a result of the partial economic shutdown, businesses and organizations will continue to be hesitant to invest in modernized or new facilities, according to a mid-year update to the American Institute of Architects’ (AIA) Consensus Construction Forecast. The trend … Continue reading

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Construction Economy Continues Up, But Not Without Challenges

Is construction gaining or waning? That was the question industry economists addressed last week in a spring economic forecast webinar hosted by CMD Group. In terms of the overall U.S. economy, American Institute of Architects (AIA) chief economist Kermit Baker­ … Continue reading

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Stage Set for Employment Cost Increase in Construction Industry

As the U.S. construction industry continues its recovery, the much-discussed labor shortage will continue to change its scope. With that change will also come an increase in pay for workers, according to Associated General Contractors of America (AGC) chief economist … Continue reading

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ABI Remains Strong with Only Slight Dip in August

On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services signaled in the latest Architecture Billings Index (ABI). As an economic indicator of construction activity, the … Continue reading

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