- Nonresidential Construction Growth Continues In ’07
Construction will experience a supportive economic environment again in 2007, with the nonresidential construction sector sustaining its boom, although its growth rate will slow gradually over the year. Spending on nonresidential construction expanded at a 16% annual rate during the year ending September, but growth has currently slowed to 11-12% ......
- Nonresidential Market Good; Heavy Construction Looking Tighter
Reed Business economist Jim Haughey reports that economic indicators show a strong environment for nonresidential construction. In the nonresidential building market, all economic factors are positive, except those for manufacturing plants, says Haughey. For commercial real estate, rental rates are rising strongly, vacancy rates are falling slowly and new-space demand ......
- Status and Forecast
Total Construction Spending After four consecutive increases, spending fell 0.3 percent in June due to a weak month for the still-booming nonresidential building market and more funding problems for heavy construction. Little change is expected in the next few months. Inflation-adjusted spending is projected to decline further until the end ......
- Two new construction employment series for specialty trade contractors
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- The Good Times Roll On
Analysts in some parts of the country may be looking at recent softness in their local real estate markets and worrying that a slowdown in construction is near at hand, but that's not the case in the Pacific Northwest. With property values continuing to climb, local economies holding steady and ......
- Digging into Construction Data
Data on the construction industry is widely available, and you can use it to improve the profitability of your business.
- Nonresidential construction to stay strong in '06
The economic environment for construction remains strong in 2006. The fourth year of economic expansion will be a much better environment for the nonresidential than the residential construction market. After a brief post-hurricane rebound early in the year, GDP growth will resume slowing, dropping to a 3.0–3.5% pace by the ......