- 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 ......
- 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 ......
- FAS and U.S. industry team up to promote value-added
wood products.
Over the past five years, U.S. exports of value-added wood products rose 15 percent to $4.4 billion, including some significant gains in the Caribbean, Europe and the Far East. From 1991 to 1995, sales of U.S. value-added wood products(1): * Rose 36 percent to $1.1 billion in Japan. * Increased ......
- China's Construction Market: A New Star in the
East.
After decades of virtually no housing starts--and no income with which to refurbish existing structures--the trillion--dollar Chinese Li economy is poised to enter a new era where private market forces will direct and shape the newly released purchasing power of China's middle class. Construction companies now number in the thousands, ......