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Home » economic analysis

Articles Tagged with ''economic analysis''

AIA logo

Nonresidential Construction Spending Projected to Increase Through 2023

January 29, 2022
No Comments

According to a new report from AIA, the nonresidential building sector is expected to see a healthy rebound through next year after failing to recover with the broader economy last year.


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WC0122-CLMN-Up-Front-Mark-Fowler-p1FT-1170x658.jpg

What 2022 Means for the Industry

INFLATION AND THE SUPPLY CHAIN SHORTAGE HAS IMPACTED CONSTRUCTION IN THE SHORT TERM—BUT WHAT ABOUT THE LONG TERM?
Mark Fowler
Mark Fowler
January 26, 2022
No Comments

Construction executives have cooled their expectations about the foreseeable future of construction.


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AGC logo 1170x878

Construction Jobs Added in Two-Thirds of Metro Areas

Sacramento--Roseville--Arden-Arcade, Calif. and Worcester, Mass. Post Largest Year-over-Year Increases; Nassau County-Suffolk County, N.Y. and Evansville, Ind.-Ky. Experience the Worst Declines over 12 Months
November 30, 2021
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Between October 2020 and October 2021, nearly two out of three U.S. metro areas added construction jobs.


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AGC logo 1170x878

Prices for Construction Materials Increase, Materials Not Delivered on Time

Construction Officials Call for Immediate Removal of Tariffs on Key Construction Materials, Urge Congress and the Administration to Take Steps to Repair “Every Level” of the Supply Chain
September 10, 2021
No Comments

The prices contractors pay for construction materials continued to increase in August while many firms report struggles to get those materials delivered on time.


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AGC logo 1170x878

Construction Workforce Shortages Reach Pre-Pandemic Levels

Eighty-Nine Percent of Contractors Are Having a Hard Time Finding Craft Workers, While 88 Percent of Firms Are Experiencing Project Delays and 93 Percent Are Affected by Rising Materials Prices
September 8, 2021
No Comments

AGC and Autodesk's survey results underscore how the coronavirus pandemic has created constraints on the demand for work even as it limits the number of workers available to hire.


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hempitecture logo

Hemp Building Material Manufacturer To Expand to the Magic Valley

Hempitecture Inc. will manufacture sustainable hemp-based insulation potentially replacing fiberglass insulation and other conventional building materials.
June 14, 2021
No Comments

The proposed facility will manufacture HempWool, a sustainable, high-performing fiber insulation for residential and commercial construction projects. The plant-based insulation product captures CO2, helping build healthier and more sustainable homes. 


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makita logo

Makita USA Growth Continues With Land Purchase in Atlanta Region

February 16, 2021
No Comments

Makita U.S.A., Inc. is continuing its commitment to future growth in the U.S. market with the purchase of 80 acres in  Georgia.


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AGC logo

Construction Spending Diverges in December

Demand for Nonresidential Construction and Public Works Will Decline Amid Ongoing Pandemic Concerns, Worsening State and Local Budgets as Association Officials Call for New Recovery Measures
February 12, 2021
No Comments

Construction spending in December exhibited sharply varied trends, with downturns from a year earlier in every private category, mixed results for public construction, and double-digit increases in residential construction, according to an analysis by AGC.


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AGC logo

AGC Officials to Release New COVID-19 Data

October 27, 2020
No Comments

On Wednesday, October 28 at 2 p.m. EDT, the Associated General Contractors of America will release new data showing the ongoing impacts of the coronavirus on the construction sector and its impacts on metro area construction employment. 


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PCA logo

PCA Forecasts Cement Consumption Decline

Projections Based on Multiple Economic Recovery Scenarios Due to COVID-19
October 16, 2020
No Comments

The Portland Cement Association (PCA) released its annual Fall Forecast which predicts a modest decrease in cement consumption during 2020 and 2021. 


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