The Fenestration and Glazing Industry Alliance has released the FGIA 2024/2025 Study of the U.S. Market for Windows, Doors and Skylights. The bi-annual report delivers timely information on residential and non-residential market trends and product relationships for both residential and non-residential fenestration products.
Being resilient means various things to different people, but at its core, it’s about being able to withstand or recover from adversity. And one thing is certain; the built environment experienced its share of challenging conditions in the past three years, making resiliency more important than ever.
A variety of factors since 2020 have contributed to surprising growth in construction, with markets surprisingly strong last year, writes Chris Sleight, managing director of Off-Highway Research.
New industry outlook shows firms are counting on public sector, data center and manufacturing construction to offset declines in retail, lodging and office work; two-thirds of firms plan to hire but many worry about inflation
Construction contractors have a decidedly mixed outlook for 2024, as firms predict transitions in demand for projects, the types of challenges they will face and the technologies, including artificial intelligence, they will embrace, according to survey results the Associated General Contractors of America and Sage released Jan. 4.
The industrial insulation market size is projected to reach $5 billion by 2027, at a CAGR of 5.4 percent from 2022. The power industry had the largest market share in 2021, followed by the oil & petrochemical segment during the forecast period.
The top economist in the cement, concrete and construction industries predicts a stronger U.S. economy during the first half of this year than was previously expected but believes there will likely be a slowdown in economic growth starting this summer.
FMI Corp. released its quarterly construction services outlook, titled “2023 M&A Outlook for Construction Services.” The outlook includes the company’s research on current trends that could affect how 2023 will look for construction services.
The thermal insulation market is expected to grow from $53.39 billion in 2022 to $72.9 billion by 2028; it is expected to grow at a CAGR of 5.3 percent from 2022 to 2028.
New industry outlook survey shows contractors expect infrastructure and other public-sector funding will help as growth slows for many types of private construction, but labor shortages and supply chain issues persist
Construction contractors are less optimistic about many private-sector segments than they were a year ago, but their expectations for the public sector market have remained relatively bullish, according to survey results released Jan. 4 by the Associated General Contractors of America and Sage. The findings are detailed in High Hopes for Public Sector Funding Amid Workforce and Supply Chain Challenges: The 2023 Construction Hiring & Business Outlook.