Tag: interest rates
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ABC: Manufacturing activity continues to drive nonresidential growth
Read More →: ABC: Manufacturing activity continues to drive nonresidential growthWhile manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction…
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Navigating tricky economic terrain
Read More →: Navigating tricky economic terrainHigh interest rates and slower economic growth will put increasing pressure on construction and manufacturing in 2024.
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Dodge: Construction starts slip in October
Read More →: Dodge: Construction starts slip in OctoberDodge Construction Network notes total construction starts were down 7 percent in October. Nonbuilding and residential starts saw declines, while nonresidential starts…
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PCA: Cement consumption decline expected in 2023
Read More →: PCA: Cement consumption decline expected in 2023Due to increasing inflation and interest rates, the Portland Cement Association (PCA) projects a 3.5 percent decline in cement demand in 2023.