An industry-first data offering from John Burns Research & Consulting, Irvine, Calif. and Home Innovation Research Labs, Bethesda, Md. tracks current and historical U.S. residential installed volumes (final demand) for concrete and 17 other material or product categories. The Building Products Demand Meter, profiled at www.jbrec.com, measures volumes and year-over-year growth rates in new building, repair and remodel segments back…
Read MoreTag: National Association of Home Builders
NAHB affiliate, consultant launch Residential Building Products Demand Meter
Sources: John Burns Research and Consulting, Irvine, Calif.; CP staff An industry-first data offering from John Burns Research & Consulting and Home Innovation Research Labs tracks current and historical U.S. residential installed volumes (final demand) for concrete and 17 other material or product categories. The Building Products Demand Meter, profiled here, measures volumes and year-over-year growth rates in new building, repair…
Read MoreThe New Home Market Is Driving Housing Demand
Last month, I focused on the general housing inventory issue, which has gone from serious to critical in many markets. I opined that we won’t see any relief from these inventory challenges until interest rates start to fall, but there is more that comes into play beyond interest rates that will steady the housing market; another factor is simply builder…
Read MoreThe Economic Fun Is Here – Will Delta Derail It?
Various reports from our industry press mark a jump in ready mixed concrete production in April, which is just a thumbnail indicator of the health of the overall economy. Production was estimated at 35.6 million cubic yards, an astonishing 20 percent higher than in April 2020. Moreover, the estimated production nationally through April is 114.3 million cubic yards, approximately 6.8…
Read MorePRODUCERS – MARCH 2020
Eagle Materials Inc. directors have taken a key step toward mid-year separation of cement- and gypsum wallboard-centered Heavy and Light Materials businesses into independent, New York Stock Exchange-traded companies, both Dallas based. Leading the Heavy Materials namesake will be current Chairman Mike Nicolais and President and Chief Executive Officer Michael Haack. Leading the Light Materials business, operating as American Gypsum Company, will be Chairman Dave Powers, former Eagle Materials CEO and current director, and President and CEO Craig Kesler, current chief financial officer.
Read MoreA breath of fresh air from the National Association of Home Builders
By: Pierre G. Villere
The top line economic indicators are mixed these days, but we remain bullish at our firm about the future of the construction industry. My frustration is with the press, from CNBC to the major news networks on both the conservative and liberal sides of the political spectrum, with their need to fill the day with news. This results in long, anguished speculation about the state of the economy, and just more of the Chicken Little Syndrome, as I call it (“The sky is falling! The sky is falling!”).
Read MoreTop forecasters confirm private sectors’ growth prospects
The Associated Builders & Contractors, American Institute of Architects and National Association of Home Builders chief economists assembled in Washington, D.C., for a mid-year market forecast, outlining stable to strong residential and commercial project activity through 2017.
Read MoreLead construction economists confirm private sectors’ near-term growth prospects
Source: Associated Builders and Contractors, Washington, D.C.
The Associated Builders & Contractors, American Institute of Architects and National Association of Home Builders chief economists assembled in Washington, D.C., for a mid-year market forecast, outlining stable to strong residential and commercial project activity through 2017.
Read MoreBuilders see housing start increases continuing in double-digit percentage range
Sources: National Association of Home Builders, Washington, D.C.; CP staff
Job growth, rising consumer confidence, higher household formations and pent-up demand are helping to bring prospective home buyers back into the market. “A number of positive indicators provide solid evidence this will be a good year for housing and the economy,” affirmed NAHB Chief Economist David Crowe in Las Vegas, site of the 2016 International Builders’ Show.
Read MoreORGANIZATIONS – OCTOBER 2015
The American Concrete Institute has promoted key staff with an eye to increasing alignment and flow from ACI technical documents to educational products: Michael Tholen to managing director of Engineering and Professional Development, Claire Hiltz to manager of Professional Development, and Matthew Senecal to manager, Engineering.
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