NAHB veteran Malone named NRMCA chief operating officer

Sources: National Ready Mixed Concrete Association, Alexandria, Va.; CP staff Deborah Malone will join the National Ready Mixed Concrete Association as chief operating officer on June 17. She arrives after nearly two decades in the same capacity with the National Association of Home Builders, Washington, D.C. Along with day-to-day operations duties, her overall 30-year NAHB tenure spans many critical efforts—from…

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The Outlook For Housing Looks Promising This Year

All the arrows are pointing to an even stronger housing market in 2024 than many had expected, and this prospect is streaming through all manner of indicators, from builder confidence to buyer motivation. And this beyond the fact that interest rates have barely moved; the widespread enthusiasm is driven by the promise of three interest rate cuts in 2024 which…

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Residential Building Products Demand Meter premiers

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…

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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…

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The 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…

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The 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…

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PRODUCERS – MARCH 2020

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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.

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A breath of fresh air from the National Association of Home Builders

PGV headshot 2016

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!”).

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Lead 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.

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