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US Construction Outlook 2017: ConstructConnect
In US residential construction, the multi-family homebuilding segment has returned to a level of starts on a par with before the Great Recession, said Alex Car- rick, Chief Economist for ConstructConnect (formerly Reed Construction Data), December 1. Single-family groundbreakings, while considerably better than they were in 2010, are still languishing below their previous ‘norm’. Many…
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US Building Material Prices: October 2016
The latest Producer Price Index (PPI) release by the Bureau of Labor Statistics revealed that the prices for the building materials softwood lumber, OSB, gypsum products, and ready-mix concrete all fell during October. National Association of Home Builders’ Eye on Housing staffer David Logan takes a look at the declines for these materials, specifically pointing…