The National Association of Home Builders redesigned its Multifamily Market Survey in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for...
The Equipment Leasing & Finance Foundation (the Foundation) has released the May 2023 Monthly Confidence Index for the Equipment Finance Industry. The index reports a qualitative assessment of both the prevailing business conditions and...
Architecture firms reported a modest decrease in April billings. However, there was a slight increase in inquiries into future project activity according to a report released May 24 from The American Institute of Architects. ...
Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including building material...
The Dodge Momentum Index, issued by Dodge Construction Network, fell 2.0% in May to 180.5 (2000=100) from the revised April reading of 184.1. Over the month, the commercial component of the DMI fell 6.1%,...
Capstone Partners, a middle market investment banking firm, released its May 2023 Construction Services Sector Update, reporting that elevated construction spending, increased project backlogs and continued employment growth have driven acquisition activity. While macroeconomic...
The construction sector added 25,000 jobs in May while the sector’s unemployment rate fell to its second lowest rate for the month and pay levels in the industry continued to rise, according to an...
The Marcum Commercial Construction Index for the first quarter of 2023 reports that the construction industry retains momentum despite still-elevated inflation and ongoing labor shortages. Despite that momentum, the combination of high interest rates...
Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply disruptions. Sales of...
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