The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue…
Browsing: 2023
Multifamily starts are predicted to fall in 2023, following an unsustainable high level of production last year, according to the National Association of Home Builders (NAHB).…
While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according to…
PlanHub, a cloud-based software as service (SaaS) preconstruction platform, has released its inaugural construction industry report. The 2022 PlanHub Construction Industry Report provides a snapshot of…
The Equipment Leasing & Finance Foundation (the Foundation) has released the December 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both…
Demand for design services from architecture firms continued to decrease in November, according to a new report from The American Institute of Architects (AIA). The pace…