Construction industry

New building materials reconditioning the construction industry

One year later, the construction industry emerges with new growth strategies responding to ongoing struggles of securing qualified trades prepared to meet industry demands in a competitive and regulated market. Cost concerns remain a primary consideration for the construction as industry efficiency standards present challenges to balancing the project's budget.
11 August, 2021
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Industry leaders, partnering and new construction developments

The past year has been challenging, yet industry leaders are optimistic about 2021 and the construction industry's future. Today there's a stronger sense of confidence within the industry as companies take steps to build stronger relationships with project teams and reliable industry resources while developing healthier environments and profitable bottom-lines.
28 June, 2021
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Material Shortages and Higher Costs Have Slowed Down New Home Sales in 2021

New home sales took an unexpected hit in the month of February in spite of increasing demand for single-family homes, dropping 18.2% from January's numbers. Nevertheless, industry experts say they aren't concerned about the housing market's long-term fundamentals and have attributed this dip in sales to short-term factors such as rising lumber costs and material shortages. In this article, we'll take a detailed look at the factors that have attributed to this recent drop in new home sales as well as discuss the housing market's outlook for 2021.
28 June, 2021
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Construction industry market segments to impact economic recovery

So far, market trends are pushing the market upward, adding confidence to a projected recovery. As the market economics shift, the construction industry is expected to see an increase in project development activity — some consisting of backlogs and other new developments to support the growing public service needs.
05 May, 2021
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