This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
through 2019, according to a new consensus forecast from The American Institute of Architects (AIA). Nonresidential construction spending on buildings is projected to grow by 4.4%
The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.
Though there were a record number of hotels planned and underway as of the close of the year, Lodging Econometrics' results and forecast do not include the potential impact of the coronavirus.
Manitou reported 2019 revenue of about $2.3 The company forecast 2020 sales to decline about 10 percent. “?The The group ended the year 2019 with a revenue that exceeded the 2 billion euro mark for… billion (2.09 billion euro), up 11 percent over 2018 numbers, with North American sales up 15 percent.
Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel.
Fed Economist Forecasts Uptick in Single-Family Construction. Thu, 10/06/2022 - 10:24. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . New-Construction Projects. Single-Family Homes. Planning + Development. New-Construction Projects.
The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.
Last year brought bold moves that bolstered nearly every realm of the construction industry. Tax cuts and reduced regulations buoyed the stock market, and many construction firms geared up for a continuation of the growth seen during 2017. Then came the tariffs tiff, igniting a trade war affecting…
The American Rental Association forecasts construction equipment rental in the U.S. percent in 2019, with growth rates of 2.3 The group forecasts 2023 revenue to reach $43.9 percent in 2020, 3.0 percent in 2021, 3.7 percent in 2022, and 3.1 percent in 2023. Total revenue from…
is forecast to rise 3% in 2019, according to FMI’s First Quarter 2019 North American Construction Outlook. Spending growth in 2019 is expected to be led by public investment across both non-residential buildings and non-residential structures. Total engineering and construction spending for the U.S.
Therefore, the forecast for global construction output growth in 2019 has been revised down to 2.7%, which will be the slowest pace of growth in a decade, according to GlobalData, a leading data and analytics company.
Multifamily housing will remain a robust market for A/E/C companies heading into 2020, according to the most recent results of PSMJ’s Quarterly Market Forecast (QMF) survey.
To register, visit 2019 Dodge Outlook. The forecast, presented by Dodge Chief Economist Robert Murray, also offers critical data for members of the media covering economic and sector-based trends. The 2019 Dodge Construction Outlook Executive Conference. 24-25 in National Harbor, Maryland.
pace of growth through 2019. . Despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings is projected to increase 4.0% this year and continue at a 3.9%
According to the report “ Smart Cities Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 ,” the global smart cities market is expected to reach a value of $1,265.85 billion by 2019, growing at a CAGR of 14.0% from 2013 to 2019. billion by 2019.
Thanks to economist Danushka Nanayakkara-Skillington, the NAHB’s Assistant Vice President for Forecasting & Analysis, and Robert Dietz, PhD, NAHB Chief Economist, who presented the data at the 2019 NAHB International Builders’ Show.
Economists polled by Dow Jones forecasted a decline of over 8 million jobs, but in May, the economy actually added 2.5 Economists warn that we’re still behind last year as the nonresidential stats trail 286,000 jobs compared to the same time in 2019. Economists polled by Dow Jones had forecasted a decline exceeding 8 million jobs.
FMI is forecasting total engineering and construction spending to be down 1 percent for the year, compared to 0 percent growth reported in 2019. Acknowledging the uncertain effects of the Covid-19 crisis, FMI suggests this as the most likely scenario among those it analyzed. In a video, Jay Bowman…
percent through 2019, according to a new consensus forecast from The American Institute of Architects. Learn more about this Consensus Construction Forecast online. The post Nonresidential Building Spending to Grow through 2019, Cautious Outlook for 2020 appeared first on Construction Superintendent.
of what they were in 2019. relative to the comparable 2019 totals. NAHB’s forecast calls for multifamily construction to decline more than single-family construction as a result of the 2020 downturn. Single-family permits jumped nearly 12% last month, only 1.8% Read More. . CORONAVIRUS: RESOURCES AND INFORMATION.
Associated Builders and Contractors’ Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties. Indeed, one of the sources of strength for the U.S. economy over the last year has been.
Schools plan these projects well in advance of when they actually start, and they use accurate construction cost data to forecast prices and to budget appropriately. . For schools, summer is a time to ramp up construction work, complete safety upgrades, and renovate academic, athletic, and artistic spaces.
percent compared to 2019, according to the latest updated forecast released today by the American Rental Association (ARA). Equipment and event rental companies are expected to generate $58.1 billion in revenue in the United States in 2020, up 3.8 Construction and industrial equipment rental is…
However, quite the contrary, the AIA Consensus Construction Forecast panel is projecting a modest pick-up in the growth rate, and another solid performance in 2019. The relatively steep slowdown in the growth in construction spending in recent years might suggest that this year might result in a decline in overall spending.
The freight transportation forecast firm FTR reports that preliminary trailer orders for December were the lowest since August, at 16,500 units. Trailer orders for 2019 totaled 203,000 units. December trailer orders were down 17 percent month-over-month and down 41 percent year-over-year.
According to the report “Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services – Worldwide Market Forecasts and Analysis (2014-2019), “ infrastructural development and technological advancements are the primary factors driving the growth for the facility management market. Posted by Heidi Schwartz.
Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. WASHINGTON, D.C. but the headline statistics make.
Panelists are now more optimistic than they were even before the pandemic, forecasting a 3.7% increase in the Q3 2019 survey.[1]. average forecasted growth from 0.9% increase in home prices this year compared to an average expectation for a 2.5% Expectations for home prices in 2021 were also raised, up to 2.7% last quarter.
Equipment rental industry revenue is projected to hit nearly $60 billion in 2021, according to the latest forecast from the American Rental Association. The ARA Rental Market Monitor five-year forecast projects total rental revenue in the U.S. percent in 2019, 4.9 The trade group expects annual growth at 4.7 to grow by 4.5
The May Home Price Index and HPI Forecast conducted by CoreLogic predicts a year-over-year home price decrease of 6.6% If the data’s forecast of dropping prices occurs, it would be the most dramatic decrease since September 2009. from the same month in 2019 and 0.7% by next year, according to Barron’s. by May 2021. Read More.
The TBBA has twice named him Builder of the Year, and in 2019 the FHBA inducted him into the Florida Housing Hall of Fame. higher through May compared with the first five months of 2019—metrics consistent with NAHB’s forecast that housing will be a leading sector in an emerging economic recovery. . CHART HERE PLS RICH. .
Fleet managers report revenue growth far below forecasts half-way through 2019. In fact, revenue growth is on track to be lower than 2018’s performance. Even so, equipment pros have expanded fleets and improved overall condition as expected. Construction Equipment sent email invitations to select…
of all home closings in 2019, while the market share among the top 20 continued to grow … often by gobbling up well-run and profitable builders occupying the ranks below them. . Previous: 2019 Housing Giants Report. . winner of an NHQ Gold Award in 2019 , which rose four places to No. And why should they? Then there’s No.
Dodge Data & Analytics recently released its 2020 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. construction starts will slip to $776 billion in 2020, a decline of 4% from the 2019 estimated level of activity. The report predicts that total U.S.
Rental industry revenue is projected to grow at least 7 percent per year through 2018, according to projections by the American Rental Association (ARA) in its ARA Rental Market Monitor forecast. ARA expects 2019 revenue to grow 6.5 Total equipment rental revenue is expected to grow 7.3 percent in 2015, 7.8 percent in 2016, 7.3
Lakewood Ranch also experienced a 30% increase in sales from 2019 to 2020, as The Villages only saw a 1% increase. Sales within the Top-10 MPCs were over 12% higher than their 2019 counterparts. . This retiree-focused community has lived at the top for years, but the second top seller, Lakewood Ranch in Sarasota, Fla., Read More. .
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content