Aug. 4, 2020 – Vulcan Materials released its second-quarter report and aggregates sales were up. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “Although the economic environment is showing signs of improvement, the pandemic’s effect on demand and the broader economy remains unclear. As a result, we are not reinstating earnings guidance at this time. While demand is…
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Simonson Said
Dec. 23, 2019 – Associated General Contractors (AGC) Chief Economist Ken Simonson is looking ahead to 2020. Despite staffing challenges, contractors are optimistic, on balance, regarding their hiring plans and the volume of work available in 2020 for nonresidential and multifamily construction, based on a survey that AGC just released. Respondents were asked whether the available dollar volume of projects they…
Read MoreNew Report Offers Construction Outlook
FMI Corp. released its “2019 FMI Overview,” featuring FMI’s latest forecast, the 2019 U.S. and Canada Construction Outlook. The publication offers comprehensive construction forecasts for a broad range of market segments and geographies in the United States and Canada and provides valuable insights from FMI executives on how to navigate the next 12 months.
Read MoreTransportation Spending Predicted to Increase 13 Percent
According to FMI’s U.S. Construction Outlook Third Quarter 2018 Report, total engineering and construction spending for the United States is forecast to be up 6 percent in 2018, compared to up 5 percent in 2017.
Read MoreFMI Releases Q4-2013 Construction Outlook Report
FMI released its Q4-2013 Construction Outlook. The forecast predicts 2013 to end with 7 percent growth for the construction industry as a whole. Final statistics for construction-put-in-place will be available April 2014.
Read MoreThe Steady Climb: Outlook/Forecast 2014
Driven by a Surging Housing Market and Increased Infrastructure Spending at the State Level, 2014 Looks to Build on the Positive Growth of 2013.
Read MoreMultifamily Building Segment Looking Good
The Freddie Mac Multifamily Research Group released its mid-year multifamily outlook for 2013, which includes a new Freddie Mac Multifamily Investment Index that measures the attractiveness for investing in apartment properties. The new Index shows that apartments are still a good investment in most metropolitan markets it tracks.
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