Recovery slows as storm clouds gather over construction
Recovery slows as storm clouds gather over construction
Industry "moving towards a more subdued recovery phase"
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Industry "moving towards a more subdued recovery phase"
Industry "moving towards a more subdued recovery phase"
But business expectations dropped to a 29-month low as the government seems intent on talking and taxing the country into recession. The bellwether S&P Global/CIPS UK Construction Purchasing Managersโ Index posted 53.2 in October, up from 52.3 in September and the highest reading since May. Higher levels of business activity were attributed to a combination of new project starts and strong pipelines of unfinished work with commercial building the best performing sector.
But looking ahead c...
But business expectations dropped to a 29-month low as the government seems intent on talking and taxing the country into recession. The bellwether S&P Global/CIPS UK Construction Purchasing Managersโ Index posted 53.2 in October, up from 52.3 in September and the highest reading since May. Higher levels of business activity were attributed to a combination of new project starts and strong pipelines of unfinished work with commercial building the best performing sector.
But looking ahead c...
The underlying trend is evident despite higher costs and shortages of skilled labor.
The post Dodge Construction Data Points to Recovery appeared first on Commercial Property Executive.
The underlying trend is evident despite higher costs and shortages of skilled labor.
The post Dodge Construction Data Points to Recovery appeared first on Commercial Property Executive.
June 13, 2022
Eva Fedderly
KEYWORDS FEMA / hurricane / Lake Charles / Louisiana / natural / storm recovery
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As the 2022 hurricane season begins, cities such as Lake Charles, La., are still recovering from and repairing major damage caused by unprecedented back-to-back storms in 2020 and 2021.After much anti...
June 13, 2022
Eva Fedderly
KEYWORDS FEMA / hurricane / Lake Charles / Louisiana / natural / storm recovery
Order Reprints
No Comments
As the 2022 hurricane season begins, cities such as Lake Charles, La., are still recovering from and repairing major damage caused by unprecedented back-to-back storms in 2020 and 2021.After much anti...
June 13, 2022
Eva Fedderly
KEYWORDS FEMA / hurricane / Lake Charles / Louisiana / natural / storm recovery
Order Reprints
No Comments
As the 2022 hurricane season begins, cities such as Lake Charles, La., are still recovering from and repairing major damage caused by unprecedented back-to-back storms in 2020 and 2021.After much anti...
June 13, 2022
Eva Fedderly
KEYWORDS FEMA / hurricane / Lake Charles / Louisiana / natural / storm recovery
Order Reprints
No Comments
As the 2022 hurricane season begins, cities such as Lake Charles, La., are still recovering from and repairing major damage caused by unprecedented back-to-back storms in 2020 and 2021.After much anti...
The metro has the highest relative office pipeline when factoring in planned stock, among gateway markets.
The post Miamiโs Construction Slows, but Planned Stock High appeared first on Commercial Property Executive.
The metro has the highest relative office pipeline when factoring in planned stock, among gateway markets.
The post Miamiโs Construction Slows, but Planned Stock High appeared first on Commercial Property Executive.
Mortgage rates have been trending higher, housing supply has been painfully low, and home prices have been soaring to new heights. Little good news has spawned from the housing market in recent months. But recent reports are offering hope for many discouraged home buyers. According to Realtor.com and Redfin, more listings are coming up in the market and more home sellers are lowering their asking prices.
Mortgage rates have been trending higher, housing supply has been painfully low, and home prices have been soaring to new heights. Little good news has spawned from the housing market in recent months. But recent reports are offering hope for many discouraged home buyers. According to Realtor.com and Redfin, more listings are coming up in the market and more home sellers are lowering their asking prices.
Dive Brief:
The national industrial construction pipeline increased to 689.4 million square feet, an all-time high, as retailers continued to gobble up warehouse space to store long-delayed inventory, according to a report from New York-based commercial real estate advisory Newmark.ย
New construction delivered 97.5 million square feet in the third quarter of 2022, a modest increase from last quarterโs 84.9 million square feet. Absorption remained over 100 million square feet for the sixth co...
Dive Brief:
The national industrial construction pipeline increased to 689.4 million square feet, an all-time high, as retailers continued to gobble up warehouse space to store long-delayed inventory, according to a report from New York-based commercial real estate advisory Newmark.ย
New construction delivered 97.5 million square feet in the third quarter of 2022, a modest increase from last quarterโs 84.9 million square feet. Absorption remained over 100 million square feet for the sixth co...
Private commercial new work alone surged 12% after a large monthly decrease of 7% in April, linked to office space refurbishments increasing, as employees return to offices. Government economists at the Office for National Statistics have also revised figures since the start of the year, ironing out the last reported 0.4% dip in output in April. Official statistics now put the industry into its the seventh consecutive month growth, following the upwardly revised increase (0.7 percentage point...
Private commercial new work alone surged 12% after a large monthly decrease of 7% in April, linked to office space refurbishments increasing, as employees return to offices. Government economists at the Office for National Statistics have also revised figures since the start of the year, ironing out the last reported 0.4% dip in output in April. Official statistics now put the industry into its the seventh consecutive month growth, following the upwardly revised increase (0.7 percentage point...
Dan Springer stepped down as CEO of DocuSign on Tuesday amid slowing growth, widening losses and a flagging share price.
The post DocuSign CEO steps down as growth slows appeared first on HousingWire.
Dan Springer stepped down as CEO of DocuSign on Tuesday amid slowing growth, widening losses and a flagging share price.
The post DocuSign CEO steps down as growth slows appeared first on HousingWire.