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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output. in 2023 and 1.2%

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2020 Builder of the Year: True Homes—a Culture Like No Other

Pro Builder

2020 Builder of the Year: True Homes—a Culture Like No Other. Wed, 12/02/2020 - 12:30. True Homes is Pro Builder 's 2020 Builder of the Year, in large part because of the home builder's purpose-driven company culture, which is yielding truly amazing results. Mike Beirne, Senior Editor. And it works. Not any more.

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

In September, the HMI stood at 46, after peaking at 90 in late 2020, and it was 83 in January of this year —for the HMI, anything below 50 indicates poor market conditions. Another important indicator of industry health is the rate of single-family housing starts, which increased by 13% in both 2020 and 2021. Census Bureau.

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True to Itself: True Homes' Purpose-Driven Company Culture Is Like No Other

Pro Builder

Wed, 12/02/2020 - 08:40. True Homes is Pro Builder 's 2020 Builder of the Year, in large part because of the home builder's company culture, which is yielding truly amazing results. True to Itself: True Homes' Purpose-Driven Company Culture Is Like No Other. Mike Beirne, Senior Editor. And it works. Not any more.