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The Market Trends Driving the Transportation Industry in 2021

Construction Business Owner

The Market Trends Driving the Transportation Industry in 2021. Fri, 02/12/2021 - 07:19. However, E&S investment is forecasted to return to positive territory during the second half of 2020 and entering 2021. Elizabeth Manning.

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2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022

BD+C

decline in construction spending for 2021, according to a new consensus forecast from The American Institute of Architects (AIA). Slowing demand at architecture firms last year is expected to contribute to a projected 5.7%

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What the Latest Rental Forecast Means to Your Business

Construction Business Owner

The latest quarterly update to the 5-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains through 2021.

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ARA Forecasts 2021 Rental, Const. Revenue

Construction Equipment

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.

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Real Estate Agents Forecast Slower Prices and Sales Growth in 2022

Pro Builder

Real Estate Agents Forecast Slower Prices and Sales Growth in 2022. Though housing conditions remain uncertain for the future of 2022, the latest John Burns Real Estate Agent Survey reveals overwhelming optimism for the new year as the market slowly comes down from peak highs in 2021, the John Burns team reports.

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Lumber Prices Fell to New 2022 Low Following Goldman Sachs Housing Forecast

Pro Builder

Lumber Prices Fell to New 2022 Low Following Goldman Sachs Housing Forecast. Lumber prices fell 4% on Tuesday after Goldman Sachs released its updated forecast for home sales in 2022. Wed, 08/31/2022 - 11:00. Lumber prices fell 4% to a new 2022 low on Tuesday as higher mortgage rates speed along a housing downturn.

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What eight leading economists predict for nonresidential construction in 2020 and 2021

BD+C

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.