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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. However, no downturn is projected by the economists. .

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Surge in Home Remodeling: Lighting Trend Forecast

Pro Builder

Surge in Home Remodeling: Lighting Trend Forecast. Fri, 09/17/2021 - 00:00. And while homeowners turned to Do-It-Yourself (DIY) projects throughout 2020 and 2021, they’ll likely leave projects such as big kitchen remodels or home office projects to the professionals, according to the Lending Indicator of Remodeling Activity.

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February Jobs Report Shows a Strong Gain of 678,000

Pro Builder

Job growth accelerated in February as declining COVID-19 cases brought customers back to businesses and allowed more workers to return to the office. drop in the nationwide unemployment rate, surpassing economists’ forecasts for the second straight month, according to The New York Times.

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Acquisitive RSK looks to raise £500m through stake sale

Construction Enquirer

2021: Doubles again amid Covid to £350m; pre-tax loss £19m 2022: Revenue £796m; reported pre-tax loss £38m 2023: management accounts forecast £1.2bn Ryder said: “We are well aware that our growth strategy includes some very big numbers and significant goals for business growth. 2018: revenue doubles to £147m; pre-tax loss £9.3m

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How is Artificial Intelligence Helping Home Buyers?

Pro Builder

Mon, 09/20/2021 - 11:22. At LoanSnap, a San Francisco-based mortgage lender, the borrower’s financial information is put in a system that “takes all that information, forecasts it out into the future and looks at thousands and thousands and thousands of options,” said Karl Jacob, CEO of LoanSnap.

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Lumber Veteran Sees Holding Off on Construction as 'Sensible'

Pro Builder

Wed, 06/09/2021 - 11:31. Chief Operating Officer at Sherwood Lumber Kyle Little told CNBC that there is no reason not to hold off on projects if possible, and price relief will likely come in the next six to 12 months. He reiterated that view Tuesday, saying the company’s forecast “really has not changed.”. cbroderick.

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

These data points portray the current state of affairs while also forecasting what’s to come. The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. As of Q2 2021, German banks have seen sales growth up to 30% compared to 2019. Growth opportunities. The annual growth is expected to be 5.1%