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Bridging the Skills Gap

Construction Business Owner

Thu, 06/10/2021 - 09:30. This year is poised to be a year of growth, with the Federal Reserve recently increasing its forecast of the nation’s gross domestic product to 6.5%. Bridging the Skills Gap. Alex Headley.

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Goldman Sachs Forecast Suggests Home Price Increase

Pro Builder

Goldman Sachs Forecast Suggests Home Price Increase. Wed, 10/13/2021 - 09:20. A recent Goldman Sachs forecast projects that national house prices could increase a further 16% by the end of 2022, driven by one of the longest housing shortages to ever affect the U.S. For information about contrasting forecasts ….

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Slow Economic Growth Reported for the Third Quarter of 2021

Pro Builder

Slow Economic Growth Reported for the Third Quarter of 2021. Fri, 10/29/2021 - 09:25. Nationwide supply-chain disruptions, high cost of living, and unemployment rates are causing a deceleration of economic growth in the third quarter of 2021, according to the NAHB’s Eye on Housing. in the third quarter of 2021, after a 6.7%

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At World of Concrete 2020, PCA Economic Forecast Sees Continued Growth

ENR Construction

Alongside swarms of contractors and other industry professionals pouring in to see the latest in concrete equipment, tools and products at the annual World of Concrete trade show in Las Vegas, the Portland Cement Association released a relatively rosy economic forecast for 2020 into 2021.

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NAHB Predicts Multifamily Housing to Bounce Back in 2022

Pro Builder

Mon, 02/15/2021 - 00:00. The multifamily housing sector experienced regulatory and supply-side challenges, slow rent growth, and increased vacancy, positioning it for a weakened 2021. Multifamily construction starts are expected to fall further in 2021 by 11%. NAHB Predicts Multifamily Housing to Bounce Back in 2022. cbroderick.

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A Look at Lumber Prices From the Supply Side

Pro Builder

Wed, 03/31/2021 - 12:00. I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . Everyone who buys LBM products—builders, contractors, lumberyards, and distributors alike—has a purchasing strategy.

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Holding Back the Headwinds

Pro Builder

whenever that happens. After peaking at nearly 25% market share among the Top 20 Housing Giants, and just over 36% of all closings/completions in 2021 among all Giants, the nation’s largest builders took a big step back in market dominance, enabling non-Giants to essentially return to pre-pandemic levels.

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