Articles Tagged with ''economy''

Women's empowerment progress is evident from economic shifts to increasing representation in traditionally male-dominated fields like roofing, though disparities persist.

Asphalt roofing market thrives in Q4 2023: Shingles up 25.5%, modified bitumen up 10.4%. BUR base, ply, and mineral cap sheets decline and the Canadian market faces challenges.

PCL Construction's president, Deron Brown, forecasts key trends shaping U.S. construction in 2024.

The U.S. economy added 199,900 jobs in November, defying downturn predictions; unemployment is at 3.7% as wage growth accelerates. 

Texas factory activity contracted more than anticipated in November, as reported by the monthly Texas Manufacturing Outlook Survey by the Federal Reserve Bank of Dallas. 

The North American industry trade associations' amalgamated Quarterly Market Index Survey for Reroofing in Q3 2023 showed improved prospects compared to the same period a year earlier, with eight out of 10 respondents identifying as roofing contractors.

The August producer price index report showed stable construction materials prices, with slight declines in wood and steel products, while power wire and cable prices surged, but overall, construction materials prices have been relatively steady in 2023.

Seattle-based real estate AI tech firm, Quantarium, is challenging the standard two-month lag used by the Case-Shiller Index to determine changes in home prices with its TerraIndex HPI; the company says its index provides real-time estimates made available on the second Wednesday of the following month.

Approaching more stability after the volatility of the past couple of years, sales of new single-family homes in the US significantly corrected down in June, at 697,000 units, which is 2.5% lower than May's downwardly revised 715,000, but up almost 24% compared to June 2022. 

Quarter-to-quarter comparisons show massive increases in most products, though a year-to-year analysis hints that supply issues are not over just yet.