Commercial Construction Markets Coming Back
Recent leading indicators suggest that nonresidential construction activity will be rebounding as we head into the second half of 2021 and beyond.
Read the latest blog posts from the experts at ITR Economics about market and industry insights, actionable business advice, and topical economic trends.
Recent leading indicators suggest that nonresidential construction activity will be rebounding as we head into the second half of 2021 and beyond.
We love rates-of-change at ITR Economics because they make the subtle seem obvious. The most recent reading for the US ISM PMI is an example of that.
Rising Retail Sales are not a guarantee of a growing economy (because there are no guarantees in economics), but they come pretty darn close.
Residential construction markets are red hot, but nonresidential segments are still grappling with aftershocks.
During the next several weeks, we are going to start getting data points for March and then April.
If your personal perceptions are misaligned with the upcoming economic realities, your business will not be in the best position to succeed.
The US will not be the only North American economy to rebound in 2021; expect improving conditions in Canada and Mexico as well.
Now, with the benefit of just-released year-end figures, we will look at how the year turned out and where we go from here.
In my most recent ITR webinar, Construction Trends 2021 , I discussed the divergence between residential and nonresidential construction markets in...
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