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From the President's Desk Construction

Prepare for Change
By Alan Beaulieu on November 16, 2023

US Total Private Domestic Fixed Investment1 is at a record high $4.794 trillion and 3.3% higher than the year-ago level. Private Fixed Investment consists of purchases of residential and...

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ITR Experts Say Construction

US Government’s Onshoring Efforts Boost Nonresidential Construction Sector
By ITR Economics on October 24, 2023

Near sourcing and onshoring trends are underway in the US, both as insurance against any future COVID-esque supply chain difficulties and as part of a broader shift away from globalism and...

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ITR Experts Say Construction

Demand Still Key Amid Shifting Housing Market Dynamics
By ITR Economics on October 3, 2023

The US Single-Unit Housing Starts 12-month moving total has been rising since July, and the annual rate-of-change has been rising since June.

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ITR Experts Say Construction

Housing Construction: Some Good News
By ITR Economics on August 17, 2023

After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...

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Webinars Construction

Housing Market Update – Preparing for Growth
By Taylor St. Germain on July 21, 2023

High mortgage rates have been contributing to significant decline in US Single-Unit Housing Starts since the middle of 2022. There is fear, confusion, and misinformation regarding the...

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ITR Experts Say Construction

A Housing Recovery: The Formula for Success
By ITR Economics on June 6, 2023

Affordability = Earnings + Home Prices + Mortgage Rates + Size What is new: Earnings are rising (adjusted for inflation). Home prices are declining. Mortgage rates are down. Single-family...

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