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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 Recessions

2020 COVID-19 Recession vs 2024 Recession
By ITR Economics on September 21, 2023

All year long, ITR Economics has been helping businesses prepare for the upcoming recession that will begin late this year and last through 2024. As business leaders navigate their...

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News ITR Experts Say

Wages and Job Openings Trends Suggest Some Relief for Employers in Tight Labor Market
By ITR Economics on September 19, 2023

Indications of a labor market less skewed to the employee’s favor and more to the employer’s are appearing:

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ITR Experts Say Recessions

A Recession by Any Other Name…
By ITR Economics on September 7, 2023

Depending on where you are looking, identifying an economic recession is not always concise or straightforward.

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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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