Articles

Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market. Read More

fter a record-shattering year in 2021, the housing market is at an inflection point. Higher interest rates have taken some heat out of the homebuying market, and the large number of apartments under construction should bring some relief on the rental side. Read More

A new publication has been posted to the USGS National Minerals Information Center website at the following link: Stone, Dimension, 2019, tables-only release Read More

Total existing-home sales fell 3.4% from April to a seasonally adjusted annual rate of 5.41 million in May. Year-over-year, sales receded 8.6% (5.92 million in May 2021). Read More

Total construction starts rose 4% in May to a seasonally adjusted annual rate of $979.5 billion, according to Dodge Construction Network. Nonresidential building starts rose 20%, while residential starts fell by 4% and nonbuilding lost 2% during the month. Read More

More than 600 builders from across the nation trekked to Capitol Hill on June 15, 2022, for the National Association of Home Builders (NAHB) 2022 Legislative Conference to spotlight the growing housing affordability crisis that threatens to derail the economy and urge their lawmakers to support policies that will ease building material production bottlenecks and increase the production of quality, affordable housing. Read More

Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market. Read More

While the COVID-19 pandemic hit the hospitality market in the U.S. hard, that segment — food and beverages, lodging, recreation, travel and tourism — has begun to recover. Read More

Privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, 14.4% below the revised April estimate of 1,810,000 and 3.5% below the May 2021 rate of 1,605,000, according to the U.S. Census Bureau. Read More

Due to a decrease in non-residential spending, some commercial markets experienced a considerable dip during the pandemic (corporate, for example, as many more people worked from home). But activity is returning, and several markets are doing quite well — particularly, healthcare and education — resulting in new innovations around high-performing hard and soft surface products, or hybrid alternatives, to meet the need for mixed-use spaces and added flexibility. Read More