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For new-construction homes, National Association of Homebuilders (NAHB) data shows that June’s median sale price was only slightly lower at $417,300. Inventory: The supply of homes for sale is ...
Economists polled by Reuters had forecast construction spending climbing 0.2%. The Commerce Department's Census Bureau said on Monday construction spending rose 0.4% after an unrevised 0.1% gain ...
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
The ARTBA Economics and Research team develops reports, analyses, and other products. ARTBA's subscription-based intelligence reports provide monthly and quarterly information covering the transportation design and construction market. The association also produces other studies and reports, which are available to its members and news journalists, on industry employment, the cost of ...
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 [update] there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce , putting up almost US$1.4 trillion worth of structures annually.
The construction industry contributes significantly to many countries' gross domestic products . Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around ...
Homebuyers look to new construction for much-needed inventory While the number of existing homes on the market remains historically low, new construction has provided a critical alternative for ...
Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global structural composites market share will reach a value of USD 83.86 Billion by 2031, with a CAGR of 7.54% during the forecast period (2024-2031). The structural composites industry is expanding rapidly due to several important factors.