Articles Tagged with ''economic analysis''

At 2024’s start, The JIAN Group forecasted volatility in housing amid election cycles, mortgage rates, and falling commodity prices. By year-end, long-term growth prevailed despite challenges.

A new Trump Administration could bring sweeping changes to several business sectors, including roofing and construction. Trent Cotney weighs in.

Governmental experts with the National Roofing Contractors Association examine how the 2024 presidential election results, with Trump and VP-elect Vance in office, and the 119th Congress will affect the roofing industry.

Holcim’s Malarkey Roofing Products broke ground on a 350,000 sq. ft. facility in Franklin, Ind., set to open in 2026, which is expected to create 200 jobs producing recycled-material asphalt shingles.

In September, U.S. construction spending rose by 0.1% to $2.14T, with private residential projects driving a slight increase; public-sector construction grew by 0.5%, totaling $495.2B.

Shipment numbers for shingles, BUR and modified bitumen have shrank when comparing the third quarter to Q2 2024, according to the latest report from the Asphalt Roofing Manufacturers Association.

The Home Builders Institute's Fall 2024 Construction Labor Market Report indicates a positive outlook for the construction industry, with increasing demand for skilled workers and rising wages, despite recent job declines.

A strike by dockworkers affecting 36 ports across America's East and Gulf Coasts is suspended until January.

A new report from Future Market Insights reveals the domestic roofing material market will reach $29 billion by 2034, with a 3.4% CAGR. 

HCI Equity Partners announced that six of its portfolio companies, including Highland Commercial Roofing, made the Inc. 5000's 2024 list of fastest-growing private companies.