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New reports see mixed bag for construction economy | The Daily Reporter

New reports see mixed bag for construction economy | The Daily Reporter
dailyreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyreporter.com Daily Mail and Mail on Sunday newspapers.

United statesAnirban basuBrian johnsonJones lang lasalleJoseph natarelliMarcom construction servicesTwin citiesMidyear construction trendsAssociated general contractorsConstruction industry assessmentMarcum commercial construction indexInflation reduction actProducer price index

New reports see mixed bag for construction economy

New reports see mixed bag for construction economy
finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.

United statesJones lang lasalleAnirban basuJoseph natarelliMarcom construction servicesTwin citiesMidyear construction trendsAssociated general contractorsConstruction industry assessmentMarcum commercial construction indexInflation reduction actProducer price index

Inflation Reduction Act Leads To Record Spending On New U S Factories

The Biden Administration’s Inflation Reduction Act is starting to become visible as manufacturing-related spending in the U.S. is booming.

United statesWood mackenzieTom einar jensenAnirban basuDaniel liuTsvetana paraskovaNational association of manufacturersCensus bureauInflation reduction actWall streetScience actPlant spartanburgChief executive officer tom einarMarcum commercial construction indexChief construction economistOutlook survey

Construction still constrained by labor shortages and higher costs

While some construction segments retain momentum, there are signs that broader economic weakness have begun to drag on the industry.

Anirban basuCensus bureauBureau of labor statisticsFederal reserveMarcum commercial construction indexLabor statistics

Marcum Index Predicts Rising Costs, Labor Shortages

The Marcum Commercial Construction Index for the fourth quarter of 2021 reports that the construction industry continues to face rising costs and shortages of both labor and materials. Despite general optimism among industry stakeholders, nonresidential construction activity continues to decline in real terms. The index is produced by Marcum LLP’s National Construction Services group.

Anirban basuMarcum construction servicesNational construction servicesMarcum commercial construction indexConstruction servicesArchitecture billings

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