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Top Takeaways from the Commercial Construction Forecast - Vimarsana News

Top Takeaways from the Commercial Construction Forecast

-23% -18.7% Spending forecast for 2021 relative to 2019 peak Information is based on projections from the Dodge Construction Outlook 2021 from Dodge Data & Analytics. Read the complete Glass Magazine Annual Forecast in the January/February edition. The 2021 commercial construction outlook 2020 was rough for commercial construction. It was difficult to find much good news in the commercial construction sector in 2020. Commercial construction starts dropped an estimated 23 percent to $107 billion (690 million square feet) during the year, according to the Dodge Outlook from Dodge Data & Analyti...

Calculated Risk - Vimarsana News

Calculated Risk

1/15/2021 08:38:00 AM On a monthly basis, retail sales decreased 0.7 percent from November to December (seasonally adjusted), and sales were up 2.9 percent from December 2019. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for December 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $540.9 billion, a decrease of 0.7 percent from the previous month, but 2.9 percent above December 2019. Total sales for the 12 months of 2020 were up 0.6 percent from 2019. ... The October 2020 to November 202...

Calculated Risk: Leading Index for Commercial Real Estate Increased in December - Vimarsana News

Calculated Risk: Leading Index for Commercial Real Estate Increased in December

The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial component of the Momentum Index rose 14.0%, while the institutional component rose by 0.3%. The gain in the commercial component of the Momentum Index was heartening even though the increase was mostly the result of...

Monday's Daily Pulse - Vimarsana News

Monday's Daily Pulse

Monday's Daily Pulse | 12/28/2020 Florida exceeds more than 21,000 COVID-19 deaths With more than 1,000 reported deaths in less than two weeks, the number of Florida residents who have died of COVID-19 exceeded 21,000 on Saturday, according to the state Department of Health. The department’s website showed 21,135 residents have died since the pandemic started. Also, 302 non-residents have died in Florida. The number of resident deaths increased by 140 from a Thursday count, as the department did not release statistics on Christmas Day. Florida exceeded 20,000 reported resident deaths on De...

Who said that? - Vimarsana News

Who said that?

Who said that? | 12/28/2020   --Eric Newman, third-generation president of J.C. Newman Cigar Company. J.C. Newman Cigar Company, which runs Tampa’s last cigar factory, celebrated its 125th birthday this year. But rather than ask for presents, the nation’s oldest family-owned cigar company is giving gifts. The J.C. Newman Cigar Museum  recently opened in their Ybor City factory at 2701 N. 16th St. and offers guided 90-minute tours of an operation that produces 12 million cigars a year. Admission is free, but the tours cost $15 per person and must be booked in advance via their website...