Latest News
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ABC: June 2023 Construction Backlog Indicator Remained Stable, Contractor Confidence Fell
By Jack Bjorklund / July 11, 2023According to an Associated Builders and Contractor member poll performed from June 20 to July 5, the Construction Backlog Index stayed steady at 8.9 months in June. The reading...
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Carlisle Construction Materials Opens New Manufacturing Facility in Southern Missouri
By Daniel Moore / June 29, 2023Carlisle Construction Materials LLC (CCM) has officially launched its newest site in Sikeston, Missouri. Local, regional, and state dignitaries joined executives from the manufacturing company in a ribbon-cutting ceremony...
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NAR: May 2023 Pending Home Sales Shrank by 2.7%
By Jack Bjorklund / June 29, 2023According to the National Association of REALTORS, pending home sales fell 2.7% in May compared to the previous month. Three regions in the United States saw monthly losses, while...
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NAHB: New Home Sales Surge in May 2023
By Jack Bjorklund / June 27, 2023According to recent data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly constructed single-family houses surged by 12.2% to...
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Dodge Construction Network: Total Construction Starts Rebound in May 2023
By Jack Bjorklund / June 20, 2023According to Dodge Construction Network, total building starts increased by 8% in May to a seasonally adjusted annual rate of $1.11 trillion. Nonresidential starts increased by 8% in May,...
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NAHB: Solid Growth in Single-Family Starts Recorded in May 2023
By Jack Bjorklund / June 20, 2023Single-family starts reached an 11-month high in May thanks to a combination of low existing inventory, strong demand, and advancing supply chains. According to a study from the U.S....
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NAHB: June 2023 Builder Confidence Rose to Positive Territory
By Jack Bjorklund / June 19, 2023According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) issued today, builder confidence in the market for newly built single-family homes increased five points...
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Beacon To Expands Its Waterproofing Division
By Owen Everett / June 16, 2023After the acquisitions of Coastal Construction Products and Whitney Building Products in the fourth quarter of last year, Beacon has announced the next steps in developing its speciality waterproofing...
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Merritt Properties Starts Work on White Marsh Interchange Park
By Alex Matthews / June 16, 2023Merritt Properties has started work on the White Marsh Interchange Park in Baltimore County, MD. Merritt plans to build up to nine one-story buildings totaling roughly 750,000 square feet...
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Parksite expands partnership with Tando Composites
By Daniel Moore / June 15, 2023Parksite has announced an expansion of its partnership with Tando Composites to offer the TandoStone product line in Maryland and North Carolina. The whole TandoStone collection will be available...