The housing market outlook is slowing due to high interest rates, affordability and lower existing home sales and new construction, according to the recently released State of the U.S. Housing Market 2023 report by the Joint Center for Housing Studies of Harvard University. Single family home construction fell 10.8% in 2022 with the second half
The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in March was 51, marking no change from February. The above 50 index was attributed to increased sales, employment and reduced delivery times. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials.
U.S. construction spending in January was estimated at a seasonally adjusted annual rate of $1.83 trillion, down 0.1% from December 2022 but up 5.7% over the same period in 2022. Private construction spending was $1.44 trillion, marking no change from December. Residential totals for January were $847 billion, 0.6% lower than the previous month, while
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The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) in November was 47.7, dropping 2.7 points from October. Manufacturers reported a decrease in both output and new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials. A reading above 50
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U.S. builder confidence for new single-family homes in October diminished for the tenth consecutive month, decreasing eight points from September to 38, the lowest reading since August 2012, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk nine points to 45, and the
U.S. housing starts in September were at a seasonally adjusted annual rate of 1.439 million, dropping 8.1% from the revised August figure and 7.7% lower than the comparable month last year. Single-family starts declined 4.7% from August to 892,000. U.S. building permits in September were at a seasonally adjusted annual rate of 1.564 million, increasing
The housing market outlook is slowing due to high interest rates, affordability and lower existing home sales and new construction, according to the recently released State of the U.S. Housing Market 2023 report by the Joint Center for Housing Studies of Harvard University. Single family home construction fell 10.8% in 2022 with the second half
The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in March was 51, marking no change from February. The above 50 index was attributed to increased sales, employment and reduced delivery times. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials.
U.S. construction spending in January was estimated at a seasonally adjusted annual rate of $1.83 trillion, down 0.1% from December 2022 but up 5.7% over the same period in 2022. Private construction spending was $1.44 trillion, marking no change from December. Residential totals for January were $847 billion, 0.6% lower than the previous month, while
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
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The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) in November was 47.7, dropping 2.7 points from October. Manufacturers reported a decrease in both output and new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials. A reading above 50
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
U.S. builder confidence for new single-family homes in October diminished for the tenth consecutive month, decreasing eight points from September to 38, the lowest reading since August 2012, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk nine points to 45, and the
U.S. housing starts in September were at a seasonally adjusted annual rate of 1.439 million, dropping 8.1% from the revised August figure and 7.7% lower than the comparable month last year. Single-family starts declined 4.7% from August to 892,000. U.S. building permits in September were at a seasonally adjusted annual rate of 1.564 million, increasing
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© Copyright 2021 Composite Panel Association. All rights reserved.