Equipment Leasing and Finance Association: October New Business Volume Up 6%
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $11.3 billion, up 6% year-over-year from new business volume in October 2021. Volume was up 11% […]
Metal Connector Nailers
Kyocera Senco Industrial Tools introduces 2 powerful metal connector nailers that fire 2 1/2" nails commonly required in hurricane and seismic zones. The JN91P1 and JN91P2 pneumatic metal connector nailers are used for fastening pre-punched metal structural connectors like joist hangers, seismic/hurricane straps and rafter ties. They deliver 10% more power than […]
Nonresidential Construction Spending Down 0.3% in October
National nonresidential construction spending was down by 0.3% in October, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month. Spending was down on a monthly basis in seven of the 16 […]
Exterior Wall System
Senergy® by Master Builders Solutions introduces Senerflex® Vulcan NC exterior wall system incorporating Rockwool Frontrock, a non-combustible stone wool insulation board. The Senerflex Vulcan NC wall system seamlessly incorporates continuous insulation, air-/water-resistive barrier and drainage for optimum heat, air and moisture control with virtually unlimited aesthetic versatility. The system features Rockwool Frontrock […]
Multifamily Developer Confidence Declines Significantly in the Third Quarter
The prospects for continued high levels of multifamily development declined significantly in the third quarter, as did the prospects for continued high occupancy rates, according to results from the Multifamily Market Survey released Nov. 17 by the National Association of Home Builders. The MMS produces two separate indices. The Multifamily Production Index decreased 10 […]
Hammers
Milwaukee Tool introduces new hammers that will deliver application-specific features for maximum efficiency on the job site. The 15 oz. Drywall Hammer (pictured) features Milwaukee’s ShockShield™ grip for ultimate vibration reduction. The hammer also features an I-Beam handle that withstands bending and provides increased durability. Made to make striking easier, the new […]
Single-Family Construction Slows in Post-COVID Hot Markets
The big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban areas has shown a marked decline over the past 12 months, according to findings from the National Association of Home Builders Home Building Geography Index for the third quarter […]
The Problems with Materials
Construction materials supply chain issues have not been fully resolved. War, fuel prices, elections, and several other factors contribute to the problems. Many common building materials such as wood, drywall and steel, are in high demand and short supply. Even when available, prices are high. We wanted to find out what steps contractors are […]
Architecture Firm Billings Decline Further in November
After architecture firms experienced their first decline in billings in nearly two years in October, business conditions softened further in November, as the AIA’s Architecture Billings Index score fell to 46.6 (any score below 50 indicates a decline in firm billings). While inquiries into new projects continued to rise modestly, the value of new […]