News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Associated Builders and Contractors, Inc / November 17, 2014
Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months in the second quarter of 2014. The 2014 third quarter backlog is 6.9 percent higher than the third quarter of 2013 and the continued growth of backlog during the last six months likely indicates that 2015 will be a strong year of recovery for the nation’s nonresidential construction industry.
“Every region of the nation experienced expanding backlog during the third quarter and soRead More
Suzanne Shelton / BUILDER / November 25, 2014
Have you ever been at a dinner party and the person next to you starts telling you what they do for a living, and before you know it you have no idea what they’re actually talking about, but you just keep nodding politely, smiling and saying, “u-huh” in all the appropriate places?
That’s what most Americans are doing when you’re talking to them about energy efficiency and sustainability. And that’s a shame because there’s a REAL opportunity for you in selling more efficient, greener homes. Let’s start there, and then we’ll dive into how to change the language.
In our just-publishedRead More
Associated Builders and Contractors, Inc. / November 18, 2014
October marked the fifth consecutive month during which construction input prices have failed to rise. Inputs to construction industries were down 0.9 percent for the month but expanded 1 percent on a year-over-year basis, according to a Nov. 17 producer price index (PPI) release from the U.S. Department of Labor. Inputs to nonresidential construction fell 1.1 percent for the month but are 0.5 percent higher than at the same time last year.
“This deflation in an array of commodities should be viewed positively for the economy as well as for nonresidential construction,” said AssociatedRead More
Robert Dietz / Eye on Housing / November 19, 2014
The average size of newly built single-family homes has declined for two consecutive quarters as the overall housing market recovers. Despite the recent leveling, current new home sizes reflect post-recession increases due to an atypical mix of home buyers. As more first-time buyers return to the market, typical home size will continue to post slight quarterly declines.
According to third quarter 2014 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, average single-family square floor area decreased from 2,651 toRead More
Jennifer Goodman/ BUILDER / November 12, 2014
Julilly Kohler’s commitment to community activism stems from her family tree.
Her grandfather, Walter, son of Kohler Co. founder John Michael, was a visionary community planner in addition to helping run the family business. Julilly grew up in Kohler Village, the town Walter founded with the help of famed landscape architect Frederick Law Olmsted. Built in 1913 to house factory workers, it was one of the country’s first planned communities and its small town charm is still enjoyed today by residents, tourists, and employees of the giant plumbing manufacturer.
“My grandfather had