Groundbreak Carolinas

GroundBreak Carolinas

Your source for construction industry news in the Carolinas

Construction Economic

Reading the Signs: Why Economic Indicators Matter for Construction Executives

by Brian Gallagher, PPC Partners on

Construction leaders often pride themselves on instinct—the ability to “read the market” from conversations with clients, lenders, or subcontractors. But in today’s environment of volatility and complexity, instinct alone is not enough. To build resilient, forward-looking strategies, construction executives must treat economic indicators the way builders treat blueprints: as essential guides to navigating uncertainty. Why…

National AIA Economist Shares Design & Construction Look-Ahead with Carolinas Audience

by Joan Krause, GroundBreak Carolinas on

Kermit Baker, PH.D., chief economist for the American Institute of Architects (AIA) for more than 20 years, kicked-off the morning session at Clemson University’s Second Annual Symposium for the construction industry with the morning’s keynote session, titled “Construction Outlook: Challenges and Opportunities.” Dr. Baker provided a comprehensive overview of the economic issues and trends impacting the architecture, engineering and…

Renowned AIA Economist to Share Insights on Design and Construction Outlook in the Carolinas

by Joan Krause, GroundBreak Carolinas on

Kermit Baker, PH.D., chief economist for the American Institute of Architects (AIA) for more than 20 years, will kick-off the morning session at Clemson University’s Second Annual Symposium for the construction industry with the morning’s keynote session, titled “Construction Outlook: Challenges and Opportunities.” Dr. Baker will provide a comprehensive overview of the economic issues and trends…

Despite Lofty Backlog, Nonresidential Construction Spending Remains Stagnant in May

by ABC on

Nonresidential construction spending expanded by 0.3 percent on both a monthly and yearly basis in May and stands at $714.3 billion on a seasonally adjusted annualized basis, according to analysis of a report from the U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Private nonresidential construction spending fell to $433.6 billion in…