Your source for construction industry news in the Carolinas
With a war raging in the Middle East, trade wars at play elsewhere, crude oil prices rising above $100 a barrel, the White House threatening a Cuba takeover and U.S. saber rattling directed toward Greenland, economic policy uncertainty is peaking and major investment decisions are being put on hold. Is there anything meaningful that we…
FMI Corporation, a leading provider of consulting and investment banking services to the built environment, released the 2026 North American Engineering and Construction Industry Overview today. The report provides a comprehensive forecast for a broad range of construction and engineering segments in the U.S. and Canada for 2026. FMI expects construction spending to end 2026…
After a post-pandemic surge fueled by infrastructure spending, semiconductors, and data centers, the construction market is hitting a pause button as economic uncertainty, labor constraints, and policy shifts reshape the landscape. Dodge’s 2026 Outlook points to a softer 2025, with owners slow-rolling projects, before a gradual reacceleration led by data centers, infrastructure, and select megaprojects….
After several years defined by extremes, the Southeast industrial market is showing signs of shifting toward steadier footing in 2026. The post-pandemic boom of 2021–2022 created record construction and aggressive speculative development. That momentum slowed noticeably in 2023–2024, when rising costs, tighter financing and pockets of oversupply pushed many developers to pause and reassess. Now,…
With the books for 2025 ready to be closed and knuckles still white from the roller coaster ride generated by President Trump’s first year policy actions, and all this compounded by war, terrorist attacks, and a recovering post-COVID world, I begin this report with a summary forecast for the next four quarters. I offer thoughts…
With fall approaching and football upon us, our national economy continues to respond to almost daily policy shocks as the Trump administration constantly unveils major changes.[1] Federal departments are being shuttered, a global trade war is underway, thousands of undocumented workers are being arrested, jailed and deported, and the economy is still adjusting to shocks…
As we approach mid-year, this is a good time to assess the economic situation. First, we will focus on the nation. Then, the Carolinas. As indicated in the next chart, the latest Commerce Department estimate for first quarter GDP growth for the nation shows negative growth. I point out that the estimate was troubled by…
In office just over a month, Donald J. Trump is delivering on his promises and disrupting the national, if not the world economy. He promised border enforcement, deportations, tariffs, lower taxes and “draining the D.C. swamp” of federal workers and expenditures. He is delivering on these promises and more. But almost always there are delays,…
Election Day is behind us and though not in office until January, President-elect Trump is already taking action to deliver on his campaign promises. Along with stated plans to deport illegal immigrants, cut taxes, and bring about an early end to war in Ukraine and Gaza, “Tariff man,” as he likes to style himself, has…
With September’s arrival, those who love college football are again enjoying tailgating, touchdowns, the sound of marching bands, and crowds cheering and singing their alma mater. Hope for a conference championship reigns supreme. Nothing beats winning.[1] And then those who get their thrills from politics, cheering crowds, music, and political cheerleaders can enjoy an endless…
