According to new research by national commercial property broker Lee and Associates, there was a sharp first-quarter decline in U.S. tenant demand for industrial space as wholesalers and retailers reconsider their inventory levels out of caution over the economic outlook.
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released this week, U.S. builder confidence in the market for newly built single-family homes in March rose two points to 44. This is the third straight monthly increase in builder sentiment levels.
According to a new report from The American Institute of Architects, for the eighteenth consecutive month architecture firms reported increasing demand for design services in July 2022.
According to the Associated Builders and Contractors trade association's analysis of data published by the U.S. Census Bureau, national nonresidential construction spending was down by 0.5% in June 2022.