According to reports from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell for the ninth straight month in September.
The American Chemistry Council (ACC) and its member companies responded to the announcement of a new agreement between railroads and rail labor that averts a potential catastrophic shutdown of the rail network.
Builder confidence fell for the eighth straight month in August as elevated interest rates, ongoing supply chain problems, and high home prices continue to exacerbate housing affordability challenges.
Rising need for lightweight, high-strength materials in the automotive and construction sectors, as well as growing demand for high-performance materials in wind power and aerospace industries, is set to drive demand for epoxy resins over the forecast period.
Builder confidence plunged in July as high inflation and increased interest rates stalled the housing market by dramatically slowing sales and buyer traffic.
Rising inflation and higher mortgage rates are slowing traffic of prospective home buyers and putting a damper on builder sentiment, according to the National Association of Home Builders (NAHB).
According to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, builder confidence took a steep drop in May, a sign that the housing market is now slowing.
RadTech, the Association for UV & EB Technology, recently shared some preliminary results from a market trends survey focusing on ultraviolet (UV) and electron beam (EB) technologies.
Builder confidence in the market for newly built single-family homes moved two points lower to 79 in March from a downwardly revised reading in February, according to a recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
