With builders continuing to report supply chain problems that are causing construction delays, overall housing starts decreased 4.1% in January 2022 to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Builder confidence is lower even as consumer demand remains robust.
January 21, 2022
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.
A FINAT study reports that supply chain issues and sustainable label and packaging solutions are the top concerns regarding label procurement trends with brand owner professionals.
January 20, 2022
FINAT, the European association for the self-adhesive label industry, has released the 16th edition of its “FINAT RADAR” half-yearly market trends report.
Asia Pacific dominated the global solid acrylic resins market in 2020 due to increases in infrastructure and construction activities.
January 11, 2022
The global solid acrylic resins market is estimated to expand at a CAGR of 7.3% in terms of revenue from 2021-2031, according to a report from Transparency Market Research.
Sales of newly built, single-family homes in November rose 12.4% to a 744,000 seasonally adjusted annual rate from a downwardly revised reading in October.
January 5, 2022
New home sales posted a solid gain in November, driven by strong buyer demand, low existing home inventory, and buyers' anticipation of future higher mortgage rates.
Among the survey results, companies report that they continue to face difficulty in finding qualified talent.
November 15, 2021
A new global survey conducted by IPC found that the global shortage of semiconductors and other components continues to have serious consequences for electronics manufacturers.
Structural adhesives, also known as load-bearing adhesives, are substances that harden and fasten two similar or dissimilar substrate elements with high-modulus, high-strength, and permanent bonds.
Despite supply issues, the remodeling industry is experiencing strong demand and increased optimism.
October 19, 2021
The National Association of Home Builders (NAHB) recently released its NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter, posting a reading of 87, up five points from the third quarter of 2020.
Single-family starts decreased 4.5%, and the multi-family sector decreased 13.1%.
September 9, 2021
Supply chain and labor challenges helped to push overall housing starts down 7% to a seasonally adjusted annual rate of 1.53 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.