United States
Nonresidential Construction Drives Hiring Growth Amid Tight Labor Market and Slower Industrywide Expansion
The U.S. construction industry showed modest employment gains in May, reflecting divergent momentum across residential and nonresidential sectors. According to the latest data...
Consumer Confidence Rebounds in May Amid Trade Truce, But Lingering Pessimism Persists
Consumer confidence staged a notable rebound in May following five consecutive monthly declines, according to the latest report from Wells Fargo Economics. The...
Existing Home Sales Drop in March as Affordability Strains Weigh on Buyers
Existing home sales in the United States took a significant step back in March 2025, declining 5.9 percent to a seasonally adjusted annual...
Labor Market Holds Firm in April, But Cracks Emerge Amid Policy Uncertainty
The U.S. labor market demonstrated continued resilience in April, with nonfarm payrolls rising by 177,000, according to the latest Wells Fargo Economics report....
Construction Spending Declines in March as Economic Pressures Mount
Construction spending in the United States fell more than expected in March 2025, highlighting the mounting strain that high interest rates and macroeconomic...
Animal Spirits Index, Measuring Confidence, Hope, Fear, and Pessimism Turns Negative in March Amid Rising Trade Uncertainty
The Animal Spirits Index (ASI) in the United States slipped back into negative territory in March 2025, reaching -0.34, according to the latest...
Build-to-Rent Housing Surge Reaches New Heights Across U.S.
The U.S. single-family rental (SFR) market is undergoing a major expansion, driven by evolving renter preferences and sustained housing demand. In 2024, the...
New Home Sales See Strongest Gain in Six Months Despite Mounting Headwinds
New home sales in the United States surged in March 2025, posting their largest monthly increase since last September, according to the latest...
New Tariffs Set to Raise Construction Costs Amid Shifting Trade Policy
The U.S. construction industry is bracing for higher costs in 2025 as newly imposed tariffs are expected to exert upward pressure on building...
Small Business Optimism Falls in March as Tariff Uncertainty Weighs on Outlook
Small business confidence in the United States continued to slide in March 2025, with the NFIB Small Business Optimism Index falling for a...
Widening Trade Gap Poised to Dent Q1 GDP Amid Import Surge and Tariff Pressures
The U.S. trade deficit narrowed modestly in February 2025 but remains historically wide, raising fresh concerns about the trajectory of first quarter GDP...
Small-Bay Industrial Market Outperforms as Demand Surges and Supply Lags
The U.S. industrial real estate market continued to evolve in 2024, with small-bay properties emerging as a standout segment, according to BKM Capital...
