April 2020 – US Housing and Nonresidential Construction Outlook 2020: Challenges and Opportunities
Join ITR Analyst and Speaker Taylor St. Germain on April 23, 2020 at 2 pm EDT for a 60-minute overview of key housing and nonresidential construction trends in 2020!
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About the Webinar
"The US housing market leads the way." What does this mean? Well, if you understand the direction of the housing construction market, you can make a strong assumption that the US economy will move in a similar direction. Luckily, there is more good news to come in the housing market, and the leading indicators are providing positive signals for the remainder of the year. However, our expectations for the single-family market and the multi-family market are very different. In this webinar, we will explore leading indicators and forecasts for both segments and highlight the opportunities.
Unlike the housing market, nonresidential construction does not "lead the way." In our analysis at ITR Economics, we find that nonresidential activity often lags not only housing but also the general economy. Thus, the outlook for this segment of the construction market is very different than for housing. We will take a deeper dive into understanding which leading indicators provide foresight into the nonresidential segment. We will also highlight the geographic regions and vertical markets likely to provide greater growth opportunities in the future.
What will attendees receive?
- A clear vision for construction in 2020–21 and beyond
- Our system of leading indicators, proven to signal cyclical turns and growth expectations for the US residential and nonresidential construction markets
- Clear and concise Management Objectives™ to help you prepare for the coming challenges and opportunities
Questions to be answered
What are the recent cost trends for important materials, and what should we expect for 2020 and 2021?
Are we expecting a recession in the US housing market in the coming years?
What is our outlook for mortgage rates?
What is the near-term trend in home and apartment square footage?
Are certain geographic regions of the US outperforming others when it comes to the nonresidential construction sector?
Are there specific nonresidential construction segments (e.g., office, warehouse, retail, etc.) offering greater potential growth opportunities?
Is the construction industry's tight labor market here to stay? Will wage inflation persist throughout the year?
Questions? Check out our FAQs!
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