Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our own feature articles.
Construction spending — Nov. 1
The Commerce Department will release September construction spending results on Tuesday, Nov. 1. Last month, the department announced spending fell 0.7% in August to a seasonally adjusted annual rate of $1.142 trillion.
Private nonresidential construction slipped 0.4% in August, and private residential construction spending dropped 0.3%. August's construction spending figure represented the lowest spending level in eight months and the second-consecutive month of declines.
Will Tuesday's results offer a positive sign for construction spending, or will they show another month of decreasing activity?
Impact of e-commerce on construction feature article — Nov. 1
Online shopping is becoming increasingly popular among shoppers, reducing necessary trips to brick-and-mortar stores. In our feature article on Tuesday, Nov. 1, we'll find out how this trend has affected the business models of companies specializing in retail construction and renovation, as well as how they're shifting their mix of projects to account for a change in demand.
CoreLogic Home Price Index — Nov. 1
CoreLogic will release its September Home Price Index on Tuesday, Nov. 1. Last month, CoreLogic announced home prices rose 1.1% between July and August and 6.2% from August 2015 to August 2016. August's price gain was once again higher than CoreLogic's prediction of only a 0.4% monthly increase.
CoreLogic President and CEO Anand Nallathambi said in a release last month that the ongoing upward march of home prices is triggering an "affordability crisis" in several U.S. markets.
In last month's report, CoreLogic predicted price gains would slow between August and September and rise only 0.4%. Will Tuesday's report reveal that home price growth is finally starting to slow down?
Preparing for winter feature article — Nov. 3
Winter is approaching, and that means it's time for construction companies to figure out how to protect job sites and employees from the effects of snow, ice and dangerously low temperatures. In our feature article on Thursday, Nov. 3, experts in cold-weather areas share their tips on how to make it through to spring.
