Tag: Slowdown
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US Construction Spending Slowdown Impacts 2025 Machinery Sales
There isn’t much sign of optimism for the residential construction market, even allowing for an interest rate reduction by The Fed. Typically, an interest rate reduction would see mortgages become more affordable and drive housing activity. However, the cost of housing remains very high, limiting affordability for first-time buyers even with a reduction in interest…
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Healthcare construction bucks broader building slowdown
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Economic uncertainty has slowed construction momentum across many nonresidential sectors. But for healthcare projects, developers have not shown signs of a pullback, according to Robins & Morton, a Birmingham, Alabama-based construction firm. That’s one of the takeaways…
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Development Slowdown & Vacancy Shifts Reshape Sector 2025
Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …