About Clara Bickley

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So far Clara Bickley has created 10 blog entries.

Residential Construction – November 2018

Residential Construction November 2018 Rising prices for new and existing homes, low inventories of homes for sale, interest rates climbing to heights not seen since before the recession, have dampened the growth trajectory for housing.  Housing is still strong compared to a year ago but is starting to weaken and those same year-over-year growth rates will be hard to maintain in 2019.  An average rate of 1.2 million starts represents a strong housing market in this new, post-crisis world. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. [...]

Residential Construction – November 20182018-11-30T22:09:09+00:00

Housing – November 2018

Residential Housing November 2018 High prices for new and existing homes, low inventories of homes for sale, interest rates climbing to heights not seen since before the recession, have dampened the growth trajectory for housing.  Housing is still strong compared to a year ago but is starting to weaken and those same year-over-year growth rates will be hard to maintain in 2019.  An average rate of 1.2 million starts represents a strong housing market in this new, post-crisis world. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. [...]

Housing – November 20182018-11-30T21:58:44+00:00

Economic Influences – November 2018

Economic Influences November 2018 October unemployment was 3.7%, the lowest level in the 2000’s era.  Yet, overall participation rate continues to hover around 63%.  Labor supply problems continue and 18% of prime aged workers (ages 25-54), nearly 23 million, are still not entering the work force. Construction unemployment is still at low rate of 3.6% despite the housing market starting to lose some strength.  Labor challenges continue to plague the construction industry and will persist through the near term as the mix of labor available does meet with the mix of labor needed. Our outlook is for durable sectors to slow their rates of growth as [...]

Economic Influences – November 20182018-11-20T22:08:21+00:00

Housing – October 2018

Residential Housing October 2018 Rising prices for new and existing homes, low inventories of homes for sale, interest rates climbing to heights not seen since before the recession, all combine to dampen the growth trajectory for housing.  While housing is still strong compared to a year ago, it will not be able to continue averaging such strong growth rates this year.  An average rate of 1.2 million starts represents a strong housing market in this new, post-crisis world. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. Implication [...]

Housing – October 20182018-11-01T12:45:11+00:00

Residential Construction – October 2018

Residential Construction October 2018 Rising prices for new and existing homes, low inventories of homes for sale, interest rates climbing to heights not seen since before the recession, all combine to dampen the growth trajectory for housing.  We are highlighting the point that housing is still strong compared to a year ago but will not be able to continue averaging such strong growth rates this year.  An average rate of 1.2 million starts represents a strong housing market in this new, post-crisis world. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. [...]

Residential Construction – October 20182018-11-01T12:41:45+00:00

Economic Influences – October 2018

Economic Influences October 2018 September unemployment fell to 3.7%, the lowest level in the 2000’s era. at under 4% in August. Yet, overall participation rate continues to hover around 63%.  Labor supply problems continue and 18% of prime aged workers (ages 25-54), nearly 23 million, are still not entering the work force. Construction unemployment ticked up to 4.1% as the housing market is losing some strength.  Labor challenges continue to plague the construction industry and will persist through the near term as the mix of labor available does not meet with the mix of labor needed. Our outlook is for durable sectors to slow their rates [...]

Economic Influences – October 20182018-10-24T12:33:52+00:00

Residential Construction – September 2018

Residential Construction September 2018 How to ruin a good thing!  Look to raise interest rates and impose tariffs on important inputs to the housing sector.  While there is a slowing down, the overall market is still strong compared to recent years but our forecasts for next years are being dampened as these influences water down the red-hot housing market. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. Implication New housing permits are up 3.7% year-to-date total new housing permits, but recent months may be indicating a slightly [...]

Residential Construction – September 20182018-09-28T18:03:23+00:00

Housing – September 2018

Residential Housing September 2018 How to ruin a good thing!  Look to raise interest rates and impose tariffs on important inputs to the housing sector.  While there is a slowing down, the overall market is still strong compared to recent years but our forecasts for next years are being dampened as these influences water down the red-hot housing market. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. Implication Price goes up – Demand goes down.  Those areas with greatest price inflation are experiencing the biggest declines in [...]

Housing – September 20182018-10-24T12:35:38+00:00

Economic Influences – September 2018

Economic Influences September 2018 Unemployment holds at under 4% in August. Labor supply problems continue, yet participation rate continues to hold steady at 64%.  We continue to point to labor issues as a supply side problem and one that will take some time to work through. Employment growth continues across all major segments, as do underlying issues with labor supply. Construction unemployment at 3.4% is the lowest it’s been this millennium. The struggle to find the right employees continues and employers are lowering criteria for employment to find need labor.  Labor costs for both sectors continue to rise and continues to add upward pressure on prices. [...]

Economic Influences – September 20182018-09-18T17:35:35+00:00

Residential Construction – August 2018

Residential Construction August 2018 Despite what some indicators may show, the housing market is still red-hot.  Single-family starts are still up over last year, with the overall weakening coming from the multi-family segment.  We are holding steady with our forecasts for the remainder of 2018. Interested in learning more about what we are seeing and our forecasts, then click here to talk to us today. Implication Looking at permits on a non-seasonally adjusted basis and mapping to non-seasonally adjusted starts and you find a different story.  Permits are showing that Q3 2018 should continue to see strong starts. We [...]

Residential Construction – August 20182018-09-18T17:03:57+00:00