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New Construction and Niche-y Nerds
Moody's Talks - Inside Economics
The State of the Union for the Construction Trades
The construction industry is a small share of the economy, but it touches everything that we do. There was an incredible amount of momentum building up in the sector over the last few months. That momentum is still there, but it's being countered by weakness and income property types have weakened considerably. And then we start thinking about that extra layer of banking and the stresses in the financial system. So in aggregate, you would say it's kind of holding its own, but there's a lot of cross currents here. It's treading water.
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