Evluma RoadMax

Construction + Economy

Construction + Economy

Current North American Business Conditions Index Rebounds in August, While Future Conditions Index Retreats

NEMA’s Electroindustry Business Confidence Index for current North American conditions gained ground in August, but remained below levels suggestive of industry-wide expansion for a third straight month. The index climbed to 41.4, up 9.4 points from its July reading. The survey’s measure of the degree of change in current North American conditions was in negative [...]

Construction + Economy, Lighting Industry

Rare Earths Prices Softening?

The Wall Street Journal is today reporting that prices for rare earths, commonly used in fluorescent lamps and LEDs, have moderated in recent weeks after two years of large gains. Check it out here.

Construction + Economy

Architecture Billings Index Drops for Fifth Straight Month

Following a drop of almost a full point in June, the Architecture Billings Index (ABI) fell again by more than a point in July. As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported [...]

Construction + Economy

Decline in Nonresidential Construction Spending Expected in 2011 with Modest Growth Projected for 2012

A multitude of factors are preventing a recovery for the beleaguered design and construction industry. Lenders that have been extremely reticent to finance construction projects, budget shortfalls at all levels of government, the ripple effect of overbuilding, a depressed housing market and rising costs of key construction commodities are all contributing to what projects to [...]

Construction + Economy

Electrical Industry Confidence Index Reveals Deteriorating Business Conditions

The broad economic slowdown of recent months continued to affect the electrical manufacturing sector in July, with the Electroindustry Business Confidence Index (EBCI) for current North American conditions dropping to 32 from 45.5 a month ago, remaining below the growth threshold of 50 points for a second straight month. Forty-four percent (44%) of respondents to [...]

Construction + Economy

Architectural Billings Index Declines For Third Straight Month

June marked the third consecutive decline in revenue at U.S. architecture firms as measured by the Architecture Billings Index (ABI). As a leading economic indicator of construction activity, the ABI reflects the approximate 9- to 12-month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the June ABI score [...]

Construction + Economy

In Q211 Construction Outlook FMI Predicts 2 Percent Decline In Nonresidential Construction In 2011

“In our Construction Outlook for the second quarter 2011, there are signs that the economy is recovering, even for contractors, but you have to look hard to see them. The stock market has taken on a more bullish trend since the bottom of the recession, but that bull has yet to visit Main Street, which [...]

Construction + Economy, Lighting Industry, Research

Survey Profiles Influence Of Electrical Contractors In Lighting Market

Electrical contractors are an important influence in the lighting market, according to a new survey published by ELECTRICAL CONTRACTOR. The survey of more than 700 readers, conducted by Renaissance Research & Consulting, found that contractors make decisions about lighting during both the design and construction project phases. Highlights: * 97% said they work with indoor [...]

Construction + Economy

Business Conditions Lose Steam in June But Six Month Outlook Remains Solid

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 45.5 in June, dropping below the 50-point “growth threshold” for the first time since October 2010. The index had climbed as high as 69.6 as recently as February 2011, prior to a sharp run-up in oil prices and Japan’s earthquake and tsunami. [...]

Construction + Economy

Architecture Billings Index Slows In May

On the heels of a sizable decrease in April, the Architecture Billings Index (ABI) slowed even further in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the May ABI score [...]

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