Economic

110-Year-Old Southern Lumber (CA) Closes Its Doors

Southern Lumber has survived fire, recessions and drastic industry changes over its 110-year history.

County Tax Incentives Help Start-Up Truss Plant

From 2010 to 2014, 25 companies relocated or expanded in the county, said Paul Borek, executive director of the DCEDC. Among them were Smart Motion Robotics Inc., Triumph Truss & Steel Co., 3M and the Suter Co. Inc.

Three More Reasons Why Independents Will Thrive

A manufacturer's view on why smaller often is better.

Charts: Top 100 ProDealer Sales Dominated by Manufacturers

The $38.7 billion in sales racked up in 2014 by this year’s ProSales 100 is the third-best showing since the industry’s high-water mark in 2005 and 2006.

Construction Accounts for 1 in 5 Jobs Created in April

Fortune columnist Chris Matthews drills into employment reports and job openings data, noting that the construction industry accounted for one of every five of the jobs created in April. Still, labor shortages persist.

Architecture Billings Up on Growing Nonresidential Sectors

The Architecture Billings Index rose 1.3 points to 51.7 in March, a reading that is consistent with continued gains in construction outlays. Although the nonresidential sectors firmed, multifamily remained weak.

Housing Index Map Illustrates Strong & Weak Markets

Local economies continue to move toward economic and housing normality as the national index moved one percentage point to .91 in the first quarter of 2015 and 4 percentage points from the same quarter last year.

Homebuilder Confidence Rebounds in April

Home builders reversed their one month decline in sentiment as the April NAHB/Wells Fargo Housing Market Index increased 4 points to 56 from a one-point downwardly revised 52 in March.

Entry-Level Home Sales Trending Upward?

D.R. Horton Q2 fiscal results indicate it sold roughly 2,000 of its entry-level Express brand homes in the first three months of 2015, or 18% of its total sales.

Is Multifamily Starting to Slow Down?

Multifamily billings were negative for the second consecutive month, something not seen since 2011.