Newsletter

As I write this in late July we are experiencing a heat wave and a dry spell here in Greenville, SC. The dry weather is appreciated after a wet spring; the heat not so much. All of the shenanigans in Washington have negatively impacted the...

The second quarter has seen record rain in most of our markets thereby depressing sales. As I compose this letter in late June the forecast for Greenville, SC is dry for the entire last week of the month. I hope the forecasters are correct. I...

Despite the turmoil coming out of Washington the overall economy in general, and the construction economy in particular, continue to chug along. We’re now entering prime building season and all signals point to another great summer for construction. We’re extremely busy and hope that you...

This year continues to start out strong for construction. There have been a few blips in some markets but, as a whole, the Southeast continues to be the strongest market for construction in the country. The strength of the construction economy has resulted in quite...

After a mild February, Winter returned with a vengeance in March. In the areas in which we operate (the Carolinas and Georgia) we had temperature fluctuations from the 20s to the high 70s. The below freezing weather delayed several jobs but it now appears that...

The warmer and dryer than usual weather in February has been quite favorable to the construction business. As I write this it is 73° in late February and construction in the South is booming. The slight uptick in interest rates hasn’t hurt the construction business...

Happy New Year! As this new year begins the vast majority of forecasters are calling for a continued expansion in the construction market with the biggest caveat being the availability of qualified labor. Also, the new Trump administration is a bit of a wildcard but...

We are near the end of another good year for construction. The “Trump Bump” has the stock market at record highs and even the .25% (25 basis point) increase by the Fed recently shouldn’t slow the momentum of the economy in general and construction in...

The cooler autumn weather is finally upon us after a long, hot, dry summer, at least in most parts of the South. The impending presidential election doesn’t appear to have had much effect on construction although I have heard some forecasters say that some developers...