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residential construction

Builder Confidence Hits 20-Month High

The HMI index gauging current sales conditions increased three points, the component measuring sales expectations in the next six months jumped six points, and the measure charting traffic of prospective buyers rose four points.
Builder confidence in the market for newly built single-family homes rose three points to 71 in October, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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residential construction

Builder Confidence Hits Yearly High in September

Sentiment levels have held in the mid- to upper 60s since May, and September’s reading matches the highest level since last October.
Builder confidence in the market for newly built single-family homes rose one point to 68 in September from an upwardly revised August reading of 67, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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Market-Trends

Compostable Food Service Packaging Sales to Grow as Sustainability Push Promises Rapid Adoption

The expansion of the foodservice industry, along with the emergence of “takeaway” and “grab-and-go” services, will continue to provide potential growth prospects for the compostable foodservice packaging market.

Worldwide sales of compostable foodservice packaging reached approximately 6,400 tons worth $16.7 million in 2018; the market is projected to grow at a CAGR of around 5% through 2029.


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residential construction

Builder Confidence Trending Higher as Interest Rates Move Lower

The HMI index gauging current sales conditions for newly built single-family homes increased two points to 73, and the component measuring traffic of prospective buyers rose two points to 50.
Builder confidence in the market for newly built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
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residential construction

Remodeler Confidence Holds Steady in 2019 Second Quarter

The overall Remodeling Market Index averages current remodeling activity and future indicators.
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 55 in the second quarter of 2019, rising one point from the previous quarter.
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