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Findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) show the increase in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic has declined over the past 12 months.
Despite inflation concerns and ongoing production bottlenecks, builder confidence edged higher for the fourth consecutive month on strong consumer demand and limited existing inventory.
Higher construction costs and supply shortages, along with rising home prices, pushed builder confidence to its lowest reading since July 2020, according to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index.
Over one-third (33%) of respondents to an industry survey conducted by IPC say the Cybersecurity Maturity Model Certification will weaken the U.S. defense electronics industrial base, while 18% are unsure.
In a recent IPC industry survey and report, 24% of electronic manufacturers say the costs and burdens of compliance with Cybersecurity Maturity Model Certification may force them out of the U.S. Department of Defense’s supply chain.
As industrial sectors and the housing market showed moderate growth, manufacturers of adhesives and sealants have also reported a moderate increase in demand.
The largest gathering of adhesive and sealant professionals in North America in 2023, this three-day event will include concurrent technical sessions focusing on business development and market trends, regulatory information, market segment information, and new technology and applications. The EXPO will take place April 18 from 3:00-6:30 p.m. and will feature over 80 exhibitors.