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"While credit scarcity and economic uncertainty continue to weigh down remodeling, signs of increasing consumer interest are promising," says NAHB Chief Economist David Crowe.

Construction employment rose by 33,000, the largest gain in nearly four years, but much of the increase may have represented catch-up from a weather-exacerbated drop of 22,000 jobs in January.

North Central Wholesalers Association members realized a median 6.6% gain in sales for 2010.

Cooling and heating equipment shipments rise slightly at the end of 2010.

HARDI announced North American HVACR average distributor sales for December closed out 2010 in line with the association’s forecast; but failed short of most manufacturer and analyst projections going into the year. 

Recent data gathered by IHS Global Insight found that U.S. construction spending fell 2.5% in December 2010.

Overall nonresidential construction spending is expected to decrease by two percent in 2011, with 2012 seeing an increase of five percent in inflation adjusted terms.

According to recent data gathered by IHS Global Insight, U.S. equity markets continue to fluctuate without conviction one way or another.

A year-end business conditions survey by the North Central Wholesalers Association (NCWA) reveals that positive sales continued for the year for distributors in the region.

According to the Fourth Quarter U.S. Construction Briefing by IHS Global Insight’s Construction Service, U.S. construction spending will be flat in 2011, pushed higher by positive second half gains in the residential and commercial sectors.