Construction Output in Second Quarter of 2020 Significantly Slows Due to COVID-19 Pandemic

According to The Associated Builders and Contractors (ABC), Chief Economist Anirban Baus, the “ABC’s Construction Confidence Index indicated that a majority of contractors suffered some form of interruption to their activities during the second quarter of 2020, whether due to a lack of available inputs as global supply chains buckled, project postponements or cancellations, jobsite workforce issues or state and local government mandates.”

Wisconsin Rapids Papermill Hoping to Find New Life

For over a hundred years the paper plant in Wisconsin Rapids, Wisconsin, has been taking energy from the Wisconsin River and combining it with wood pulp turning it into the glossy paper used by U.S. magazines and for high end advertisements.  

FEA’s Weekly Orders Survey – Dealers Remain Optimistic About Near-Term Business Activity

Additional positive news coming from the housing industry this week, combined with continuing near record low mortgage rates, and an increase in the number of buyers who are actively pursuing the purchase of a new or existing home, provided dealers responding to our Weekly Orders Survey more reasons to remain optimistic about their near-term business activity.