Ed Z @EdZarenski
Construction Economic Analyst/Author, Instructor, 30yr estimator, past runner, still skier, dogdad, granddad. PSU. Teach astronomy. Blog https://t.co/59SmXauUUJ edzarenski.com Cumberland, RI, USA Joined March 2012-
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Recent Message on LinkedIn Ed, I just finished reading your construction forecast article. Very informative and well done!! Thank you for keeping all of us contractors informed and ready for what's to come. I wish you the best, DM Thank you, DM. edzarenski.com/2024/02/09/con…
In 2022, nonres bldgs construction starts were 30% higher in 2nd half than in 1st half. In 2023, they were 15% higher in 2nd half than in 1st half. To some extent this may produce a wavy spending plot over the next few years, similar to that shown here for 2024 and 2025
Today! We're joined by Bermuda Search Party (formerly Q-Tip Bandits) for Live Music Friday on @BosPublicRadio.
Been to a few of these places. All were good. A favorite is Delores, Mexican. Behind the bar, 40 different kinds of Tequila and Mezcal. Will definitely try more of these places.
Been to a few of these places. All were good. A favorite is Delores, Mexican. Behind the bar, 40 different kinds of Tequila and Mezcal. Will definitely try more of these places.
If you read one thing about the Iowa abortion argument in SCOTUS today, make it this! An ER doctor patiently disassembles the state's arguments. msnbc.com/opinion/msnbc-…
Half of payroll workers in construction earn more than $58,500 and the top 25% make at least $79,450. In comparison, the U.S. median wage is $48,060, while the top 25% makes at least $76,980. See which #skilledtrades earn the most: eyeonhousing.org/2024/04/highes…
Over the last year, more than $51B has been spent on manufacturing construction in the Greater Texas area, with $40B spent in the Mountain West, another $40B spent in the Great Lakes, and $29B spent in the Southeast
Construction Inflation Rsdn, Nonres Bldgs, Nonbldg Infra 2024 frcst = 3.6%, 4.5%, 4.7% 2023 = 2.5%, 5.3%, 6.7% 2022 = 15.7%, 12.1%, 17.1% 2021 = 13.7%, 8.2%, 8.2% 2020 = 4.2%, 2.4%, -0.5%
2026 is going to be the first year where the economy really feels the after-effects of the higher interest rate environment, as projects that never got started in 2023-24 because rates were high don’t deliver.
Amazing tidbit in today's @WSJ: Every query on ChatGPT uses 10x the electricity as a search on Google. Wow. Bonus tidbit: Every Google search requires 2 tbsp of water—real water, not virtual. If you Google 150x a day, that's 1 gal of water. —> wsj.com/business/energ…
PPI Construction Inputs for Rsdn, Nonres and Hiway all come in at +0.3% for Mar. Nonres and Hiway both lowest qtr since Q2'22. Rsdn 2nd lowest (by 0.2%).
PPI Construction Inputs for Rsdn, Nonres and Hiway all come in at +0.3% for Mar. Nonres and Hiway both lowest qtr since Q2'22. Rsdn 2nd lowest (by 0.2%).
PPI Inputs to Construction AVG YTD'24/Avg'23 Nonres Bldgs +1.0% Rsdn Bldgs +1.6% Highway/Bridge +1.4% PPI Construction Inputs have been relatively tame since Q1'23
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One of my favorite reports. Good to see volume moving and forecasting higher with spending gains in this latest one. 80% of spending is still eaten by inflation though. Plenty more insights in his link.
Recent Message on LinkedIn Ed, I just finished reading your construction forecast article. Very informative and well done!! Thank you for keeping all of us contractors informed and ready for what's to come. I wish you the best, DM Thank you, DM. edzarenski.com/2024/02/09/con…
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Half of payroll workers in construction earn more than $58,500 and the top 25% make at least $79,450. In comparison, the U.S. median wage is $48,060, while the top 25% makes at least $76,980. See which #skilledtrades earn the most: eyeonhousing.org/2024/04/highes…
Rhode Island, hands down. Incredible food, an adventurous arts scene, gorgeous scenery, and bonkers political history. Oh, and there's a cross-state hiking trail too.
What is the smallest state that punches the most above its weight?
@tribelaw Is it really sad? Or is it the appropriate response to someone who seemingly cares only about himself?
Unless you’re in Mt. Airy, NC
Prices rarely go down. You will probably never pay less than $10 for a Caesar salad ever again. That sucks for all of us. BUT. Paychecks are catching up to prices. That $10 Caesar salad may start fitting into your budget a little easier. This is how the economy heals.
2026 is going to be the first year where the economy really feels the after-effects of the higher interest rate environment, as projects that never got started in 2023-24 because rates were high don’t deliver.
As @XanderSnyderX recently pointed out in his blog, the number of apartments under construction nationwide peaked last summer, but is still near an all-time peak, with 940,000 currently being built. Many of these apartments are coming to market now. As a result, we can expect the…
I am a reply guy, and that’s ok. This platform wouldn’t exist if it was for me. I have value.
A little personal news, as they say. In a rare synergy between work and poking around, I am going to be walking the entire 93-ish mile perimeter of Boston over the next two weeks. And I will be writing a story about it. (And yes, I will be completely bypassing Brookline.)
Kimberley May (2:03.46) breaks her own program and facility record in the women's 800m!
How turning food waste into fertilizer is benefiting disability community | Click on the image to read the full story wcvb.com/article/turnin…
How Nespresso & Keurig spend millions trying to solve coffee pod waste Watch the full video: trib.al/ycmaMkZ
Love the present cost stability in construction but don't try not to get surprised.... again.
PPI Inputs to Construction AVG YTD'24/Avg'23 Nonres Bldgs +1.0% Rsdn Bldgs +1.6% Highway/Bridge +1.4% PPI Construction Inputs have been relatively tame since Q1'23
Many couples today are opting for a “sleep divorce” instead of following the typical marital path of sharing a bed on.wsj.com/3xD3CkR on.wsj.com/3xD3CkR