All three HMI components reportedly registered losses in July, but are still in solid territory.
July 18, 2017
Builder confidence in the market for newly built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Carlton’s factory, first established in the 1880s, currently manufactures up to 37 million wire-cut brick per year and has a product offering that complements the geography and market segment of Michelmersh.
July 7, 2017
Michelmersh Brick Holdings plc recently announced that it has acquired the entire issued share capital of Carlton Main Brickworks Ltd.
All three HMI components posted losses in June but remain at healthy levels.
June 26, 2017
Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to a level of 67 from a downwardly revised May reading of 69 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Multi-family starts fell 9.2% to a seasonally adjusted annual rate of 337,000 units, while single-family production remained essentially unchanged.
May 25, 2017
Nationwide housing starts fell 2.6% in April to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
The Clemson Brick Forum is a place of collaboration, education, and research for the brick industry. Education and research are the main focus during the day; hospitality and networking are the main focus after 5:00PM. Read More