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IPCO Announces New CEO

IPCO, Sandviken, Sweden, announced that Robert Hermans has been names CEO, effective May 2021. Hermans currently serves as Executive Vice President and deputy CEO of Gunnebo AB, a Swedish firm specializing in security products, services and solutions. See IPCO

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Canadian Construction Investment Down in September

Total investment in Canadian building construction in September was $15.2 billion (CAD), declining 1.7% from August. Residential construction was 1.6% higher than August at $10.7 billion, while non-residential totals were 8.5% lower in September at $4.5 billion. Single-family spending decreased 4.5% to $6.3 billion in September, however multi-unit investment grew 2.3% to $6.2 billion compared

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Mexico Leads Latin American Hotel Construction in Q3

The third quarter pipeline for hotel construction in Latin America totaled 671 projects and 116,731 rooms, dropping 7% and 11% respectively, compared to the same period in 2019. Projects in the early planning had the sharpest declines by 23% with 40% less rooms compared to third quarter 2019.  Mexico led the region in construction with

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Mexico Manufacturing Strengthens in October

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in October was 43.6, a seven-month high and an increase of 1.5 points from September. Though conditions have improved over the last seven months, October PMI data pointed to steep contractions in sales, output and employment continuing from the COVID-19 pandemic. The PMI index is composed

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Interior Design Billings Unchanged in September

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, was unchanged at 52.2 in September for the third consecutive month. Any score over 50 indicates growth. Index levels for firms in the South and Midwest expanded to 58.0 and 50.5, respectively, while the West

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IPCO Announces New CEO

IPCO, Sandviken, Sweden, announced that Robert Hermans has been names CEO, effective May 2021. Hermans currently serves as Executive Vice President and deputy CEO of Gunnebo AB, a Swedish firm specializing in security products, services and solutions. See IPCO

Read More »

Canadian Construction Investment Down in September

Total investment in Canadian building construction in September was $15.2 billion (CAD), declining 1.7% from August. Residential construction was 1.6% higher than August at $10.7 billion, while non-residential totals were 8.5% lower in September at $4.5 billion. Single-family spending decreased 4.5% to $6.3 billion in September, however multi-unit investment grew 2.3% to $6.2 billion compared

Read More »

Mexico Leads Latin American Hotel Construction in Q3

The third quarter pipeline for hotel construction in Latin America totaled 671 projects and 116,731 rooms, dropping 7% and 11% respectively, compared to the same period in 2019. Projects in the early planning had the sharpest declines by 23% with 40% less rooms compared to third quarter 2019.  Mexico led the region in construction with

Read More »
mexican flag

Mexico Manufacturing Strengthens in October

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in October was 43.6, a seven-month high and an increase of 1.5 points from September. Though conditions have improved over the last seven months, October PMI data pointed to steep contractions in sales, output and employment continuing from the COVID-19 pandemic. The PMI index is composed

Read More »
icon of a graph

Interior Design Billings Unchanged in September

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, was unchanged at 52.2 in September for the third consecutive month. Any score over 50 indicates growth. Index levels for firms in the South and Midwest expanded to 58.0 and 50.5, respectively, while the West

Read More »
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