Builders' Pessimism Is at an All-Time High, a New Survey Finds

The National Association of Home Builders said on Tuesday that builder confidence had dropped to 2012 levels in October, providing additional indication that rising prices and borrowing rates are having a negative impact on the housing market.

The National Association of Home Builders i...

S. KOREAN SHIPBUILDERS RECEIVED HIGHEST ORDERS IN JAN-MARCH PERIOD

Highlights –

• S. Korean shipbuilders received highest orders in Jan-March period.
• HHIC won new orders for 126 ships or 5.32 million CGTs in Jan-march period.
• KSOE won new orders of 68 ships at $5.5 billion.
• Samsung Heavy Ind...

S. KOREA’S GLOBAL SHIPBUILDING ORDERS RISE IN FEBRUARY

Highlights –

• S. Korea’s global shipbuilding orders rise in February.
• HHIC won new orders of 43 ships or 1.56 million compensated gross tons (CGTs).
• S. Korea bagged orders for 7 very large crude carriers, five A-Max oil tankers, ...

S. KOREAN SHIPBUILDERS HAVE INCREASED ORDER TARGETS BY 40% IN 2021

Highlights –

• S. Korean shipbuilders have increased order targets by 40% in 2021.
• KSOE set an annual combined order target of its three units at US$14.9 billion in 2021.
• Samsung Heavy Industries Co. aims to win new orders worth $7.8 bi...

HYUNDAI’S SHIPBUILDING UNIT TO UNDERGO TEMPORARY SHORTAGE OF ORDER BACKLOGS

Highlights –

• Hyundai shipbuilding unit to undergo temporary shortage of order backlogs.
• The shortage of order backlogs is predicted to take place in the second half of the year.
• Construction of ships to be delivered by 2022 will start...

HOW CAN VEGETARIANS BUILD BODY?

Highlights:

-It is considered that vegetarians can’t have a strong body.

-They can become bodybuilder by making changes in their daily diet.

Traditionally, it is believed that those who survive on vegetables, can never become b...

AI has not had a construction effect, yet

This year saw a shortage of housing inventory among different shortages within the housing industry, however, it seems homebuilders are getting down to move towards utilizing new technology to deal with these problems.

Accordin...

Can US economy be propped by housing market?

Despite a recent drop by retail sales, softer business defrayal and a holdup in job growth, the housing market keeps buzzing on. That is excellent news for an America economy that will want housing to stay the present recovery alive.

The National Association of Home Builders according t...