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The Dangers of Abbreviating ‘2020’ on Legal Documents

With the new year just underway, construction creditors will begin to sign and date new forms for construction projects—but how creditors write out these dates and how they handle this critical information may see a new challenge in 2020.

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Past Concerns, Pending Election Factor into 2020 Construction Outlook

Uncertainty of an economic slowdown fueled predictions at yearend in 2019 but dissipated when the anticipated signs of a downtrend failed to come to fruition. While some are carrying 2019 concerns into 2020, others are questioning how the industry will fare against the presidential election in November.

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New Home Sales Increase After Downward Revision

New single-family home sales are on the rise after the previous month's rate was revised downward. The Census Bureau and Department of Housing and Urban Development announced earlier this week new home sales in November were at a seasonally adjusted rate of 719,000, up 1.3% from October.

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