Builder Profits Fell In 2020, The First Drop Since 2008

Builder Profits Fell In 2020, The First Drop Since 2008

ByTMN Editor Reading Time: 1 minute

Builder gross profit margins fell to 18.2% in 2020, while net profits slipped to 7%, according to NAHB Builders’ Cost of Doing Business Study. This is the first profit margin decline since 2008. The study surveyed single-family builders across the U.S. It found that builders averaged $13.7 million in revenue for the fiscal year of…

Russia’s Attack On Ukraine Felt By Builders In U.S.
| |

Russia’s Attack On Ukraine Felt By Builders In U.S.

ByTMN Editor Reading Time: 4 minutes

By CHUCK GREEN Builders in the United States are feeling the effects of Russia’s invasion of Ukraine, leading some experts to say there will be ramifications in the home and commercial markets. “Already, retail gasoline and diesel prices have jumped by record amounts and reached record levels. Construction firms use large amounts of fuel for…

End of content

End of content