Tag: spur
-
Fed’s rate cut boosts existing construction projects, more needed to spur new builds
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Contractors sensed growing momentum across the construction market after the Federal Reserve again lowered interest rates Wednesday, its third cut of 2025. The central bank trimmed its benchmark rate by another 25 basis points, which extends a…
-
IRA tax credits spur construction, manufacturing in red and blue states
Emmanuel Martin-Lauzer is director of business development and public affairs at Nexans. The jury is still out on whether the Inflation Reduction Act (IRA) has helped contain or reduce inflation. Nevertheless, certain provisions have delivered tangible benefits that deserve closer examination before any potential repeal. While some provisions may not have broad appeal, one success…