JOURNAL ARTICLE

Data Centers and Highways Fuel Construction Growth as Housing Stalls.

  • Published In: Wall Street Transcript, 2026. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: V. S. B. 3 of 3

Abstract

The article focuses on the current state of the construction materials and building products sector, highlighting the impact of various macroeconomic factors on housing and infrastructure. Garik Shmois, a Managing Director and Senior Equity Analyst at Loop Capital Markets, discusses how elevated interest rates have led to stagnation in the housing market, affecting affordability and new residential construction. Conversely, he notes optimism in infrastructure spending due to the Infrastructure Investment and Jobs Act (IIJA), which is expected to support highway and street construction until 2026. Shmois also addresses challenges posed by climate change and the ongoing consolidation in the industry through mergers and acquisitions, while expressing cautious optimism about certain companies within the sector. [Extracted from the article]

Additional Information

  • Source:Wall Street Transcript. 2026/01, p1
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2026
  • ISSN:0043-0102
  • Accession Number:190777349
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