45°F
weather icon Windy

Construction industry struggles reflected at IBS

The International Builders Show that runs through Friday at Las Vegas Convention Center is a good indication of how the home construction industry is struggling this year.

Several exhibitors at the trade show estimated that attendance is probably down 30 percent to 40 percent this year. Attendance was projected at 100,000.

Large exhibitors such as DeWalt and Bosch power tools were absent from this year's show. An estimated 1,900 companies displayed home building products in some 300 categories.

It costs about $40 a square foot for exhibit space at the show, with a minimum booth size of 100 square feet.

According to the National Association of Home Builders, 84 percent of IBS attendees authorize, specify or recommend purchases; 62 percent hold key executive titles; and 50 percent make it the only trade show they attend. They spend an average of 11.3 hours on the show floor, 37 percent more than the average trade show.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
Minneapolis protesters vent their outrage after an ICE officer kills a woman

Minneapolis was on edge Thursday following the fatal shooting of a woman by a federal officer taking part in the Trump administration’s latest immigration crackdown, with protesters venting their outrage, the governor demanding that the state take part in the investigation and schools canceling classes as a precaution.

2 killed in Mormon church parking lot in Utah

A shooting outside a church building in Salt Lake City killed two people and injured six others, police said.

MORE STORIES