On Oct. 24, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for September 2022. The housing market has entered a wait-and-see phase—consumers are trying to decide if it makes sense to buy today or wait.
With its October Market Trends Report, Ritchie Bros. takes a closer look at sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers.
Construction association survey finds labor shortages and supply chain problems are constraining further nonresidential growth; officials urge public leaders to reform training and immigration policies
Total construction spending decreased by 0.4% in July as spending on new houses and apartments tumbled, overshadowing a pickup in private nonresidential and public construction, according to an analysis the Associated General Contractors of America released on Sept. 1 of federal spending data.
Pro-oriented, residentially focused construction supply companies acquired 671 locations and opened 154 others in 2021, capping one of the busiest years ever for lumberyards, specialty dealers and related firms, Webb Analytics’ just-released 2021 Deals Report finds.
Job growth accelerated in July amid higher inflation and growing economic pressures. Total nonfarm payroll employment increased by 528,000 and the unemployment rate edged down to 3.5% in July.
Association official says labor shortages are keeping the construction sector from adding even more jobs, urges new public investments in construction workforce development and training programs
Construction firms added 32,000 jobs in July as the sector’s unemployment rate fell to 3.5% and the number of unfilled construction positions approached record levels, according to an analysis of federal employment data released today by the Associated General Contractors of America.
A study published by the American Institute of Architects, in partnership with the Associated General Contractors of America, sheds new light on the relationship of architects and contractors and the needs of both professions.
Construction starts are once again increasing after a slowdown in the fourth quarter of 2021. But labor shortages continue, and after a brief decline, materials prices are again climbing, caused partially by the war in Ukraine.
Advanced building materials, smart buildings, BIM, digital twins, and modern methods of construction are amongst the more transformative technologies set to shape the industry