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At its nadir during the recession, construction employment fell below 5.5 million nationwide. No industry felt the squeeze of that period in the late 2000s-early 2010s quite like construction, and the climb back has been slow.
However, with total construction employment in Summer 2016 sitting a bit below 6.7 million -- still 1 million below its peak in 2007 -- ...
The construction marketplace faces huge technological changes in the next five years.
Technology is changing the way many in the homebuilding industry do business and even the way they perform tasks on the jobsite. You’ve heard the saying “there’s an app for that.” Well, for builders and remodelers, it’s true!
Analysis of federal labor data by the Associated General Contractors of America shows construction employment growth, but the report "shows the fragile and fragmentary nature of the industry’s recovery,” said Ken Simonson, the association’s chief economist, in a prepared statement.
“Construction employment increased in 37 states during the past 12 months — the largest number with gains since early ...
Total construction put in place for 2014 will be $62 billion greater than last year — a 7% increase according to the latest report from FMI. CPIP should finish this year around $972 billion and is expected to top $1.04 trillion in 2015.
Commercial and manufacturing construction are two of the largest growth sectors, accounting for more than $111 billion ...
Trulia’s latest American Dream survey reveals consumer optimism about homeownership is rebounding as the housing market recovers, even among young adults who were often pegged as renters for life during the recession. Meanwhile, rising prices will encourage some homeowners to sell in 2013.
The headline from the Commerce Department report on new home sales this morning was that August delivered a 7.9% increase over July. The Commerce Department numbers for August surprised analysts just like the existing home sales data last week because it seems that many folks have bought into the idea that rising interest rates are choking off the nascent housing ...