Economy: Page 73
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Pew: Jobs requiring physical labor haven't changed much
Still, more than half of workers said that continuing education is necessary as industries adapt to new technology, outsourcing and streamlined workflows.
By Kim Slowey • Oct. 11, 2016 -
Dodge Momentum Index falls 4.3% in September
Volatility returns to the nonresidential construction index after five straight months of gains.
By Kim Slowey • Oct. 11, 2016 -
BLS: Construction added 23K jobs in September
Despite the hefty increase, industry groups claim that contractors are combating skilled-worker shortages.
By Kim Slowey • Oct. 10, 2016 -
LendingTree: Student debt continues to keep millennials out of the housing market
Many are concerned that they won't be able to afford a down payment.
By Kim Slowey • Oct. 7, 2016 -
ADP: Construction adds 11,000 jobs in September
The gains make up for about the same number of losses over the past few months as construction employment stalls amid tight labor conditions.
By Kim Slowey • Oct. 7, 2016 -
Ex-Goldman exec holds fourth-largest stock of single-family homes, raising money for more
With foreclosure inventories dwindling, he'll have to try his hand on the open market.
By Kim Slowey • Oct. 6, 2016 -
CoreLogic: Home price growth triggering 'affordability crisis' in US markets
Single-family home values are up 1.1% month to month and 6.2% year over year, but a slowdown in price growth could be on the horizon.
By Hallie Busta • Oct. 4, 2016 -
TX dominates list of top regions for construction employment opportunities
Construction employment grew at almost double the rate of the national average across all sectors from 2012 to 2015, according to ABODO.
By Kim Slowey • Oct. 4, 2016 -
Construction spending unexpectedly tumbles 0.7% in August
Despite low interest rates and a strengthening economy, stronger spending growth has failed to materialize.
By Emily Peiffer • Oct. 3, 2016 -
20 hottest housing markets in September
Limited housing inventory coupled with rising demand is continuing to push prices skyward, according to Realtor.com.
By Kim Slowey • Oct. 3, 2016 -
NAR: Pending home sales fall 2.4% in August amid inventory concerns
The report wraps up an otherwise-encouraging month of housing and construction data.
By Hallie Busta • Sept. 29, 2016 -
Bloomberg: Declining heavy truck sales foretell potential weakness in overall US economy
The ups and downs of large equipment manufacturers like Caterpillar are considered bellwethers of future economic activity.
By Kim Slowey • Sept. 29, 2016 -
AGC: Shortage of workers — not work — as construction payroll growth hits 3-year low
The AGC said the employment numbers indicate the need for more federal funding of career and technical education programs.
By Kim Slowey • Sept. 29, 2016 -
Booming housing prices raise bubble fears — but economists don't expect a collapse
However, S&P/Case-Shiller noted that the current rapid rate of home value appreciation is not sustainable for the long-term.
By Kim Slowey • Sept. 29, 2016 -
New home sales dip 7.6% in August — but still beat predictions
A pullback in sales last month was expected after July had the strongest showing since October 2007.
By Emily Peiffer • Sept. 26, 2016 -
Dodge Data: Construction starts skyrocket 21% in August
Large projects within the nonresidential and nonbuilding sectors, as well as a 5% bump in residential, were responsible for last month's strong showing.
By Kim Slowey • Sept. 23, 2016 -
Realtor.com: Watauga, TX, leads the nation's 'hottest' ZIP codes for housing
Millennials are heading west in search of housing that is affordable and located near major metros.
By Kim Slowey • Sept. 23, 2016 -
Existing-home sales continue to slow in August, missing analyst expectations
This marks the second-consecutive month of softening sales as housing inventory tightens.
By Hallie Busta • Sept. 22, 2016 -
Trulia: Housing inventory drops 7% in the third quarter, some regions see growth
The number of available homes on the market fell for the fifth-straight quarter, contributing to continued affordability concerns.
By Kim Slowey • Sept. 22, 2016 -
Institutional, heavy engineering sectors bring nonresidential starts down 2% in August
Overall new building activity slowed in August, despite significant gains in the commercial category.
By Kim Slowey • Sept. 22, 2016 -
Reports highlight critical risks for drones, robots in the workforce
Stealing data and destroying equipment are among the concerns around the next wave of construction technology.
By Chris Wood • Sept. 21, 2016 -
UPS expands 3-D printing services to Singapore, broadening access to on-demand manufacturing
Additive manufacturing services continue to expand, affording AEC firms new opportunities for prototyping and product inventory management.
By Chris Wood • Sept. 21, 2016 -
ABC: Large-contractor backlog reaches record high of 14 months
The previous project queue record for companies with $100 million or more in annual revenue was 12.5 months.
By Kim Slowey • Sept. 21, 2016 -
Only 24 states added construction jobs in August as firms struggle to find workers
The AGC is calling on lawmakers to boost funding for technical schools to help ease the tight labor market.
By Kim Slowey • Sept. 21, 2016 -
Architecture billings contract in August, but project pipeline hints at growth
While design services stalled, sub-indexes tracking project inquiries and design contracts promise a future rise in activity.
By Hallie Busta • Sept. 21, 2016
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