Economy: Page 93
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Deep Dive
Men (not) at work: Will construction's lingering labor shortage ever rebound?
Two million one-time workers are nowhere to be found. How can builders cope with the effects of the mass industry exodus?
By Sharon O'Malley • June 23, 2015 -
Construction design firm profits reach 6-year high
Still, the median for A/E companies remains below its 2007 peak and is not "an acceptable profit margin at all," according to the CEO of PSMJ Resources.
By Sharon O'Malley • June 22, 2015 -
Explore the Trendlineâž”
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
RealtyTrac: Foreclosure filings reach 19-month high
May’s increase was driven by an uptick in bank repossessions.
By Sharon O'Malley • June 19, 2015 -
Power sector slowdown hinders pace of construction growth
FMI reported that building of manufacturing facilities is growing faster than all other industries.
By Sharon O'Malley • June 18, 2015 -
Construction industries dominate list of fastest-growing small businesses
Climbing spending and dwindling unemployment have made the sector a leader, according to Sageworks.
By Sharon O'Malley • June 18, 2015 -
Wells Fargo: Misconceptions of mortgage requirements deter potential new homebuyers
Still, 65% of the 2,016 adults polled said they believe homeownership “is a dream come true.”
By Sharon O'Malley • June 18, 2015 -
Renting poised to outpace ownership as new households form
The Urban Institute pointed to tight credit, student debt and a lack of interest as barriers for first-time homebuyers.
By Sharon O'Malley • June 15, 2015 -
TN law creates nonprofit corporation to recruit young construction workers
The Go Build Tennessee Act will fund the campaign with state revenue from contractor fines and license renewal fees.
By Sharon O'Malley • June 15, 2015 -
3 in 5 Americans believe housing crisis still lingering
Still, a growing number said homeownership is a good investment.
By Sharon O'Malley • June 15, 2015 -
Mortgage applications spike as buyers lock in slowly climbing rates
Despite last week’s increase in activity, applications for new home loans dropped in May.
By Sharon O'Malley • June 12, 2015 -
Fannie Mae: Consumers optimistic about buying, selling homes
Still, 46% believe it would be difficult to qualify for a mortgage, the May National Housing Survey found.
By Sharon O'Malley • June 10, 2015 -
CoreLogic: Foreclosure inventory dwindles, but still burdens 'too many families'
The number of homeowners with delinquent mortgages is double the pre-recession rate.
By Sharon O'Malley • June 10, 2015 -
Construction unemployment dips in 49 states
Wyoming and its neighbors have the lowest jobless rates in the industry.
By Sharon O'Malley • June 9, 2015 -
Construction sector adds 17K jobs in May
Industry unemployment fell to 6.7% as the national economy grew by 280,000 positions.
By Sharon O'Malley • June 8, 2015 -
Construction employment grows in majority of metro areas year-over-year
The rallying private sector has created jobs as federal funding for public projects lags, the AGC reported.
By Sharon O'Malley • June 4, 2015 -
Report: Senior citizens drowning in mortgage debt
Still, builders remain optimistic about the 55+ housing market.
By Sharon O'Malley • June 3, 2015 -
Fed officials hint interest rates likely stable – for now
Analysts are reacting to news of a shrinking economy with predictions of a delayed short-term rate hike.
By Sharon O'Malley • June 3, 2015 -
Deep Dive
The neglected bellwether of industry stability: Fluctuating number of construction firms
The count has failed to rebound strongly since the steep recession dip, leaving many to question the progress of construction's recovery.
By Emily Peiffer • June 3, 2015 -
Construction spending skyrockets to 6-year high
Economists are looking to the sector to help the overall economy rebound.
By Sharon O'Malley • June 2, 2015 -
AGC: Volatile construction employment numbers reflect shaky industry recovery
30 states added construction jobs during April, up from only 19 in March.
By Emily Peiffer • May 27, 2015 -
Climbing home prices elicit concerns of another bubble
An economist said prices have historically increased about 1% each year, but the current rate is four times faster.
By Deborah Barrington • May 27, 2015 -
Mortgage applications slip for 5th consecutive week
The Mortgage Bankers Association also reported interest rates continued their slow rise.
By Emily Peiffer • May 27, 2015 -
Fed likely to delay interest rate hike, minutes reveal
Analysts now predict the federal increase, which would affect mortgage rates, will occur later this year or in early 2016.
By Emily Peiffer • May 21, 2015 -
Mortgage applications wane as interest rates climb
The Mortage Bankers Association's report Wednesday offered a less optimistic picture of the housing market's current state.
By Emily Peiffer • May 20, 2015 -
Dow, S&P rise following lackluster NAHB builder confidence results
Economists point to the unexpected drop in optimism as one more reason for the Fed to delay its interest rate hike.
By Emily Peiffer • May 19, 2015