Economics

Economics (21)

Builders’ Survey: The Future is Bright in 2020

A recent survey from the Associated General Contractors of America (AGC) found most contractors have expressed optimism about the financial outlook of upcoming projects and plan to continue adding workers through 2020. However, finding labor still remains a challenge.

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Material Prices Down, Employment Up in August: Reports

A pair of reports from leading industry trade groups shows construction input prices are down nearly 1% year-over-year while employment is up 2.4%.

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Material Costs Rising As Trade Talks Are Up in the Air

According to a new report, construction material costs were up almost 1% in April, and 2.4% compared to the same time last year.

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New Homes Month Brings Mixed Bag of Jobs, Pricing Data

While April is New Homes Month, new data shows prices remain an obstacle for those looking to move into a new place.

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Commerce Dept: Construction Spending Tapered Off As Year Ended

Despite an expectation it would increase, construction spending in December fell as public and private investments each dropped. So reports CNBC.

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Wages Up 3.9% Year-Over-Year, Outpacing Economy

Hourly wages in the construction industry climbed to $30.44 last month, pushing the average wage up almost 4% from December 2017 to December 2018, according to an analysis from the Associated General Contractors of America (AGC).

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Stock Prices Take Hit As Home Sales Down 8.9%

Home-builder stocks dropped amid a steep dip in October home sales. So reports MarketWatch.

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Confidence Up In October Amid Growing Economy

U.S. builder confidence grew in October as faith in the market for new, single-family homes crept up by a point. So reports World Property Journal.

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Construction Jobs Hit High, Labor Shortage Still Hampering Growth: Trade Groups

Construction employment hit a 10-year high in 2018, adding 19,000 jobs last month, according to information from the Associated General Contractors of America.

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