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The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, though single-family activity managed a small gain. Building permits ...
Non-residential construction costs rose 2.24% in Q1 2025 as tariffs and trade policy shifts create uncertainty across U.S. labor and supply chains.
New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build.
Working in the skilled trades is not simply another job. Professional craftsmen in the residential construction industry are compensated well for their expertise and help build communities. Beyond ...
While non-residential contractors added an estimated 11,300 jobs in May, firms working in the residential sector shed an estimated 7,500 positions, according to the BLS.
The drop in new home construction in April comes at a time when home affordability is near generational lows amid persistently elevated mortgage rates and a shortage of homes for sale. A prolonged ...
Two housing trade groups have sued the state of Michigan, challenging new residential construction and energy-conservation codes they contend will raise costs.
The Cleveland market has become known for its successful conversion of office buildings into residential developments. Cleveland Construction is both largely responsible for the city having that ...
U.S. construction spending unexpectedly fell in April, weighed down by a decline in outlays on single-family housing projects amid higher borrowing costs and a rising supply of unsold homes.
As wildfires increase in frequency and severity, the construction industry is turning to advanced fire-resistant building techniques and materials to create “fire-hardened” homes that can ...
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