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Construction labor crunch drives up costs and deepens America’s housing affordability crisis
Labor shortfall in construction industry resulted in 19,000 fewer homes built in 2024 and $10.8 billion economic hit, ...
The current level of open jobs is down measurably from two years ago due to declines in construction activity, particularly ...
The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
QBE North America’s 2025 report is shaping the outlook for 2026, highlighting labor shortages, rising material costs and ...
The September jobs report shows construction added 19,000 jobs and wages rose, boosting contractor optimism even as ...
Rising materials prices are keeping procurement unpredictable for contractors, said Macrina Wilkins, senior research analyst ...
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How much it really costs to build a house in 2025: The budget breakdown every future homeowner should see
Building a home today requires a realistic understanding of costs before the first shovel ever hits the ground.
CHICAGO--(BUSINESS WIRE)--Inflation has eased across the Americas, causing construction cost increases to drop below their 5- and 10-year averages, but the sector still faces uncertainties due to new ...
Following months of speculation, the Federal Reserve cut interest rates in September by half a percentage point, and a boost in new construction is expected as soon as the start of next year, ...
It costs $534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. The cost of construction ...
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