More than a decade after the Great Recession, employment within the construction sector continues to lag behind pre-recession levels. Following the housing market crash in 2008, construction jobs experienced a
jury number does him i don t know if ever it told you what we paid but i told the nation at thank i said 2000 times it was a lot higher. i know it s what you get used to and people get used to lower rates and some states putting a stop to the housing industry. dew you agree with that? i don t. 1 of the surprises for me is how resilient housing and the housing market broadly has been in the last couple years while we raise interest rates. as you noted mortgage rates are above 7%. out of thought that would ve slammed the brakes on the housing market. what we ve seen is the single-family home market has slowed down. multifamily market or apartment building market has kept up much stronger and if you look at construction employment, it s continued to climb throughout this period we ve raised interest rates. so it s actually a head scratcher for me, how is it housing has been as resilient as
Construction costs have risen by 1.29% compared to the fourth quarter of last year and are 5.85% higher than the same time last year, according to construction advisory firm Rider Levett Bucknall's (RLB) quarterly Construction Cost Report. Meanwhile, the number of cranes in operation across the nation has decreased by 9% between the third and fourth quarters, suggesting a potential slowdown or shift in construction activity. This combination of increased costs and reduced crane use indicates fac
Construction has long been a male-dominated field. And while there is still a long way to go to achieve proportional representation, the share of female employment in construction has been
Construction has long been a male-dominated field. And while there is still a long way to go to achieve proportional representation, the share of female employment in construction has been