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Weekly Grind: Good and Bad News for Homebuilders, plus Construction Gets a Jobs Boost


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CAUTION: This info might keep you up at night.

Everyone’s “Things That Keep You Up At Night” list is filled with labor shortage nightmares. But you’ll also want to sleep with one eye open for rising construction input prices. Here’s why…

Builder confidence hits 12 year high. But will it last?

2017 just keeps getting better for homebuilders as the market for newly-built single-family homes jumped six points to a level of 71 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). With cost pressures and labor shortages affecting homebuilders, what will happen next?

Construction jobs data: Is the glass half empty or half full?

Talk about mixed messages. The Associated General Contractors of America just announced that 39 states added construction jobs in January. But as firms find ways to expand their headcount, demand is outstripping the supply of talent. So is this an opportunity or a challenge? There's only so much that you can do.

Nonresidential backlog fell 4%, and it’s not because of increased productivity.

According to the latest Construction Backlog Indicator (CBI), during the last quarter of 2016 backlog dropped mainly because of a decrease in private investments. Procore’s Chief Economist, Anirban Basu, has some good news for you.

It’s party time for builders who work in this market. Can you guess who?

Spring is coming and it’s bringing more than just Peeps and Cadbury Eggs. Early numbers for this sector suggest a cause for celebration. Is it time to bring out the champagne?

Do you know what’s in your books? This company didn’t and look what happened to them…

Two former employees of Whaley Construction Company and their relative have been charged with theft of more than $1.8 million in one of the largest reported theft cases in Pike County History. Find out how they did it and learn how to protect yourself.

Don’t let this happen to you: Company found guilty of unlawfully firing employee

From what we can tell, this story is missing one thing: HR protocols. Knowing what the court ordered this company to cease and desist from could save you a trip to your lawyer’s office.

They might not be on your Super Bowl LII watch list, but their new stadium is turning heads!

By the numbers, Dallas-based HKS has gone big on this build. The $2.66 billion, 70,000-seater-stadium will use more than 36,000 panels of aluminum that are breathable beyond belief!

In Cambodia, women are one-third of construction’s workforce. See for yourself...

Photographer Charles Fox's latest project documents the challenges of women on Cambodia’s jobsites. Sandals and sun hats are the least of their worries. See the photo gallery for yourself.