The October jobs report would seem to represent a peak in the construction industry as builders added only 1,000 jobs. But is more at play? … READ MORE >
The American housing deficit and what it takes to close it
At the end of last year, the U.S. was about 3.5 million homes short of the number required to maintain a stable market. … READ MORE >
How lumber tells the story of home building during the pandemic
Large home builders operate with scale advantages, which have allowed them to endure wild swings in costs of inputs like lumber. It’s a different story for small and midsize builders. … READ MORE >
How construction firms can manage a fractured supply chain
Contractors are telling us that their biggest challenge is getting materials to job sites for installation. Items like structural steel joints, windows and door frames that used to take a couple of days to deliver are now taking months to arrive. … READ MORE >
The hot housing streak endures: Spring 2022 outlook
Amid the ongoing pandemic, the real estate industry has shown significant opportunity and resilience. Check out RSM’s Real estate and construction industry outlook: Spring 2022 for trend … READ MORE >
Biden’s $1.2 trillion infrastructure package and the construction industry
The new legislation offers construction a sustained capital infusion over the next five to seven years that will provide longer-term opportunities for growth, while helping to shore up America’s aging infrastructure. … READ MORE >
How the construction industry can work toward a net-zero future
The construction industry has been resilient through the pandemic even as it confronts shortages of workers and raw materials, and rising inflation. But these challenges will pale in comparison to the ones that contractors will face as nations race to meet aggressive goals in reducing carbon emissions. … READ MORE >
Lessons from the American Dream mega-mall
The tortured history of American Dream is a lesson in how ambitious plans with the best of intentions can go awry. … READ MORE >
Why the housing market is not in a bubble
Not only are inventories below their historical averages, but buyers are also more credit-worthy – two significant differences from the housing bubble of the years before the Great Recession. … READ MORE >
How an ESOP can preserve a business, and a legacy
Many owners in the construction industry are looking to the employee stock option plan, or ESOP, when putting a succession plan in place. … READ MORE >