News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
AGC of America / December 17, 2013
The producer price index (PPI) for finished goods fell 0.5%, not seasonally adjusted (-0.1%, seasonally adjusted), in November and edged up just 0.7% over 12 months, the Bureau of Labor Statistics (BLS) reported December 13. The PPI for inputs to construction—a weighted average of the cost of all materials used in construction plus items consumed by contractors such as diesel fuel—also dropped 0.5% for the month and rose 1.1% year-over-year. The PPIs for inputs to different types of construction all declined for the month and increased only slightly year-over-year: residential, -0.3%Read More
AGC of America / November 22, 2013
Construction employment increased in 39 states over the past 12 months, the most widespread gains since April 2012, according to an analysis of data from the U.S. Department of Labor, conducted by Associated General Contractors of America. Association officials said action on needed infrastructure investments for water and transportation projects would help support continued employment growth for the industry.
“It is encouraging that three-quarters of the states are now adding construction jobs on a year-over-year basis,” said Ken Simonson, the association’s chief economist.Read More
Dave Colford / HW.com / October 17, 2013
The revolution in marketing is around data-driven decisions and digital marketing strategies. If it can’t generate a lead or be measured, why do it? Right? Hanley Wood just announced the completion of a major initiative that allows our customers to tap the full power of our audience database and inject new life in their marketing programs.
HW.com sat down with our Chief Customer Officer, Dave Colford, to discuss the initiative and why this matters to building product marketers.
HW.com: What is the Hanley Wood Media Network?
DC: It’s a major investment in all of our core media propertiesRead More
An unusually wet spring and early summer dampened cement consumption for the first quarter of 2013, but did not put a wet blanket on the opportunity for strong growth in the construction sector in 2014 and beyond.
According to the latest forecast from the Portland Cement Association (PCA), cement consumption will increase a modest four percent in 2013, but will approach double-digit growth in 2014 and 2015, with 9.7 percent consumption increases in both years.
“Nearly two-thirds of the anticipated growth in 2013 cement consumption will be caused by gains in the residential constructionRead More
Robert Dietz / NAHB / September 10, 2013
The count of construction sector job openings in recent months is at levels last seen in 2008 according to government employment data. While the increase of unfilled positions in 2013 is consistent with the uptick in construction sector activity, particularly for home building, the data reflect only modest increases in total employment thus far. The rise in the count of open positions is thus consistent with reports of local labor shortages.
For the construction sector, Job Openings and Labor Turnover Survey (JOLTS) data from the Bureau of Labor Statistics (BLS) indicate that grossRead More