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.
Greig O'Brien / ARCHITECT / October 2, 2013
Job growth plods along in September, with construction, manufacturing, and professional services all making gains.
In what could very well be the only jobs you’ll see this week, due to the shutdown of the federal government over the fight over passage of a continuing resolution bill, payroll firm ADP and its partner Moody’s Analytics have released their monthly employment report. According to this duo, the economy added 166,000 jobs in September, under the mark of 180,000 that was expected.
August’s initial reporting of 176,000 jobs added was revised down to 159,000 jobs added.Read More
Caroline Porter / September 30, 2013
More Demanding Jobs, Coupled With Recession, Have Postponed Young Americans’ Entry Into Workforce, According to New Report
The on-ramp to adulthood is delayed and harder to reach for young people today, a reality that is changing the country’s society and economy, according to a new report.
More demanding job requirements, coupled with the pressures of the recession, have delayed the transition to adulthood for young people in the past decade and earned them the title of “the new lost generation,” according to the report from the Georgetown University CenterRead More
Greig O'Brien / ARCHITECT / September 18, 2013
Five years after the world economy melted down, the AIA’s Architecture Billings Index for August shows that growth might be here to stay.
Last weekend was the five-year anniversary of the collapse of Lehman Brothers, an event that kicked off the sinking of the world economy into recession and to the brink of worldwide depression. For the past week, media commentators have been remembering the harried months that followed, which seemed like the end of days at the time. (One good example is Neil Irwin’s walk down memory lane for the Washington Post.) But now, for many, the memory of thoseRead More
Richard Florida / The Atlantic Cities / September 11, 2013
The study, from Kauffman’s Dane Stangler, compares the location of leading high-tech hubs, based on their start-up density, in 2010 and 1990, and finds that little has changed. The nation’s leading tech hubs in 2010 are more or less the same as they were twenty years earlier. Drawing from a concept first introduced by the economist Paul David, who uses the example of the persistence of the established yetRead 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