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.
Jean Dimeo / BUILDER / July 22, 2013
Why keeping smart, educated women on the job can help your bottom line.
In the August issue of BUILDER, we take an in-depth look at the construction workforce as home building revs up. The focus of the report is on the availability of tradespeople because those are the folks who get the houses built.
We didn’t report on women in construction because the trades are dominated by men and women mainly work in non-jobsite functions. But as your company staffs up for the housing rebound, you also should consider how women fit into your company’s profitability. Here’s why:
The 2010 U.S. CensusRead More
ForConstructionPros.com / July 8, 2013
Every major construction segment experienced employment gains, bringing construction industry unemployment rate down to 9.8% for the first time since September 2007
In June, the nation’s construction industry unemployment rate fell to 9.8 percent for the first time since September 2007 with the addition of 13,000 jobs, according the July 5 report by the Department of Labor. Since June 2012, the industry has added 190,000 jobs — a 3.4 percent increase.
Every major category of construction experienced gains in employmentRead More
Greig O'Brien / ARCHITECT / June 3, 2013
ADP and Moody’s Analytics released their June employment report, which shows stronger job growth across the economy.
Greig O'Brien / ARCHITECT / June 19, 2013
After a month of contraction, the AIA’s Architecture Billings Index shows growth again in the design and construction industry.
In May, the American Institute of Architects’ Architecture Billings Index marked a return to growth in the demand for architectural design services. April saw the first dip into negative territory for the index in nine months, which appears for now to have been an outlier. With a national score of 52.9, up more than four full points from March’s score of 48.6, the architecture industry saw a significant reversal of fortune. (A score above 50.0 in the index meansRead More
An important reason why the economy has not recovered from the Great Recession as quickly as in prior economic downturns is that a traditional leader of economic growth – housing – has been stifled.
In recent months however, housing has returned to contributing to economic growth, with home building alone responsible for 20 percent of GDP growth in the last six quarters.
And when it comes to job growth and housing, it is often the change in payroll employment for home builders and residential contractors that attracts the most attention. As of April 2013, total home building employmentRead More