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Permit Activity Continues Decline in March 2025

For the third month in a row, permit numbers are declining. The total number of single-family permits issued year-to-date (YTD) in the first three...
Jack Bjorklund -
Builder Data & Analysis

The Highest-Paid Occupations in Construction in 2024

According to the most recent May 2024 Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) and a National Association of Home Builders...
Jack Bjorklund -
Builder Data & Analysis

Residential Building Worker Wage Growth Slows in March 2025

According to the most recent report from the US Bureau of Labor Statistics (BLS), wage growth for residential building workers continued to decline in...
Jack Bjorklund -
Builder Data & Analysis

Home Building and Remodeling Spending Sees Dip in March

In March, private residential construction spending fell by 0.4%, owing primarily to a reduction in home improvement investment. This dip came after five months...
Jack Bjorklund -
Builder Data & Analysis

Job Openings Decline Significantly as Economy Slows

Consistent with dismal mood data, the number of job vacancies in the overall economy and construction declined in March as firms paused hiring plans...
Jack Bjorklund -
Builder Data & Analysis

US Homeownership Rate Falls to Five-Year Low

According to the Census' Housing Vacancy Survey (HVS), the homeownership rate fell to 65.1% in the first quarter of 2025, its lowest level since...
Jack Bjorklund -
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