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NAHB: Builder Credit Tightens, Mixed Cost Results

Borrowers and lenders agreed that credit for residential Land Acquisition, Development, and Construction (AD&C) tightened further in the fourth quarter of 2024, according to...
Jack Bjorklund -
Builder Data & Analysis

Residential Construction Input Prices Rise in January

According to the most current Producer Price Index (PPI) report published by the United States Bureau of Labor Statistics, prices for inputs to new...
Jack Bjorklund -
Builder Data & Analysis

January Job Growth Slows

In January, US job growth slowed due to wildfires in Southern California and poor winter weather across much of the country. Meanwhile, the jobless...
Jack Bjorklund -
Builder Data & Analysis

Construction Job Market Softens

The number of open construction sector jobs remained lower than a year earlier, according to the December Bureau of Labor Statistics Job Openings and...
Jack Bjorklund -
Builder Data & Analysis

December Private Residential Construction Spending Rises 1.5%

According to the most recent US Census building Spending data, private residential building spending rose by 1.5% in December 2024. It was the third...
Daniel Moore -
Builder Data & Analysis

December State-Level Employment: Growth in 42 States, Declines in 7

In December, nonfarm payroll employment increased in 42 states and the District of Columbia, while decreasing in seven states. Wyoming reported no changes during...
Jack Bjorklund -
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