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Construction spending

Higher mortgage rates could make the housing supply problem worse

by Matt Levin
Apr 1, 2022
Homebuilders already face higher prices for materials. More expensive loans could affect construction for years.
The Federal Reserve's interest rate policy is upping the cost of home construction and could constrict future inventory.
Justin Sullivan/Getty Images
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Facing shortages of construction materials and labor, builders try to be flexible

by Samantha Fields
Aug 2, 2021
Often that means negotiating what gets done when.
Everything from worker shortage to material prices have forced builders to adapt.
Justin Sullivan/Getty Images
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Facing "grim" outlook, construction industry awaits Biden infrastructure plan

by Amy Scott
Feb 1, 2021
The new administration is expected to unveil a $2 trillion proposal this month.
Construction workers at a project in New York City. Over the past four years, the industry has been frustrated by infrastructure-spending promises that never materialized.
Eduardo Munoz Alvarez/Getty Images
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COVID-19

COVID recession puts damper on large construction projects

by Andy Uhler
Nov 17, 2020
The Houston area lost the most construction jobs of any big city over the last year.
A worker directs traffic as construction takes place on a new tower in New York City in March.
Eduardo Munoz Alvarez/Getty Images
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Does a dip in construction spending indicate an economic slowdown?

by Ben Bradford
Aug 1, 2019
Construction spending fell more than a percentage point in June, the second drop in two months.
Justin Sullivan/Getty Images
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