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Tech manufacturing is causing a boom in non-residential construction

Aug 1, 2023
Biden Administration policies are geared toward fixing high-tech supply chains and accelerating the transition to EVs.
Biden speaks during a visit to a General Motors electric vehicle assembly plant in Detroit, Michigan.
Mandel Ngan/AFP via Getty Images

California wants more women in construction. Child care grants will help.

Jun 7, 2023
The state is awarding $25 million in grants to get more women into construction apprenticeships that can lead to high-paying jobs.
Tamarra Hayward receives a certificate of completion after a six-week pre-apprenticeship training program on March 30.
Beth LaBerge/KQED

U.S. manufacturing is sluggish, with some bright spots

Jun 5, 2023
Higher borrowing costs are one factor holding back the manufacturing sector.
General Motors announced Monday a $1 billion investment in two of its factories in Flint, Michigan. It joins a wave of sector investment in construction.
Jeff Kowalsky/AFP via Getty Images

Apartment construction is booming, but it probably won't last

Jun 2, 2023
The Census reports that construction of multifamily homes, like apartment buildings, was up about 25% year-over-year.
The Census reports that construction of multifamily homes, like apartment buildings, was up about 25% year-over-year.
Brandon Bell/Getty Images

Fueled by federal dollars, commercial construction is booming

May 1, 2023
The resilience of this usually interest rate-sensitive sector makes the Fed’s goal of taming inflation that much harder.
Federal dollars dedicated semiconductor chip manufacturing and battery production is helping lift construction worker wages.
Joe Raedle/Getty Images

Manufacturers have been spending a lot on construction

Apr 3, 2023
Construction in the manufacturing sector has been booming over the last year, thanks in part to Federal encouragement. That said, the U.S. economy still relies on foreign manufacturing.
Fresh data shows another increase in construction spending amid an ongoing boom in the industry.
Justin Sullivan/Getty Images

Consumer demand for sustainable products goes wall to wall

Mar 15, 2023
Some homeowners are filling their walls with eco-friendly alternatives to synthetic insulation — but that can be costly.
A Havelock Wool employee trims excess material from insulation panels made of sheep wool at the company's facility in Reno, Nevada.
Courtesy Havelock Wool

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Demand, construction slowing for single-family homes

Dec 19, 2022
This year will see the first year that single family home building has decline since 2011, according to the National Association of Home Builders.
An aerial view of new homes under construction.
Getty Images

Home construction is weak, but apartment construction is booming

Nov 18, 2022
That's because apartment developers have a lot more incentives to keep building right now.
Apartment construction is way up, as rents rise independently of mortgage interest rates.
Spencer Platt/Getty Images

As transportation bottlenecks clear, supply chains face shortage of warehouse space

Oct 5, 2022
Warehouse rents are soaring while transportation costs are plummeting.
Prices to rent warehouse space have been surging nationally, says Jason Tolliver with the real estate firm Cushman & Wakefield.
Jeff Schear/Getty Images for Walmart