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US Construction Employment, Job Openings: March 2018
The count of unfilled jobs in the US construction sector declined in February, but remains higher than a year ago. According to the latest BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs came in at 196,000 in February. The post-recession high count of open, unfilled…
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THE PLOT THICKENS …. both publications competitive to Madison’s Lumber Reporter have now adjusted their Western Spruce Pine Fir KD 2×4 R/L dimension framing construction softwood lumber prices to match what we said all along. Continue below to read more: Nothing beats the value of accurate data …. don’t go with the wrong guys, go…
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US Housing Starts, Construction Permits: March 2018
An encouraging headline Wednesday by NAHB Eye on Housing, “Most US States Record YTD Single-Family Permits Growth in February 2018” provides only more evidence that US home building and real estate business have come roaring back since the US housing starts crash of September 2006. Over the first two months of 2018, the total number…
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US Home Building and Selling Improves Further as Softwood Lumber Prices Continue Rising
In it’s quarterly report the US Census Bureau’s quarterly Survey of Construction detailed that over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871. On a year-over-year basis, this is an +11.2% increase over the February 2017 level of 111,356 single-family permits. The results from the SOC are…
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US Construction Materials Prices: March 2018
Building materials prices in the US continued to climb in March, according to the latest Producer Price Index release by the US Bureau of Labor Statistics Tuesday. OSB-led price increases, up +9.3% since February, while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. US Construction Materials…
