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Construction

Homebuilders say they can't find enough workers despite better pay

by Amy Scott
Jan 20, 2022
Demand is pushing up wages, but not enough, some say, to bring young workers to the door as older ones head for the exit.
The construction industry is dealing with a labor shortage as older workers leave the field and too few young people choose to join it.
Bruce Bennett/Getty Images
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Despite shortages of materials, new housing construction is up

by Amanda Peacher
Dec 16, 2021
Contractors are finding ways to work around supply chain delays, but projects are taking longer.
New homes are being built, but the costs of shortages and delays may be passed on to buyers.
Scott Olson via Getty Images
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Workplace Culture

What makes federal infrastructure jobs "good-paying"?

by Meghan McCarty Carino
Dec 6, 2021
The idea that federally funded construction projects must pay a minimum "prevailing wage" goes back to a 1931 law.
The Department of Labor is preparing updates to the regulations of federally funded construction jobs. Above, a crew resurfaces a road in Alhambra, California.
Frederic J. Brown/AFP via Getty Images
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Commercial construction spending dips as shortages continue

by Amanda Peacher
Nov 1, 2021
Warehouses are booming, but not so much for offices and retail. Vaccine hesitancy and lagging pay contribute to labor shortage.
Demand for residential construction projects has slowed while commercial projects have largely remained steady, says Maurice Rahming, President of the O'Neill Construction Group.
Eduardo Munoz Alvarez via Getty Images
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"Location, location, location" still applies if you're in the market for a new house

by Amy Scott
Sep 21, 2021
Shortages of building materials vary by state, so more new homes are being built in some regions than others.
Location is playing a role in both the pace of building and the availability of supplies and labor for new homes.
Mark Evans via Getty Images
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Back to Business

How one construction company is navigating labor and materials shortages

by Rose Conlon and David Brancaccio
Aug 4, 2021
The industry's challenges could lead to higher prices for consumers.
Maurice Rahming, who owns and operates O’Neill Construction Group in Portland, Oregon with his wife Ali O'Neill, says the industry's challenges could lead to higher prices for consumers.
Courtesy of O’Neill Construction Group
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real estate

U.S. housing market short 6.8 million homes, report says

by Samantha Fields
Jun 16, 2021
Construction of homes, especially those that are affordably priced, has fallen in recent years, according to National Assn. of Realtors.
Slowed construction of affordable housing over the past two decades has contributed to a nationwide shortage of dwellings.
Drew Angerer via Getty Images
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Lumber isn't the only thing that's getting more expensive for contractors

by Mitchell Hartman
Apr 22, 2021
Everything that goes into a building project, from diesel fuel to plastics to gypsum for drywall, is getting more expensive.
Sharply rising prices for all kinds of raw materials are hurting residential and commercial builders alike.
Al Bello/Getty Images
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Commercial construction faces a rocky year but skilled workers are still needed

by Mitchell Hartman
Apr 20, 2021
Study shows commercial construction employment is still down about 5% from before the pandemic.
Sean Gallup/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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