State labor markets showed mixed results in August, with nonfarm payroll employment increasing in a majority of states. Construction employment also posted a net gain nationally, although employment trends varied across states. The unemployment rate also remained relatively low in …
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Wood Framing Accounts for 94% of Single-Family Home Construction
Wood framing continues to dominate the U.S. single-family home construction market, according to an NAHB analysis of 2025 Census Bureau data. In 2025, wood framing accounted for 94% of all completed single-family homes, maintaining its position as the leading construction …
Read More »NAHB Backs Housing Tariff Exclusion Act to Lower Construction Costs
The National Association of Home Builders (NAHB) announced it is working with Rep. Nanette Barragán (D-Calif.) on legislation aimed at lowering housing costs by establishing a tariff exemption process for building materials. The Housing Tariff Exclusion Act (H.R. 10416) would …
Read More »Single-Family Housing Starts Bounce Back in August Amid Industry Headwinds
Single-family housing starts rebounded in August, but production remains down 4.7% year-to-date as builders contend with rising construction costs, lot and labor shortages and economic uncertainty, according to an analysis from the National Association of Home Builders (NAHB). Overall housing …
Read More »Number of Women in Construction Workforce Reaches 20-Year High
Women accounted for 11.3% of the construction workforce in 2025, a 20-year high, according to data from the Census Bureau’s Current Population Survey (CPS). The number of women employed in the industry rose to around 1.37 million, an increase of …
Read More »August Inflation Remains Steady Amid Rising Energy Prices
Inflation in August remained sticky as renewed tensions with Iran continued pushing up oil prices, keeping pressure on the Fed to consider a rate hike at its upcoming meeting, according to an analysis from the National Association of Home Builders. …
Read More »Energy Costs Surge Alongside Building Material Prices
Residential building material prices, excluding energy, rose 0.2% in August and were up 5.1% from a year ago, according to an analysis from the National Association of Home Builders. Energy prices rose sharply in August, as prices for energy inputs …
Read More »Construction Job Openings Up in July Amid Demand for Data Center Construction
The number of open positions in the construction sector increased in July, according to the latest Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to …
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