Construction
High-Income Job Losses Dampen West Coast Housing Markets
Tech-driven metros face unprecedented employment headwinds as professional services shed workers The West Coast’s vaunted job engine is sputtering. From Seattle to San...
AI-Driven Job Losses Pressure California’s Labor Market, Now Second-Highest Unemployment in the Country
California’s labor market is grappling with shifting structural forces, as recent employment figures reveal uneven trends across sectors and regions. According to the...
Remote Work Reaches Stable Plateau as Businesses Adapt to New Normal
A comprehensive new study of over 150,000 U.S. businesses reveals that work-from-home arrangements have stabilized at approximately one day per week for the...
Q&A with Skanska’s Gordon Childress on How Tariffs Are Reshaping California’s Construction Industry
(Editor’s note: In the days following the publication of this article, the U.S. and China announced a significant reduction in tariff assessments from...
Wells Fargo: Construction Spending Rises in October as Residential Gains Offset Nonresidential Declines
According to data from the U.S. Department of Commerce and Wells Fargo Economics, construction spending advanced by 0.4 percent in October. This was...
JLL: National Construction Industry Report Shows Resilience Amid Economic Challenges
By Rhiannon Saegert The U.S. construction industry is navigating a complex landscape in 2024, marked by stabilized costs, shifting demand patterns, and a...
Skanska Reports Sharp Drop in Q4 Operating Profit, Results Still Better Than Expected
Skanska, the Nordic region’s largest construction company, has reported a significant 73 percent fall in its fourth-quarter operating profit, a reflection of the...
CNBC: Thompson Research CEO Sees ‘Golden Era’ for U.S. Construction Industry
Kathryn Thompson, CEO of Thompson Research Group, discusses why the construction industry could see a boom in demand. Hosted by Brian Sullivan, “Last...
