Housing start continue to recover from the Great Recession.*
(Click on Figure to enlarge)
Meanwhile, employment of U.S. residential specialty trade contractors,
which account for most home-construction labor, stands at nearly 1.8
million workers. That’s nearly 28% less than at the home-building
market’s peak in 2006.*
Even so, construction labor is getting hard to find, especially because of fewer Mexican workers:*
(Click on Figure to Enlarge)
* http://blogs.wsj.com/economics/2015/09/21/how-immigration-has-contributed-to-the-construction-worker-shortage/?mod=djemRTE_h
Showing posts with label housing starts continue to improve. Show all posts
Showing posts with label housing starts continue to improve. Show all posts
Friday, September 25, 2015
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