December was a disappointment for job growth across the economy with total payrolls dropping for the first time since the start of payroll employment recovery in May. The 1% job loss means the ...
Economic Trends
What 2020 New Home Construction Could Tell Us About the 2021 Remodeling Season
Key Takeaways New home construction took a hit in April, with starts falling 30%.New home permits and new home starts lead new home completions by 6-12 months, which will potentially boost ...
Mapping The Drivers of Home Service Spending: Demographics
2020 marks the once in a decade arrival of the Census, where every individual in the United states is tallied by the U.S. Census Bureau. Capturing these demographic attributes of the population is ...
February Jobs Report – Construction Employment off to a Remarkable Start
February saw continued strength in the labor market, with an increase in total payrolls of 273,000, and specialty trade contractor and residential construction jobs growing by 26,000 and 10,000 new ...
These are the Most Planned Home Projects of 2020
Last year in our State of Home Spending report, we asked homeowners what are the top three projects they plan to complete in 2020. According to those homeowners, the top three most planned ...
5 Things to Know about Potential Impacts of the Coronavirus on Trade and Remodeling
Executive Summary: The impact of the virus is going to hit different manufacturing areas in China with varying degrees of severityRemodeling and improvement products are manufactured in many other ...
What the January Jobs Numbers Can Tell Us About Skilled Trades Going Into 2020
January was a banner month for job creation, our third best month in the last five years, but the overall broad performance of construction over the last decade is an important trend. It continues to ...
Two Important Lessons from Job Creation in 2019
December 2019 job creation was 145,000The unemployment rate remained unchanged at a very low 3.5%Construction employment's share of total employment ticked up to Source: Bureau of Labor ...
A Powerful Close to 2019
This was a reassuring close to a year of reassuring jobs numbers. This was also our final major gut-check before the full swing of the holiday shopping season, and these numbers should be viewed as a ...
The September Employment Situation – Fall Fear Relieved
A bad string of manufacturing numbers reignited recessionary fears this week, but the growth of 136,000 jobs in September this morning serves as a timely reminder that a recession is not a foregone ...