Category Research

Browse reports prepared by our research team on the construction industry. We use data from the U.S. Census Bureau and the Bureau of Labor Statistics, among other sources, to provide readers with up-to-date data and statistics relevant to the construction industry.

Suburban home

The Hottest U.S. Real Estate Markets of 2022

After two years of stiff competition and fast-rising prices, the residential housing market in the U.S. began cooling quickly over the second half of 2022 and beginning of 2023. After home prices rose approximately 40% in a two-year span, many…

Black man thinking

American Cities With the Largest Minority Homeownership Gap in 2023

Homeownership offers the opportunity to accumulate wealth and keep housing costs relatively consistent over time, both of which contribute to financial stability. However, homeownership benefits have not been experienced equally. Significant racial disparities in homeownership rates have persisted for decades,…

Suburban home

U.S. Cities Investing in More Affordable Housing [2023 Edition]

Despite home prices starting to stabilize, becoming a homeowner remains largely out of reach for many Americans. According to The Cato Institute’s 2022 Housing Affordability National Survey, 87% of Americans are concerned about the cost of housing. In the same…

Bad road

U.S. States With the Worst Roads [2023 Edition]

Roadways are a vital component of infrastructure in the United States. The vast majority of goods are transported by truck, highlighting the economy’s need for reliable roadways to connect supply chains and move goods and services efficiently across borders. Most…

Single-family home

The Most Stable U.S. Housing Markets [2023 Edition]

The red-hot pandemic housing market has finally cooled in recent months. Due to actions by the Federal Reserve to combat inflation, mortgage rates have more than doubled from the historic lows seen in 2021. As a result, home sales have…

Home for sale

American Cities With the Largest Drop in Home Sales in 2022

The housing market is entering the traditionally quieter winter season, but recent indicators suggest that the market has already been slowing in the last few months. New listings, pending sales, and prices are all on the decline, signs of rapid…

Welder

The Best-Paying American Cities for Welders in 2022

In recent years, policymakers and economic experts have embraced efforts to bring more manufacturing jobs back to the U.S. From the “America First” trade deals in the Trump Administration to historic investments in domestic manufacturing under the Biden Administration, industrial…

Cellular tower repair

The Fastest-Growing Jobs in Construction [2022 Edition]

Despite inflation, rising interest rates, and recession fears, the outlook for the construction industry in the next few years appears positive. A midyear report from the American Institute of Architects projected 9.1% growth in nonresidential construction for the remainder of…