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.

Electrician

The Best-Paying U.S. Cities for Electricians

Demand for electricians will grow significantly faster than the overall job growth rate in the coming years, as more of the nation's energy infrastructure transitions to renewable sources. These are the best-paying U.S. states and metros for electricians.
Young homeowners

Cities With the Most Homebuyers Under 25

Some U.S. locations prove more favorable to young adults seeking homeownership than others. We calculated the share of all home purchase loans taken out by applicants under 25 years old in 2022, then ranked metros and states accordingly.
Manufactured housing

U.S. States Investing Most in Manufactured Housing

The average cost per square foot of a manufactured home is $85, roughly half the $168 cost per square foot of a site-built home. For lower- and middle-income families, this more affordable option has significant appeal. Our researchers identified the U.S. states investing the most manufactured housing.
Construction laborer

Construction Jobs With the Fastest-Growing Wages

With federal initiatives to expand the residential housing supply and rebuild America's aging infrastructure, demand for construction workers is expected to grow. Wages in the construction industry vary widely by occupation. Researchers ranked all construction and extraction occupations according to the five-year percentage change in wages from 2017 to 2022.
Union

The Most Unionized Cities in America

Union membership in the U.S. has declined sharply over the past several decades. However, union participation remains strong in certain parts of the country. These are the cities with the highest union membership rates.
Suburban home

Where Are Millennials Buying Homes in the U.S.?

In order to cope with rising prices, millennials are taking out larger home loans with higher loan-to-value ratios than older generations. To identify where millennials are buying homes, researchers ranked metros and states according to the millennial share of conventional home purchase loans originated in 2022.
New construction

U.S. Cities Building the Most Homes

During the COVID-19 pandemic, the construction industry struggled to keep up with heightened demand amid worker shortages and supply chain disruptions. While these effects continue to linger across the U.S., some locations are moving faster than others in authorizing new construction.
Electrician

These U.S. Cities Need More Electricians

The U.S. is increasingly moving towards electrification—replacing technologies that use fossil fuels with those that use electricity. Not only are private sector companies like Tesla pushing for the adoption of electric technologies to replace those that use greenhouse gas-emitting energy…

Solar panel installer

Best-Paying U.S. Cities for Solar Panel Installers in 2023

Due to the increased cost of non-renewable energy sources like oil, gas, and coal, heating bills have reached their highest level in 10 years. Energy sources continue to be limited by economic and political conditions, such as OPEC+ cutting oil…

Senior homebuyers

American Cities With the Oldest Homebuyers [2023 Edition]

The U.S. housing market looks drastically different than it did before the pandemic, creating numerous challenges for prospective homebuyers. The median sales price of a home skyrocketed from $329,000 in the first quarter of 2020 to $467,700 in the last…

Suburban home

American Cities With the Highest Property Taxes [2023 Edition]

America’s homebuyers have had an extraordinarily difficult few years. Heavy demand and scarce inventory in late 2020 and 2021 led to record growth in prices, while a run of high inflation throughout the economy made it more difficult to save…

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…

Signature

U.S. Cities With the Largest Rise in Down Payments During COVID

After a record-setting surge in home prices during the COVID-19 pandemic, the cooling of the real estate market seems to have fully set in. Mortgage rates doubled over the course of 2022 as the U.S. Federal Reserve raised interest rates…