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.
After a two-year frenzy during the COVID-19 pandemic, the residential real estate market has begun to show signs of slowing down this spring and summer. Mortgage rates are on the rise, and applications for home loans are down year-over-year. Housing…
The residential real estate sales profession is dominated by women. According to the National Association of Realtors, women have been involved in the U.S. real estate industry since its earliest days. Starting in the late 1800s, women began to move…
The health of the manufacturing sector in the U.S. has been a major focus of public attention in recent years. With populist political figures like Donald Trump on the right and Bernie Sanders on the left offering critiques of U.S.…
All businesses and economies are built on infrastructure. Networks of roads, rail, bridges, ports, utilities, and more make it possible to provide goods and services across the country. Quality infrastructure helps lower the cost of supplies and transportation, which helps…
While much of the economy has fared better than expected during the COVID-19 pandemic, racial and ethnic minorities have faced enormous challenges over the past two years. Entering the pandemic, non-white households were more likely to be poor and to…
After an extended run of intense competition and high prices in the residential real estate market, 2022 is bringing signs that the market could begin to cool soon. With inflation on the rise and home prices still rising, more buyers…
Today’s real estate market remains highly challenging for many buyers. With a limited supply of homes and a high number of buyers, prices have soared to record heights over the past two years. One of the underlying factors contributing to…
For much of the COVID-19 pandemic, favorable financial conditions for many middle and upper-income households have brought a rush of new homebuyers into the real estate market. In 2020 and 2021, increased savings rates and government stimulus allowed millions of…
Like many sectors of the economy, the energy industry has faced new challenges as a result of the COVID-19 pandemic. Shifts in demand, production capacity, and distribution networks related to the virus have led to imbalances in supply and demand.…
Litter is a nationwide problem, but communities across the country have significantly different experiences with waste. According to the 2020 National Litter Study from Keep America Beautiful, there are nearly 50 billion pieces of litter in U.S. roadways and waterways,…
The average American spends about 90% of their time indoors and sits for a significant portion of the day. Researchers attribute a wide range of health problems to predominantly indoor (and often sedentary) lifestyles. For one, prolonged sitting is associated…
Nearly two years into the COVID-19 pandemic, the ongoing spread of the virus and an uneven economic recovery have hobbled some sectors while others continue to experience rapid growth. One of the industries in the latter group is construction. Recent…
High-density housing can provide a number of important benefits to communities and the residents who live there. All else being equal, research suggests that residents in high-density communities tend to be more physically active and healthy. Their costs for utilities…
Approximately 44 million U.S. households (or 35% of total) are renters, according to data from the U.S. Census Bureau. Renters tend to move much more frequently than homeowners. For example, 51% of renters surveyed in the 2019 American Community Survey…
The COVID-19 pandemic has reshaped the real estate market in the U.S. in many ways, changing where families want to live and the types of housing they prefer. Early on in the pandemic, many families in densely populated urban areas…