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.
Employment | Wages | Residential Construction | Homebuyers | Mortgages
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…
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…
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…
As concerns over climate change continue to grow, there has been a sustained effort towards electrification, or the process of replacing technologies that use fossil fuels (including coal, oil, and natural gas) with technologies that use electricity for energy. States…
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…
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…
Rising real estate prices and interest rate hikes have finally started to bring balance back to the residential market this year. But while demand is falling off, the U.S. still has a major need for new homes, which could create…
No household wants to face a pest problem, but over 14 million U.S. households encounter rodents, roaches, or other pests each year, according to the Census Bureau. These pests can trigger a variety of health concerns including asthma and may…
What Is Preconstruction? Preconstruction is the term used to describe the process leading up to work on any construction job. In this initial planning phase, stakeholders set expectations, scope out the work, and plan a schedule for the project from…
