Tag: economics

Has the Labor Shortage Reached ‘Crisis’ Status?

Has the Labor Shortage Reached ‘Crisis’ Status?

It’s been more than 10 years since there were this many unfilled construction jobs. And according to NAHB Chief Economist Robert Dietz, the labor situation is likely to worsen in the months ahead.

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Will Lumber Prices Surge in Hurricanes’ Wake?

Will Lumber Prices Surge in Hurricanes’ Wake?

It’s too early to tell exactly how much of an impact hurricanes Harvey and Irma will have on the prices for lumber and other building materials, especially as other factors such as wildfires and duties are still uncertain. But history suggests there will at least be a noticeable impact in the storm-affected regions.

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