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Florida Construction Labor Shortage Intensifies Amid Skilled Trade Demand
45+ min ago (207+ words) Construction firms across Florida are facing mounting workforce pressures as demand for skilled labor continues to outpace the available talent pool in several major trades. According to labor market data cited by workforce officials, Florida recorded approximately 427, 000 open positions in…...
Federal Reserve Holds Rates Steady Amid Iran War, Inflation and Job Concerns
3+ week, 6+ day ago (502+ words) The Federal Reserve opted to hold its benchmark interest rate steady this week, citing growing uncertainty around inflation and employment as the war in Iran continues to disrupt global energy markets. In a decision that included four dissents, policymakers maintained…...
Paint Prices Rise as Strait of Hormuz Closure Impacts Construction Costs
1+ mon, 1+ week ago (433+ words) Construction-related businesses are facing rising material costs as oil supply disruptions tied to the closure of the Strait of Hormuz continue to ripple through the global economy, driving up the price of paint and related products. In Cincinnati and across…...
Tariffs Push Construction Input Prices Higher to Start 2026
2+ mon, 3+ week ago (414+ words) Construction input prices rose at the start of 2026 as tariff-affected materials drove higher costs across the industry, according to a new analysis from the Associated Builders and Contractors. Data based on the U. S. Bureau of Labor Statistics Producer Price Index showed…...
Manufacturing Construction Spending Declines Despite Trump's "41% Up" Claim
3+ mon, 2+ week ago (758+ words) Spending to build and expand U. S. manufacturing facilities has fallen since President Donald Trump returned to office, according to U. S. Census Bureau figures " a trend that conflicts with the president's repeated assertion that factory construction is soaring. Trump has frequently cited a…...
Steel Housing Innovation Redefines Affordable Homes in Northeast Pennsylvania
3+ mon, 4+ week ago (381+ words) In a region long dominated by traditional wood-frame residential construction, a quiet shift is underway in northeast Pennsylvania. Developer Dmitry Pingasov is introducing cold-formed steel (CFS) as the structural backbone for affordable housing, challenging decades of convention with a system…...
Construction Worker Shortage Persists as Industry Prepares for 2026
4+ mon, 4+ week ago (385+ words) 2026 Construction Payroll & Tax Calendar As the construction industry closes out 2025, labor shortages remain one of its most pressing and persistent challenges, with workforce demand continuing to outpace supply across nearly every region and trade. Industry leaders are now turning their…...
Texas Rental Market Tightens in 2025 Despite Record Construction
4+ mon, 4+ week ago (582+ words) Gift a Payroll Tax Calendar to your Payroll Admins this holiday season. " Renting an apartment became noticeably more challenging across much of Texas in 2025, even as the state continued to outpace most of the country in new housing construction. According…...