Entries by Robert Dietz

Construction Job Openings Rise in April

Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings increased in April, consistent with the ongoing challenge of the availability of labor for builders. The estimated number of job openings in the co...

Construction Job Openings Rise in March

Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings increased in March, consistent with the ongoing challenge of the availability of labor for builders. The estimated number of job openings in the co...

Federal Reserve: Patience Continues

At the conclusion of its May meeting, the Federal Reserve held the key, short-term federal funds rate steady, with a top rate of 2.5%. The decision was unanimous and widely expected, with members of the Federal Open Market Committee agreeing that while...

Builder Confidence Edges Higher in April

Builder confidence in the market for newly-built single-family homes rose one point to 63 in April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held in the l...

New Home Sales Post February Gain

Contracts for new, single-family home sales increased almost 5% to a 667,000 seasonally adjusted annual rate according to estimates from the joint release of HUD and the Census Bureau. This gain came despite an upward revision for the January data. How...