Tag Archives: construction

High level of new construction will strain apartment demand in 2019

January 18, 2019

NCMA eNewsJanuary 17, 2019 According to RealPage, a provider of property management data and services, developers plan to deliver 337,000 new apartment units this upcoming year, up from 320,000 in 2018. Another giant wave of new luxury apartments is poised to hit apartment markets across the country this year, especially in downtowns and central business…
Read more

Despite labor supply worries, contractors expect growth in 2019

January 11, 2019

NCMA eNewsJanuary 10, 2019 The Associated General Contractors of America (AGC) and Sage Construction and Real Estate in their recent outlook report discovered that nearly 80% of the more than 1,300 contractors they surveyed plan to add workers to their payrolls in 2019 -- bucking the fears regarding the pool of available and qualified workers.…
Read more

ABC predicts construction sector will remain strong in 2019

December 21, 2018

NCMA eNews December 20, 2018 Associate Builders and Contractors (ABC) Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures according to a 2019 economic outlook recently published in Construction Executive magazine. Job growth, high backlog, and healthy infrastructure investment all spell good news for the industry. However,…
Read more

Report: Women in construction to skyrocket from 9% to 25% by 2020

December 17, 2018

NCMA eNews December 13, 2018 With many construction companies actively recruiting a more diverse and less male-dominant workforce, an Unearth study reports that the number of women forging careers in the industry is expected to jump from its current 9.1 percent to 25 percent in just two years, or 2020. Altogether, right now, more than…
Read more