Fremont, CA
webinar
This webinar provides a detailed look at recent trends and outlook for construction spending, materials costs and employment, nationally and by state. Rather than treating construction as a single industry or a simple split between residential and nonresidential, the webinar delves into the sharply differing trends and future drivers for single- and multifamily residential construction, 10 categories of private nonresidential construction, and the leading public categories-highway & street and educational, both K-12 and higher.
Why should you Attend:
Construction activity has been heating up for the past several months, as measured by increases in spending and employment that outpace the overall economy. Unemployment rates for experienced construction workers have plummeted from over 20% to 7-8%. But many of those workers have gone to other industries, retired or left the workforce. As a result, reports of skilled labor and supervisor shortages are spreading. In addition, there are growing indications that prices for some materials may soon accelerate. These developments could push subcontractors out of business, delay project completions and make some projects unviable. The information presented in this webinar will be invaluable to anyone involved with investing, budgeting, forecasting, market research, or directly with construction.
Areas Covered in the Session:
Recent construction spending trends by structure type
Economic developments that will drive or retard construction segments in next 3 years
Growth in construction employment and drop in unemployment-implications for skilled-worker shortages
Variation among states in employment growth and degree of recovery
Trends for construction pricing, materials costs and wages
Outlook for specific materials
Overview of outlook for key spending categories, materials and labor