Tag Archive for ‘subcontractors’

Share of Builders Reporting Labor Shortages Rises Again

Labor and subcontractor shortages have become even more widespread in July of 2017 than they were in June of 2016, according to single-family builders responding to special questions on the NAHB/Wells Fargo Housing Market Index (HMI) survey. The July 2017 HMI survey asked builders about shortages in 15 specific occupations that were either recommended by Home Builders Institute (NAHB’s workforce development arm)… Read More ›

More Builders Report Labor/Subcontractor Shortages

A survey of single-family builders conducted by NAHB in June 2016 shows that shortages of labor and subcontractors have become more widespread than they were a year ago. The survey consisted of special questions on labor and subcontractor availability that NAHB has periodically added to the instrument for the monthly NAHB/Well Fargo Housing Market Index.  The questions have covered 9… Read More ›

Most Homebuilders are Small Businesses

Based on the recently released 2012 Economic Census data, new NAHB research shows that residential construction remains the industry of independent entrepreneurs with 81 percent of homebuilders and specialty trade contractors being self-employed independent contractors. Even among establishments with paid employees, the industry is dominated by small businesses, with two-thirds of homebuilders and three out of four specialty trade contractors… Read More ›

It Takes 22 Subcontractors to Build the Average Home

A previous post discussed how the current shortage of subcontractors in residential construction is becoming more acute.  This is significant, because subcontractors are very important to the construction of the typical home.  Periodically, NAHB has found it worthwhile to remind the public just how important. NAHB addressed the topic most recently in the September 2015 Special Study in Housing Economics. … Read More ›

For Builders, Labor/Subcontractor Shortage Intensifies

A survey of single-family builders conducted by NAHB in June 2015 shows that shortages of labor and subcontractors—already quite widespread in mid-2014—have become even more widespread during the past year. The shortages are most acute for basic skills like carpentry, which are needed during the construction of any home.  For example, in the 2015 survey 69 percent of builders reported a… Read More ›

Builders See Shortages of Labor and—Especially—Subcontractors

Data from a June 2014 NAHB survey show that shortages of labor and subcontractors have become substantially more widespread since 2013.   Shortages are particularly acute for workers with basic skills like carpentry, who are needed in significant numbers during the construction of any home. The incidence of reported shortages is also surprisingly high relative to the current state of new home construction, which… Read More ›