Jack Bjorklund
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By Jack Bjorklund / February 14, 2025
NAHB: Builder Credit Tightens, Mixed Cost Results
Borrowers and lenders agreed that credit for residential Land Acquisition, Development, and Construction (AD&C) tightened further in the...
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By Jack Bjorklund / February 13, 2025
Residential Construction Input Prices Rise in January
According to the most current Producer Price Index (PPI) report published by the United States Bureau of Labor...
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By Jack Bjorklund / February 7, 2025
January Job Growth Slows
In January, US job growth slowed due to wildfires in Southern California and poor winter weather across much...
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By Jack Bjorklund / February 4, 2025
Construction Job Market Softens
The number of open construction sector jobs remained lower than a year earlier, according to the December Bureau...
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By Jack Bjorklund / January 29, 2025
December State-Level Employment: Growth in 42 States, Declines in 7
In December, nonfarm payroll employment increased in 42 states and the District of Columbia, while decreasing in seven...
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By Jack Bjorklund / January 16, 2025
Builder Confidence Rises Despite Market Risk Concerns
Builder sentiment rose to start the year on anticipation of improving economic growth and regulatory environment. At the...
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By Jack Bjorklund / January 16, 2025
NAHB: Remodeling Market Sentiment Improves in Q4 2024
The NAHB/Westlake Royal Remodeling Market Index (RMI) registered a reading of 68 in the fourth quarter of 2024,...
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By Jack Bjorklund / January 15, 2025
Single-family permits rise in November 2024
In the first eleven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide was...
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By Jack Bjorklund / January 14, 2025
ABC: December Construction Backlog Indicator Falls, Contractor Confidence Rises
According to an ABC member survey performed between December 20 and January 6, the Construction Backlog Indicator decreased...
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By Jack Bjorklund / December 24, 2024
NAHB: November New Home Sales Up
The US housing market had a substantial increase in November 2024, with sales of new single-family houses hitting...