Job Openings and Labor Turnover Survey (JOLTS) data for August from the Bureau of Labor Statistics reveal that the national economy, while sluggish, continues to trend better with respect to job openings.
For the second release, 23 markets are currently classified as improving under a conservative examination of local economic and housing market conditions. Among these areas is the Fayetteville, NC metropolitan statistical area (MSA).
The second release of the NAHB/First American Improving Markets Index (IMI) for October shows nearly a doubling in the number of metropolitan areas judged to be improving.
Recent economic news has been better than expected, but expectations were decidedly low following several months of a spluttering economic recovery, and the latest news from overseas is less than encouraging.
Join SBCA members for this one-hour online Annual Workshop on fall protection guidelines and a step-by-step approach developed for the marketplace. The workshop will be held Thursday, October 27 at 2 pm Eastern/1 pm Central/12 pm Mountain/11 am Pacific.
Please join us for the Cold-Formed Steel Council (CFSC) online membership meeting on Wednesday, October 19 at 3 pm Eastern/2 pm Central/1 pm Mountain/12 pm Pacific.
The American Lumber Standard Committee (ALSC) issued a memo indicating that a lumber stamp recently observed in Miami, FL is not issued by an authorized ALS agency.
The Southern Pine Inspection Bureau (SPIB) and the Southern Forest Products Association (SFPA) recently announced a potential reduction of grade-marked Southern pine lumber design values for all structural end uses. For component manufacturers, there is value in immediately communicating with your customers how the potential changes may directly affect each business transaction, now and in the future.
In the past week, the Southern Pine Inspection Bureau (SPIB) and the Southern Forest Products Association (SFPA) have published notices regarding a potential reduction of grade-marked Southern Pine Lumber design values for all structural end uses.
The National Labor Relations Board has postponed the implementation date for its new notice-posting rule till Jan. 31, 2012 in order to allow for enhanced education and outreach to employers, particularly those who operate small and medium sized businesses.
A definitive bottom for home prices is within sight. Real home prices could certainly break through their long-run trend in the coming months, but any further price depreciation from current price levels will likely be relatively modest.
The ISM non-manufacturing survey held up better than expected in September, with the headline index falling 0.3 points to 53.0. The employment series fell more sharply, however, sliding 2.9 points to 48.7.
Total construction spending rose 1.4 percent in August, which was well above expectations. The increase was broad based. Government outlays were up 3.1 percent, the largest monthly gain in over two years.