How to Successfully Manage Projects
Ambitious goals can’t be completed without an organized leader at the top. Effective project management in the home building industry requires attention to detail in order to successfully plan, executive and deliver a successful product.
Learn all the most effective strategies for management in the home building industry through NAHB’s "Project Management" online education courses on Dec. 3 and 10, proctored by Donny Mack, CAPS, GMB, president and CEO of Mack Professionals, Inc./Beaver Builders.
“In this course, we’ll go over the basic techniques for project management, including job scope analysis, schedule development, trade relations and risk management techniques,” said Mack.
Project Management
Tuesday, Dec. 3 and 10 | 1-4 p.m. ET
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Latest Economic News
The U.S. labor market rebounded in October, with nonfarm payroll employment increasing by 165,000 jobs and the unemployment rate declining to 4.1%. However, the improvement in overall employment contrasts with continued weakness in residential construction, where employment fell by 16,400 jobs, the largest monthly decline since March 2021.
New multifamily housing confidence weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 41, down five points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, also down five points year-over-year.
Mortgage application activity declined in October as the 30-year fixed mortgage rate rose sharply again. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, fell 14.1% month-over-month in October on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were 39.8% lower.