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The use of AI is likely to continue changing the way construction work is completed. But at least in its current form, AI does not yet have as big an impact on frontline construction work as it does in other occupations.
The use of AI is likely to continue changing the way construction work is completed. But at least in its current form, AI does not yet have as big an impact on frontline construction work as it does in other occupations.
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Framing Lumber Prices
Fluctuations in the costs of building materials, particularly those of framing lumber, contribute significantly to home prices and housing affordability levels.
The HMI offers an insider’s perspective on the current state of housing. Each month, builder sentiment about the present and near-term housing market is depicted on a scale of 0 to 100, indicating the portion of builders experiencing positive market conditions.
Housing starts data are key economic indicators that track the pace of residential construction. These monthly Census Bureau statistics typically reflect broader trends within the overall economy such as interest rates and job growth.
