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Nonresidential Construction Drives Hiring Growth Amid Tight Labor Market and Slower Industrywide Expansion

The U.S. construction industry showed modest employment gains in May, reflecting divergent momentum across residential and nonresidential sectors. According to the latest data...

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CommercialFeaturedINDUSTRY news

WeWork CEO Charts Course for Profitable Growth After Bankruptcy Exit

Real estate veteran John Santora emphasizes operational discipline and hospitality as company approaches one-year anniversary of Chapter 11 emergence Nearly a year after...

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AECFeaturedFinanceHospitalityINDUSTRY news

West Coast Hotel Market Shows Resilience Despite Economic Headwinds

Southern California and Pacific Northwest lead recovery efforts as industry faces supply surge and foreign visitor challenges The West Coast hospitality sector is...

office workers
FeaturedFinanceINDUSTRY news

Labor Market Steadies in April as Job Openings Rise and Turnover Stays Muted

The U.S. labor market remained resilient in April, with job openings ticking higher and signs of stability emerging despite ongoing economic and policy...

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AECFeaturedINDUSTRY newsResidential

ICYMI: Reframing Modular Construction (webinar)

This insightful discussion challenged conventional thinking about modular construction in the architecture, engineering, construction, and commercial real estate industries. Our expert panel explores...

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FeaturedFinanceINDUSTRY newsResidential

Mortgage Rates Edge Higher But Remain Below 7% Threshold

30-year fixed rates climb to 6.89 percent as housing market maintains relative stability Mortgage rates continued their gradual upward climb this week, with...

Riding market up trend, risk and uncertainty, stock market or cryptocurrency volatility, price movement, risk management concept, businessman investor or trader riding volatile rising up arrow rodeo.
CommercialFeaturedFinanceINDUSTRY news

Consumer Confidence Rebounds in May Amid Trade Truce, But Lingering Pessimism Persists

Consumer confidence staged a notable rebound in May following five consecutive monthly declines, according to the latest report from Wells Fargo Economics. The...

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CommercialFeaturedINDUSTRY news

California Job Market Shows Mixed Signals as Openings Decline and Worker Departures Surge

State’s unemployment-to-opening ratio rises above national average amid increased voluntary quits California’s job market presented a complex picture in March 2025, with declining...

California, San Francisco, San Jose, Oakland, Los Angeles, Orange County, San Diego, Fresno, Bakersfield, Modesto, El Centro
CommercialFeaturedINDUSTRY news

Medicaid Cuts Could Eliminate 140,000 Healthcare Jobs in California Amid Other Challenges, State Official Warns

State official highlights demographic shifts, sector shortages, and new training initiatives at East Bay economic forum California’s workforce development strategy is navigating a...

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CommercialFeaturedINDUSTRY news

The Business Case for Hybrid Work: Why 69% of Fortune 500 Companies Have Embraced the Middle Ground

Despite high-profile return-to-office mandates making headlines, the vast majority of America’s largest corporations have quietly settled on hybrid work as their long-term strategy...

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AECFeaturedFinanceINDUSTRY newsResidential

Big Builders Tighten Grip on U.S. Housing Market as Concentration Reaches Historic Highs

The American homebuilding industry has undergone a dramatic transformation over the past two decades, with large construction companies capturing an unprecedented share of...

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AECFeaturedINDUSTRY newsResidential

California Senate Advances Sweeping Transit-Oriented Housing Bill

SB-79 would allow dense housing development near transit stops statewide, potentially transforming California’s approach to affordable housing and public transportation funding California lawmakers...

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