Construction Job Openings Up In November

The Bureau of Labor Statistics’ (BLS) most recent Job Openings and Labor Turnover Survey (JOLTS) showed the number of open, unfilled construction jobs increased in November 2014, according to a new report from the National Association of Home Builders (NAHB). On a seasonally adjusted basis, jobs in the second to last month of last year rose to 145,000, which marks the third highest total of unfilled positions in the construction sector post-recession.

On a three-month moving average basis, the rate of open, unfilled positions in the construction sector rose to 2.13 percent in November. Since early 2014, this rate has usually been higher than rates seen from 2001-2003, before the building industry’s boom.

Read the full article at NAHB here.

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Renovation5 min

Tips on Re-Siding in Historic Districts

If you own a home in a historic district, you can forget about replacing the existing siding with vinyl. Most historic districts require replacement siding to closely match the original, hence wood (or engineered wood) and brick. Understanding home building regulations based on historic overlays can help eliminate the headache during renovations, so it’s important to stay in the know before embarking on the project.

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Industry Trends6 min
Where the Construction Labor Shortage Is Most Severe

According to the latest American Community Survey from the U.S. Census Bureau, about 4 million people now work in residential construction (both single-family and multifamily) – down from the 5 million who were employed just before the Great Recession. Although the workforce has shrunk by 20 percent nationwide, some parts of the country are experiencing less pain than others. Similarly, light commercial construction has been reportedly back on the rise post-Recession, with IBISWorld reporting that the recovery started just before 2014 and continuing steadily through 2019 (source).

Renovation5 min
Top Four Home Exterior Tips for Fall

With fall just around the corner, it’s time to plan how you will ensure your home’s exterior is ready for the cooler temperatures while also keeping up with the latest seasonal trends. Not sure where to start? We break down the top four home exterior tips for fall for a little inspiration.

Industry Trends7 min
A Commitment to Product Availability

It’s frustrating when factors outside of your control cause you delays or unexpected expenses during a project. Those factors could be weather delays, insufficient staffing, breakdowns in cash flow and unreliable product availability. LP devotes significant resources each year to ensure that its product availability is second to none. Because even the most innovative building solution is useless to customers unless they know that it’s available when they really need it.