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Moody's U.S. Homebuilding Outlook

July 31, 2018
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Management
PAVE/X 2027: Savannah Is Calling
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Management
PAVE/X 2027: Savannah Is Calling
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Automation & AI
Deltek Reports AI Adoption Grows as Cost, Labor Pressures Persist Across Construction
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The studies found government contractors and A&E firms are investing heavily in AI, but many continue to face labor shortages, margin pressure and cybersecurity challenges.
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Labor & Workforce Development
HCSS Names Drew Thomas CEO as Steve McGough Retires
Heavy Construction Systems Specialists, Inc. (HCSS)
The leadership transition follows HCSS' acquisition by Nemetschek Build & Construct and positions the company to continue expanding its construction software offerings and AI initiatives.
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Labor & Workforce Development
Procore to Acquire DroneDeploy in $845M Construction Tech Deal
Procore Technologies, Inc.
The acquisition would add drone-based reality capture, robotics and AI-powered visual intelligence to Procore's construction management platform, pending regulatory approval.
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Lifting Equipment
Report Shows Strong US MEWP Rental Market
International Powered Access Federation (IPAF)
While Europe's MEWP sector faces economic pressure and cautious investment, the US market is outperforming expectations with resilient demand and renewed fleet growth.
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Infrastructure
Vermeer, Interlune Expand Partnership to Develop Lunar Construction Equipment
Vermeer
Vermeer and Interlune are expanding their partnership to develop lunar excavation and site-preparation equipment, with a mission-ready system targeted for 2028.
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Labor & Workforce Development
Toro Names Edric Funk as Next CEO
The Toro Company
The longtime company executive will become president and CEO on Nov. 1, while current CEO Richard Olson transitions to executive chairman.
Toro
Labor & Workforce Development
ABC: Construction Unemployment Rate Rises to 4.7% in June
Associated Builders and Contractors Inc. (ABC)
National construction unemployment reached 4.7% in June, while higher labor costs, insurance premiums, tariffs and energy prices continue to weigh on construction activity.
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Labor & Workforce Development
Alliance for America's Skilled Trades Launches to Support Workforce Development
Carhartt, Inc
BlackRock, Carhartt, Ford and Google have launched the Alliance for America's Skilled Trades to expand training opportunities and strengthen the skilled labor pipeline.
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Coaching & Consulting
Construction Scheduling Report Highlights Industry Challenges
SmartPM Technologies
SmartPM's 2026 State of Construction Scheduling report finds low confidence in project schedules and highlights the impact of schedule analytics on reducing delays.
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Labor & Workforce Development
Kooner Fleet Management Appoints Head of Strategy
Kooner Fleet Management Solutions
Kooner Fleet Management Solutions has named Micah Einterz head of strategy to lead long-term growth, strategic planning and business expansion.
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Labor & Workforce Development
DENIOS Launches Spanish-Language Website for Safety Products
DENIOS
The new website provides Spanish-speaking users with access to workplace safety products, educational resources and customer support.
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