Moody's U.S. Homebuilding Outlook

July 31, 2018

Using This Year's Review to Plan for the Next

Komatsu in Talks to Acquire Astec's Roadtec and Carlson Equipment Brands

Automation & AI

Bluebeam Report Shows Most Construction Firms Have Yet to Scale AI

Bluebeam's 2027 AEC technology report examines AI adoption, implementation barriers and workforce skills across the construction industry.

Infographic showing 70% of firms report AI increasing demand for hybrid technical and digital roles

Report: Uncertainty Raises Construction Project Costs by 12.4%

A global survey finds construction delays, budget pressures and project cancellations rising as material inflation and supply chain risks persist.

White dollar sign with red upward arrows symbolizing financial growth over urban construction site with cranes and buildings

Business Management

Report Finds Construction Projects Deliver Just 63% of Planned Work

Buildots' global construction benchmarks reveal widespread schedule delays, missed start dates and gaps between planned and actual production.

Construction schedule adherence metrics showing 41.2% bottom quartile, 52.8% median, and 63.1% top quartile performance data

Labor & Workforce Development

Report Finds Skilled Trades Training Meets Just 55% of Demand

Alliance for America's Skilled Trades

A national report identifies skilled trades workforce gaps, state-level shortages and barriers to training completion through 2035.

Construction worker in safety gear standing confidently with yellow machinery in background

Labor & Workforce Development

CMAA Appoints Kevin Watkins President and CEO

Construction Management Association of America (CMAA)

Watkins will lead CMAA's strategic planning, member engagement and response to emerging construction technologies and workforce needs.

Concrete Technology

Basilisk Self-Healing Concrete Technology Expands in Mid-Atlantic

Restoration Partners

Restoration Partners names Grooms Equipment a Basilisk distributor as bio-based self-healing concrete technology enters the U.S. market.

Basilisk self-healing concrete product bag with green and white branding

Labor & Workforce Development

NAEDA, AED to Merge as Associated Equipment Dealers in 2027

Associated Equipment Distributors (AED)

The merger will unite two equipment dealer associations to expand advocacy, education and member services across the U.S. and Canada.

Labor & Workforce Development

ABC Research Finds Multiskilled Crews Boost Construction Productivity

Associated Builders and Contractors Inc. (ABC)

Field trials found multiskilled construction crews completed work about 30% faster and increased production by 37% to 50% by reducing trade handoffs.

Labor & Workforce Development

ADM Names New President

Asphalt Drum Mixers Inc. (ADM)

The asphalt plant manufacturer appointed the former BOMAG Americas and TAG Manufacturing executive to lead operations following Devine’s 22-year tenure.

Concrete Mixers

Two Industry Veterans Appointed to Key NRMCA Roles

National Ready Mixed Concrete Association (NRMCA)

NRMCA transforms advocacy and learning with two strategic leadership appointments reshaping industry development.

Concrete mixer truck and yellow pump truck operating on construction site with rural landscape

Business Management

ServiceTitan Survey: Tariffs Pressure Contractor Profit Margins

A survey of 1,020 commercial contractors examines rising costs, delayed payments, AI adoption and the operational challenges affecting profitability in 2026.

Industrial port cranes silhouetted against a dramatic sunset sky with orange and blue clouds

Labor & Workforce Development

Construction Job Openings Fall to 251,000

Associated Builders and Contractors Inc. (ABC)

Construction job openings declined by 48,000 in August but remained 38,000 higher than a year earlier, according to BLS data.

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