Archive February 2024
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5 Engagement Strategies to Attract Students to the Trades
The best spokespersons for recruiting new talent to the residential construction industry are professionals in the field. And there is an urgent need to attract skilled labor. According to a recent report from the Home Builders Institute (HBI) the running annual average of job openings in construction is approximately 723,000.
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Top Challenges for Builders in 2024
According to the January 2024 survey for the NAHB/Wells Fargo Housing Market Index (HMI), high interest rates were a significant issue for 90% of builders in 2023, and 77% expect them to be a problem in 2024. The second most widespread problem in 2023 was rising inflation, cited by 83% of builders, with 52% expecting it to be a problem in 2024.
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