Items Tagged with 'NAHB (National Association of Home Builders)'

With the nation facing a shortage of millions of homes and mortgage rates stubbornly high, builders, contractors and suppliers find themselves caught between soaring demand and an increasingly challenging economic environment. 

A steep drop in port traffic and tariff-driven material hikes are squeezing roofing contractors, despite a 90-day U.S.-China tariff truce to ease pressure on the strained supply chain; a glimmer of good news from Associated Builders and Contractors is a balm.

A new survey by Plant-Tours reveals that 59% of construction pros report increased costs due to tariffs, 52% have delayed or canceled jobs, and 45% have reduced their workforce, all of which are squeezing margins.

Rising steel and aluminum costs, driven by tariffs and global shifts, are shaking up U.S. construction — especially roofing. Contractors face tough choices: absorb costs, pass them on, or rethink materials.

In September, U.S. construction spending rose by 0.1% to $2.14T, with private residential projects driving a slight increase; public-sector construction grew by 0.5%, totaling $495.2B.

The SAFE award honors the achievements of builders and trade contractors who have developed and implemented high-quality construction safety programs.

The two organizations also announced that BUILDER will cease to be the official magazine of NAHB at the end of 2020.