As Construction Begins Rebound, Looming Labor Shortages Raise Concern |
February 20, 2013 | February 2013 Bond Updates |
After a year of persistent gains, home builder confidence is leveling out. The National Association of Home Builders/Wells Fargo Housing Market Index clocked a reading of 46 for February, one point lower than January, for several reasons including tight mortgage lending and rising construction supply costs. But In some markets, builders have an additional obstacle to worry about: a lack of skilled labor. |
View more at: http://www.forbes.com/sites/morganbrennan/2013/02/20/as-construction-begins-to-rebound-looming-labor-shortages-raise-concern/ |
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