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Cross laminated timber market forecast to more than triple by end of decade

Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.




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Market Data | Dec 22, 2021

Two out of three metro areas add construction jobs from November 2020 to November 2021

Construction employment increased in 237 or 66% of 358 metro areas over the last 12 months.

Market Data | Dec 17, 2021

Construction jobs exceed pre-pandemic level in 18 states and D.C.

Firms struggle to find qualified workers to keep up with demand.

Market Data | Dec 15, 2021

Widespread steep increases in materials costs in November outrun prices for construction projects

Construction officials say efforts to address supply chain challenges have been insufficient.

Market Data | Dec 15, 2021

Demand for design services continues to grow

Changing conditions could be on the horizon.

Market Data | Dec 5, 2021

Construction adds 31,000 jobs in November

Gains were in all segments, but the industry will need even more workers as demand accelerates.

Market Data | Dec 5, 2021

Construction spending rebounds in October

Growth in most public and private nonresidential types is offsetting the decline in residential work.

Market Data | Dec 5, 2021

Nonresidential construction spending increases nearly 1% in October

Spending was up on a monthly basis in 13 of the 16 nonresidential subcategories.

Market Data | Nov 30, 2021

Two-thirds of metro areas add construction jobs from October 2020 to October 2021

The pandemic and supply chain woes may limit gains.

Market Data | Nov 22, 2021

Only 16 states and D.C. added construction jobs since the pandemic began

Texas, Wyoming have worst job losses since February 2020, while Utah, South Dakota add the most.

Market Data | Nov 10, 2021

Construction input prices see largest monthly increase since June

Construction input prices are 21.1% higher than in October 2020.

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