Search Results for: construction

Manufacturing, construction and US jobs – FT

Posted on April 30, 2014 by macromon

Good stuff from the FT’s Alphaville blog. Cardiff Garcia, FT Alphaville US editor, looks at the two economic sectors in the country responsible for the most jobs lost since the recession.  – FT (click here if video is not observable)

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The Chart: Construction Employment

Posted on March 13, 2013 by macromon

Here is THE CHART which encapsulates the bullish cyclical macro story in the U.S. and illustrates how monetary policy is really starting to gain some traction in the real economy.  With 150K jobs created in the past five months the … Continue reading →

Posted in Employment | Tagged , , , | 3 Comments

Construction Jobs Leading Nonfarm Payrolls

Posted on February 5, 2013 by macromon

March lumber traded limit up today so we thought it is a good time to update our construction employment chart.   Many of the past months were revised up in the latest BLS release and the chart clearly shows the recovery … Continue reading →

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Construction Employment Starting to Rebound

Posted on January 4, 2013 by macromon

Though payrolls came in just below expectations, one positive take away from this morning’s data was the 30 thousand increase in construction jobs.   Almost all of the increase was in residential.   These are relatively well paying jobs compared to … Continue reading →

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The Hammering of the U.S. Construction Worker

Posted on October 4, 2012 by macromon

Tomorrow we get another look at the health of the U.S. labor market. We have posted several pieces about how employment in the construction sector has failed to recover.  Ironically, this is the one sector, which historically, has been most … Continue reading →

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Will Construction Begin to Lead Job Creation?

Posted on July 5, 2012 by macromon

Lots of chatter out there about a housing bottom and recovery.  Whether true or not the U.S. labor market sure could use one even though “residential building” employment as formally defined by the BLS is a surprisingly smaller share of … Continue reading →

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Nonlinear Thinking: Drone High Rise Construction Workers?

Posted on December 18, 2011 by macromon

Imagine if/when this becomes scalable.   Another potential example of the structural change taking place in the labor force and employment trends.  Remember the 11th Commandment:  Those who remain flexible shall not be broken (and better let your children grow up … Continue reading →

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The Collapse of Construction Employment

Posted on December 8, 2011 by macromon

Here’s a great chart from the BLS showing the collapse of construction employment from May 2006-10.  No surprise the largest declines are in the four housing bubble states — Nevada, Arizona, Florida, and California.   Stunning employment in this sector is … Continue reading →

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The New Supply-Side Of Housing & Landlord Nation 2.0

Posted on December 5, 2023 by macromon

We are reposting a piece we wrote back in ancient days about how this housing bubble, or “everything bubble” would be different from the last (also see here). One major factor why the economy is holding up and not responding … Continue reading →

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Where The Next Financial Crisis Begins

Posted on October 6, 2022 by macromon

Our good friend, King David, just forwarded this Bloomberg headline to remind us of a post we made back in 2018, which we have reposted below.  Maybe, or maybe not, but you should have the following analysis in your quiver, … Continue reading →

Posted in Black Swan Watch, ECB, Fed, Uncategorized | Tagged , , | 1 Comment