Construction
How rising wages for construction workers are shifting the foundations of the housing market
How rising wages for construction workers are shifting the foundations of the housing market Rising wages for construction workers are significantly impacting the housing market, with median home prices now over five times the median American’s income. The largest wage gains have been seen in unskilled roles, such as laborers and site preparation workers, which […]
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NASA Wallops Breaks Ground on New Causeway Bridge
NASA Wallops Breaks Ground on New Causeway Bridge NASA’s Wallops Flight Facility has broken ground on its new causeway bridge, which will replace the current 65-year-old bridge serving as the only vehicular access to and from the island. The new bridge, slated for completion in early 2028, will feature a flatter structure capable of accommodating […]
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What’s behind high housing prices?
What’s behind high housing prices? A new study looks at how the Great Recession, construction employment, and housing supply levels are linked. The Great Recession occurred 17 years ago, from December 2007 to June 2009. Led by a crash in the housing sector, it was the deepest recession since World War II and resulted in noteworthy […]
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