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Major City Snapshots

Insight and Analysis of Construction Industry Trends

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Regional Markets

Although Houston’s unemployment rate (8.5%) is below the national average (10.2%) and it lost fewer jobs (-3.0% year over year versus -4.2%), the Magnolia City has been hit hard by recession.

Sectors which have suffered the most include construction (-9.6%), manufacturing (-6.7%), trade and transportation (-6.2%), information services (-4.7%) and professional and business services (-4.1%).

Despite the restrictive borrowing climate and the collapse of consumer and investor confidence, Houston’s education and health services sector has continued to add jobs over the past year (+2.5%), as has leisure and accommodation services (+1.9%), and government services (+0.3%).

Although the economic climate is still intimidating, there are signs of a turnaround.

Fuelled by rising consumer confidence and …

Regional Forecasts Available from Reed Construction Data

Reed Market Fundamentals

Keep a pulse on your metropolitan market in a quarterly report covering five-year forecasts of industry and economic performance. Each comprehensive market report contains written analysis of current metro trends including economic and demographic data, metro-level forecasts of new construction supply, demand, and vacancy rates, and a listing of major projects in the development pipeline.


CanaData Construction Starts

A monthly analysis of construction start activity across Canada and by region, the construction starts product provides accurate and complete information, ahead of government statistics, on square footage totals, number of units, dollar value and percentage change over the year.

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