US Construction Jobs: Back To Pre-Crisis Level?

The number of workers employed in construction in the US is approaching pre-recession levels. This is an awesome tool by Bloomberg using the jobs report:

Source: The Jobs Numbers: Who’s Hiring in America—and Who’s Not

You can also look at the number of jobs vs average hourly wages through time:

Source: The Jobs Numbers: Who’s Hiring in America—and Who’s Not

 

US Real Estate Performance 08/22

This is from the always fascinating Hoya Capital. After looking at Q2 earnings numbers, let’s see how the market behaved year-to-date:

Source: REIT Earnings Recap: Real Estate Cycle Reignites

Good performance from the Manufactured Home, Student Housing and Lodging was able to pull back REITs in the black YTD, while Homebuilders are struggling.

An interesting dichotomy is the difference between the performance of Homebuilders and Residential REITs.