PPB September 2021
The 10 Largest Homebuilders By Closings Want to open the door in the residential construction market? Here are the nation’s top 10 homebuilders and their total closings for 2020: 1 D.R. Horton.................................. 71,292 2 Lennar Corp ................................. 53,376 3 PulteGroup................................... 24,624 4 NVR............................................. 19,766 5 Taylor Morrison............................. 12,524 6 Meritage Homes Corp ................... 11,834 7 KB Home ..................................... 10,672 8 Clayton Properties Group ................ 9,475 9 Century Communities ..................... 9,453 10 LGI Homes..................................... 9,339 Source: BuilderOnline.com Reaching Out To Remodelers The key to greater brand awareness could be right in homeowners’ toolboxes. More than half (61 percent) of U.S. homeowners have taken on a home-improvement project in the past year— and they have money to spend thanks to savings and stimulus checks. Over the next two years, homeowners expect to spend an average of $6,250 on renovations, and one in five say they plan to spend $10,000 or more. Here’s what tops homeowners’ remodeling wish lists: • 70% want more space for cooking • 31% want more space for exercising • 40% want more space for entertaining • 27% want more space for outdoor living • 50% want more space for working from home • 27% want more space for homeschooling • 27% want more space for childcare Sources: NerdWallet and Home Advisor Crane Count Construction cranes are common sights in big cities. While some may view them as eyesores, cranes are often indicators of a healthy and growing economy. At press time, these cities had the most cranes towering in the sky: Washington, D.C............. 45 Los Angeles, California.... 43 Seattle, Washington ........ 43 Portland, Oregon ............ 23 Denver, Colorado ............ 22 Boston, Massachusetts ... 13 Chicago, Illinois .............. 12 San Francisco, California 11 Honolulu, Hawaii ............ 10 New York, New York ....... 10 Source: Rider Levitt Bucknall Cities With The Most Construction Projects In The Works Some of the country’s largest cities have the most open and ongoing construction jobs. See the top 10 busiest cities for construction according to the number of projects underway: 1 Houston, Texas.................................................. 5,663 2 Chicago, Illinois ................................................. 5,215 3 New York, New York .......................................... 5,173 4 Jacksonville, Florida .......................................... 4,924 5 Seattle, Washington ........................................... 4,486 6 Los Angeles, California....................................... 4,241 7 Dallas, Texas ..................................................... 4,034 8 Austin, Texas..................................................... 3,608 9 Portland, Oregon ............................................... 3,320 10 San Antonio, Texas............................................ 3,256 Source: Next Insurance Where Are All The Women Workers? Women make up half of the U.S. workforce, but in 2020, they comprised only 11 percent of construction workers. Professional organizations, vocational training programs and construction businesses can use promotional campaigns to actively recruit women and highlight opportunities in the field. Source: Statista On-Site Safety According to OSHA, one in five deaths among U.S. employees occurs in the construction industry. Promotional products and incentive programs can help educate workers about workplace safety and foster a culture of occupational wellness. | SEPTEMBER 2021 | 61 GROW
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