Industry Insights

The portion of women within the housing industry continues to rise, as evidenced within NAHB’s latest annual member census.

The number of female NAHB members rose for the eighth consecutive year in 2022. Women now account for 26% of all Associates — NAHB’s largest community of members — and 11% of NAHB’s Builder members, which is an all-time high.

At NAHB’s urging, Sen. Mike Braun (R-Ind.) introduced S. 2806, the Homeowner Energy Freedom Act, legislation that would repeal a section of the Inflation Reduction Act that provides $1 billion to pressure state and local governments to adopt costly and restrictive energy codes.

Offsite construction continues to be a hot topic in the building industry and beyond for its efficiency and speed amid the current housing supply shortage. Despite its growing appeal, however, only 2% of homes are constructed using offsite building methods.

These building methods often require a shift not only in construction techniques and materials, but in companies’ business models as well, which can be daunting to builders.

Late last week, the U.S. Department of Labor (DOL) issued a proposed rulemaking that would extend eligibility for overtime pay to roughly 3.6 million salaried workers.

Specifically, the agency’s proposal would increase the current salary level for determining overtime pay requirements for executive, administrative, professional, outside sales, and computer employees from $684 a week ($35,568 annualized) to $1,059 a week ($55,068 annualized) – a nearly 55% increase.