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CommercialFeaturedIndustry News

Washington’s Labor Force Participation Sinks to Near 50-Year Low as Productivity Leads the Nation

Newly released federal labor data shows Washington's share of working-age residents holding or seeking work has slipped to 62.1 percent, among the lowest...

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CommercialFeaturedIndustry NewsPortland

Oregon’s Labor Force Participation Holds Above the U.S. Average but Stays Far Below Its Peak

Federal labor data shows 62.4 percent of Oregonians were working or looking for work in July, a rate that edges out both the...

portland skyline
FeaturedIndustry NewsLeasingPortlandResidential

Portland Sheds 26,800 Jobs as Apartment Absorption Collapses 76% to 2,150 Units

Seven straight quarters of job losses have drained renter demand out of the Portland apartment market, cutting net move-ins by more than three-quarters...

person standing in front of job board
FeaturedIndustry News

U.S. Workforce Shrinks by More Than 1 Million as Labor-Force Participation Hits Post-Pandemic Low

The share of Americans working or looking for work fell to its lowest level since the pandemic in July, as retirements, tighter immigration...

Portland Oregon old town sign on a building
FeaturedIndustry NewsPortland

Portland Posts Nation’s Second-Largest Job Loss as Seattle Stalls and Pacific Northwest Unemployment Climbs

Portland shed 25,700 jobs over the year ending June 2026 — the second-steepest decline of any U.S. metropolitan area — while Seattle managed...

office workers
FeaturedFinanceIndustry News

Labor Force Participation Sinks to 61.5%, a 50-Year Low as Prime-Age Workers Exit

A sweeping retreat from the U.S. workforce pushed labor force participation to its lowest level in half a century outside the pandemic, with...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
AECFeaturedIndustry NewsPortland

Portland Construction Costs Rise Just 0.86 Percent in Q1 2026 as Market Trails National Escalation

Portland's nonresidential construction costs increased a modest 0.86 percent in the first quarter of 2026 and 2.55 percent year-over-year—the slowest annual escalation among...

Home construction worker on site
AECFeaturedIndustry News

Trade Partners Cut Fees to Win Work as Seattle Construction Costs Rise Just 0.56 Percent in Q1 2026

Seattle nonresidential construction costs rose just 0.56 percent in the first quarter of 2026—the smallest quarterly increase among the eight metropolitan markets Mortenson...

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CommercialFeaturedIndustrialIndustry NewsLeasingResidentialRetail

Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm

Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...

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CommercialContributorsFeaturedIndustry News

March’s Jobs Report and the Art of Misdirection

Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...

An architect looking over plans
AECCommercialFeaturedIndustry NewsResidential

Architecture Firms Close Out 2025 With Billings in Decline for 12th Consecutive Month

The AIA/Deltek Architecture Billings Index registered 48.5 in December as project delays, stalled work, and cancellations weigh on the industry heading into 2026....

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AECFeaturedIndustrialIndustry NewsResidential

Data Center Construction Boom Fuels Surge in Temporary Worker Camps Across Rural America

As AI infrastructure pushes into remote regions of Texas and Louisiana, housing thousands of construction workers has become one of the industry's most...

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