DEC 2023
1 | FOUNDATIONS NEWSLTR
ROCHESTER AREA BUILDERS, INC.
ROCHESTER AREA BUILDERS
C O N T I N U I N G
DETAILS ON PAGE 11
2 | DECEMBER 2023
2023 AUGUST MEMBERSHIP REPORT Membership Total: 405 Retention rate: 92.8%
STAFF
Patrick Sexton, Executive Director Pat@RochesterAreaBuilders.com Shelly Bahlmann, Publications & Special Events Director Shelly@RochesterAreaBuilders.com Awards, Golf Outing, Sporting Clays, Home Show, Newsletter, Showcase Magazine, RAB Update, Member Plus App & RAB Events App & Website Mike Peck, Member & Community Engagement Director Mike@RochesterAreaBuilders.com Ambassadors, Builders, Bags & Brews, Commercial Builders Council, Community Relations, , Membership, Program, Remodelers Council, Remodelers Tour & 40 Below Amber Luhmann, Planroom Director Amber@RochesterAreaBuilders.com Builders Exchange Trustees, Education, & Showcase
BOARD OF DIRECTORS PRESIDENT
Jason Scrimshaw, Kimley-Horn & Associates, Inc.
VICE PRESIDENT
Adam Giannini, Knutson Construction
SECRETARY
Jennifer Mitchenll, Edina Realty
TREASURER
Vanessa Hines, Widseth
PAST PRESIDENT
Becky Holmen, Haley Lighting
DIRECTORS
Derrick Chapman, Schmidt Carpentry Adam Kramer, Kramer Contracting Jarett Jones, Merchants Bank Aaron Thompson, The Design Connection Austin Ryan, Ryan Windows & Siding Kelsey Vaszily, Kraus-Anderson Construction Melissa Barbour, TLS Companies, LLC Joe West, Valor Mechanical Julie Herrera-Lemler, Rochester Area Economic Development, Inc. (RAEDI) / SBDC
BUILDERS EXCHANGE COUNCIL CHAIR
Katie Reinhart, Kraus-Anderson Construction
COMMERCIAL BUILDERS COUNCIL CHAIR Keith Kranz, LVC Companies
DEVELOPMENT COUNCIL CHAIR TBD
REMODELERS COUNCIL CHAIR Becky Holmen, Haley Lighting
40 BELOW CHAIR
Adam Giannini, Knutson Construction
NATIONAL LIFE DIRECTORS
Steve Buss, Cornerstone Builders & Real Estate, Inc.
NATIONAL DIRECTORS
Dana Hlebichuk, Widseth Levi Kaiser, Benike Construction (Rep) Todd Severson, TLS Companies, LLC
STATE DIRECTORS
Mike Allen, Mike Allen Homes, LLC Jay Burke, Heartwood Homes Jean DeWitz, DeWitz Home Builders, Inc. Kathy Einck, Maplewood Homes, LLC (Rep) John McGuine, JM Consulting John Eckerman, RSP Architects Kenneth Bush, Bush Companies
MISSION STATEMENT The Rochester Area Builders, Inc, chartered in 1953, is a professional organization of commercial & residential builders, remodelers, developers and associated businesses dedicated to advancing the building industry in Southeast Minnesota. We are the trusted voice of the industry, providing leadership, education, networking, and information resources to our members, community and government officials.
3 | FOUNDATIONS NEWSLTR
TABLE OF CONTENTS 02
Staff and Board of Directors
05
RAB Yearly Calendar at a glance
06
RAB November Calendar
07
Welcome New Members
07
Holiday Party Beverage Wall
08
RAB Staff Announcement
09
Networking Night Recap
11
Continuing Education Classes
12
Home Size Trending Lower Eye on Housing
14
Sales Weaken Eye on Housing
16-17 Permits 18
Employment Situation Eye on Housing
MAYO CLINIC - UNBOUND On Tuesday, Mayo Clinic publicly announced the details of their Bold. Forward. Unbound. initiative, a $5 billion building project to reshape how health care is delivered. It will also reshape downtown Rochester, dramatically changing the area immediately west of Gonda as the graphics attached show. Managed by Gilbane, the centerpiece will be a new building on the site of the current Ozmun Building. The Post Bulletin has an informative article. While this is a new and exciting project, the other work (remodeling office space, building housing, etc.) in Rochester and the surrounding area must continue as well. In the weeks and months ahead, RAB will be meeting with Mayo Clinic and Gilbane to discuss what role our members might play in helping to deliver this generational project.
Unbound Frequently Asked Questions
4 | DECEMBER 2023
FROM THE PRESIDENT from 6:00 - 9:00 pm at the Hilton Hotel. It’s the perfect opportunity to celebrate the season with fellow members. I encourage you to register online HERE or call the RAB office at 507-282-7698. This year, we’re adding an exciting twist with a ‘beverage wall.’ Attendees will have the chance to purchase tickets to win the beverage of their choice, and the funds raised will go towards increasing the level of scholarships awarded in the spring of 2024.
JASON SCRIMSHAW President Rochester Area Builders, Inc
As we approach the end of the year, I want to extend my warmest wishes to each and every one of you. I hope you had a joyous Thanksgiving holiday and took some welldeserved time to recharge and be with loved ones. I am excited to share some staffing updates with you. Pat, Shelly, and the Board has been working diligently, and we’re pleased to announce the addition of Michael Peck as our new Member & Community Engagement Director and Amber Luhmann as our Planroom Director. Michael and Amber are great new additions to the team, and we are confident that they will contribute significantly to the stability, growth and success of our Association. I encourage all members to take a moment to introduce yourselves to Michael and Amber at our upcoming networking events. Speaking of which, mark your calendars for our annual holiday party on December 8th
Looking ahead, don’t miss the chance to showcase your talents at the 2024 Home Show! Booth registration is now open for this fantastic event, taking place on February 2nd, 3rd, and 4th. It’s a prime opportunity to connect with prospective clients, colleagues, and teaming partners. Secure your spot early and make the most of this valuable experience. As my term as president comes to a close, I want to express my gratitude for the privilege of serving you all. It has been a truly rewarding experience, and I have complete confidence in the continued success of the Rochester Area Builders Association under the continued leadership of Adam Giannini, the Board, and our dedicated members. Thank you for your ongoing support, and I look forward to seeing you at the holiday party and many more events to come. Warm regards,
Jason Scrimshaw, P.E. Kimley-Horn 2023 RAB President
5 | FOUNDATIONS NEWSLTR
Rochester Area Builders 2023-2024 Calendar of Events
DECEMBER 8 25-26
Holiday Party @ The Hilton Office Closed – Christmas Holiday
JANUARY - 2024 1 23
TBD
Office Closed - Holiday General Membership Meeting @ Dan Abraham Healthy Living Center Continuing Educaiton Class @ Haley Comfort Systems
FEBRUARY 02-04 23 27 27-29
Home Show @ Mayo Civic Center Continuing Educaiton Class @ Haley Comfort Systems Networking Night @ Modern Design Cabinetry International Builders Show @ Las Vegas, NV
MARCH TBD 26
BAM Building Industry Day at the Capitol Networking Night @ The Pinske Edge
APRIL 20-21 27-28 30
SEPTEMBER
Office Closed – Memorial Day
OCTOBER
RAB Golf Outing @ Willow Creek Golf Course Networking Night @ Top Shop
29
Office Closed for Independence Day NAHB Mid-Year Board Meeting – TBD Member Appreciation Night @ TBD
Office Closed – Labor Day Sporting Clay Shoot Sporting Clay Youth Shoot Remodelers Tour & Fall Showcase of Homes General Membership Meeting @ TBD Fall Showcase of Homes
Networking Night @ Raegan Outdoors
NOVEMBER 28-29 TBD
JULY 4 TBD 30
Builders, Bags & Brews @ LTS Brewing Co. Networking Night @ Carpet One
2 19 21 21-22 24 28-29
JUNE 6 25
TBD 27
Spring Showcase of Homes Spring Showcase of Homes Networking Night @ Hamernick’s Flooring Solutions
MAY 27
AUGUST
Office Closed – Thanksgiving Holiday Past Presidents Dinner
DECEMBER 6 25-26
Holiday Party @ TBD Office Closed – Christmas Holiday
6 | DECEMBER 2023
Sunday
December 2023
Monday
3
Tuesday
Wednesday
4 12:00 PM Government Affairs Committee
10
5 8:30 AM Remodelers Council Exec.
Thursday
6 7:30 AM CBC Exec Meeting
Friday
7 11:30 AM Program Committee
Saturday 1
2
8
9
6:00 PM RAB Holiday Party
11:30 AM Exec. Committee
11
12
13
14
15
16
20
21
22
23
28
29
30
3:30 PM Board Meeting
17
18
19
11:30 AM Home Show Committee
11:30 AM Ambassadors/ Membership Committee 4:30 PM 40 Below Exec Committee
24
25
26
27
Happy Holidays
3:00 PM Development Services Advisory Committee
31
11:30 AM Community Relations Committee
7 | FOUNDATIONS NEWSLTR
WELCOME NEW MEMBERS NOVEMBER 2023
Architechne
Evenson Concrete Systems
Shane Orndorff Audio/Video 612.364.3146 www.architechne.net
Brad Hoffmann Concrete Contractor 507.387.3660 evensonconcrete.com
2023 RAB
Holiday Party
Support the “Beverage Wall” at the Holiday Party! Guests who attend on Friday, December 8th, will have the opportunity to purchase tickets to win the beverage of there choice, soda, coffee, hard liquor, wine or beer. The Funds raised will go to increasing the dollars in scholarships awarded in the spring of 2024. Tickets are $10 each. Pre-sales are available online or cash or check at the event. How can you help? If you would like to donate a fun basket, bottle of wine, a growler/bomber/4 or 6pk of craft beer, coffee, soda or liquor. Please deliver your donation to the RAB office with your business card attached. Please drop off no later than Wednesday, December 6th. Contact Shelly or Mike for more information.
8 | DECEMBER 2023
ROCHESTER AREA BUILDERS WELCOMES NEW STAFF Rochester Area Builders is proud to announce the addition of Michael Peck as the Member & Community Engagement Director and Amber Luhmann, Planroom Director.
Mike joins the team after many years in the emergency vehicle industry. The emergency vehicle industry was a great learning experience and I can’t thank my customers, colleagues and mentors enough for everything they taught me. After years of traveling for his career, he is excited to be able to spend more time at home with his two kids, Lucy & Cooper at their home in Kasson. Mike is eager to get out and meet with all of RAB’s members to listen and find more ways to provide value to each member. “Not every member is the same with their needs from RAB and I am excited to be a trusted resource for our members in the building industry.” Mike has big shoes to fill as he takes over for Rebekah Fierst, after her 20 year career at RAB. Mike is excited to build off of the amazing work that Rebekah and the entire RAB team has already accomplished. You can contact Mike at Mike@RochesterAreaBuilders.com Amber has spent the last 6 years learning everything there is to know about the Healthcare administration industry – from Onboarding and maintaining a staff of 200 to Credentialing all licensed staff for smooth-lined billing processes. Amber is currently applying this knowledge in her role as Planroom Director for The Builders Exchange where she will be responsible for the Virtual Planroom, new BER Members and updating the database information on the BER website. You will also see her helping with several Rochester Area Builders events. When time allows it I enjoy kayaking, jigsaw puzzles (not the ones that are half blue sky though!!) and tinkering with DIY projects although not very creative. The construction family has been warm and inviting and I cannot wait to soak it all in! You can contact Amber at Amber@RochesterAreaBuilders.com
9 | FOUNDATIONS NEWSLTR
Thank you F&M Community Bank for hosting the October Networking Night. Lots of great conversation and networking were had by all.
10 | DECEMBER 2023
ARE YOU A FEMALE IN THE CONSTRUCTION INDUSTRY LOOKING FOR A FUN, SUPPORTIVE GROUP?
JOIN NAWIC TODAY! For more than 55 years, NAWIC has helped women take advantage of the opportunities in construction. Whether you want to embark on a new career, grow your business, establish a reliable networking base, become a mentor/mentee, make a difference in your community, continue your education, or invest in great friendships with other women in the industry NAWIC offers a variety of opportunities — large and small.
Up to $8,000 in scholarships are available from NAWIC SEMN Chapter 346! WHY JOIN NAWIC?
Be part of a network of like-minded women Learn about technical & leadership skills Educational opportunities Networking
WHO SHOULD JOIN? Home Builders & Remodelers Architects & Engineers Consultants Commercial GCs Residential Construction Specialty Contractors Labor Unions Merit Shops
ROLES THEY FILL
Safety managers Project & Office Assistants Estimators Interior Designers Business Development Marketing Crew Members
NAWIC SEMN Chapter 346 based out of Rochester is 45+ members strong!
FOR MORE INFO & TO JOIN TODAY, VISIT
11 | FOUNDATIONS NEWSLTR
2024 CONTINUING EDUCATION Residential Building Contractors & Building Officials
FEBRUARY 23RD 8AM-4PM
JANUARY 24TH 8AM-4PM
RAB MEMBERS
NON MEMBERS
DEADLINE FOR REGISTRATION: FEBRUARY 19, 2024
DEADLINE FOR REGISTRATION: JANUARY 17, 2024
$89 / 7 Hour Course
$109 / 7 Hour Course
ALL REGISTRATION INFORMATION AVAILABLE HERE HOST SPONSOR: EDUCATION SPONSORS:
minnesota
97.5
greatest hits
Questions Contact Amber 507.282.7698 or Amber@RochesterAreaBuilders.com
12 | DECEMBER 2023
HOME SIZE TRENDING LOWER BY ROBERT DIETZ on NOVEMBER 22, 2023
An expected impact of the virus crisis was a need for more residential space, as people use homes for more purposes including work. Home size correspondingly increased in 2021 as interest rates reached historic lows. However, as interest rates increased in 2022 and 2023, and housing affordability worsened, the demand for home size has trended lower. According to third quarter 2023 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area came in at 2,221 square feet, close to the lowest reading since the end of 2010. Average (mean) square footage for new single-family homes registered at 2,430 square feet. Since Great Recession lows (and on a oneyear moving average basis), the average size of a new singlefamily home is now more than 2% higher at 2,442 square feet, while the median size is more than 5% higher at 2,216 square feet. Home size rose from 2009 to 2015 as entrylevel new construction lost market share. Home size declined between 2016 and 2020 as more starter homes were developed. After a brief increase during the post-covid building boom, home size is trending lower and will likely do so as housing affordability remains constrained.
13 | FOUNDATIONS NEWSLTR
14 | DECEMBER 2023
NEW HOME SALES WEAKEN IN OCTOBER
BY ROBERT DIETZ on NOVEMBER 27, 2023
Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October fell 5.6% to a 679,000 seasonally adjusted annual rate, following a notable downward revision in September, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in October was up 17.7% from a year ago. Despite the challenging conditions, sales are up 4.6% on a year-to-date basis due to a lack of inventory in the resale market. Median new home prices have moved lower as new home size has decreased in 2023. Combined with sales incentives and a lack of resale inventory, demand has remained solid in 2023 and should improve in 2024 as interest rates move lower. A new home sale occurs when a sales contract is signed or a deposit is accepted. The home can be in any stage of construction: not yet started, under construction or completed. In addition to adjusting for seasonal effects, the October reading of 679,000 units is the number of homes that would sell if this pace continued for the next 12 months. New single-family home inventory in October increased to the highest level since January, up 8.3% from the previous month, to 439,000. This represents a 7.8 months’ supply at the current building pace. A measure near a 6 months’ supply is considered balanced. Of total inventory, including new and existing homes, newly-built homes made up 30% of all single-family homes available for sale in October – compared to a 12% historical average. The median new home sale price in October was $409,300, down 3.1% from September, and down 17.6% compared to a year ago. Pricing is down both due to builder incentive use and a shift towards building slightly smaller homes. As a result, 33% of sales were priced between $300,000 to less than $400,000, compared to a year ago when just 20% of sales were in that range. Regionally, on a year-to-date basis, new home sales are up 9.5% in the Northeast, 5.8% in the South and 2.5% in the West, while sales are down 0.3% in the Midwest.
15 | FOUNDATIONS NEWSLTR
HAPPY HOLIDAYS
bankonONB.com
16 | DECEMBER 2023
ROCHESTER BUILDING PERMITS
OCTOBER 2023
NEW RESIDENTIAL
2023
VALUATION
2022
VALUATION
2023 NO.
VALUATION
2022 NO.
VALUATION
BUILDING PERMITS ISSUED TO DATE
2007
457,072,138
1871
491,438,107
0
Single Family Dwelling
189
71,810,025
148
59,836,836
0
0
0
0
0
Multi-Family Buildings Total Units: 545
6
85,849,000
24
97,921,858
387,290
24
295,837
TRADE PERMITS ISSUED TO DATE
8842
121,677,895
8448
142,505,359
3460
53,044,626
3294
66,146,619
Single Family Dwelling
34
11,125,081
13
5,520,946
Townhome Dwelling
0
0
1
400,000
Two-Family Houses
0
0
0
Manufactured Home
0
0
Multi-Family Bldgs (Units)
0
27
EXISTING RESIDENTIAL Deck Addition
YEAR TO DATE STATISTICS
Room Addition
1
80,000
6
295,525
Electrical
Porch Additions
1
5,000
4
170,000
Electrical (Temp. Service)
178
55,375
184
121,350
Other Additions
2
27,000
2
30,500
Mechanical (HVAC)
2272
37,021,936
2326
37,647,115
629
1,073,655
473
926,156
Basement Finish
17
455,570
16
276,635
Mechanical (Gas Piping)
Alterations
79
1,373,587
88
1,106,924
Mechanical (Fireplace)
248
1,025,337
241
1,185,446
Mechanical (Hydronic)
149
9,285,573
188
14,619,355
Plumbing
1906
20,171,393
1742
21,859,318
TOTAL PERMITS YTD
10849
578,750,033
10319
633,943,466
Multi-Family Addition
2
2,100
0
0
Multi-Family Alterations
8
180,933
22
614,475
NEW COMMERCIAL Assembly (Church)
0
0
0
0
Assembly (General)
0
0
1
351,752
Assembly (Restaurant/Bar)
0
0
0
0
Business
0
0
1
4,054,649
Education
0
0
0
0
Factory/Industrial
0
0
0
Institution
0
0
0
TCPA BUILDING PERMITS
JUNE 2023
NUMBER
VALUATION
Cascade Township
8
600,000
Dover Township
2
26,000
Elimira Township
0
0
0
Haverhill Township
5
136,000
0
High Forest Township
Mercantile
0
0
0
0
Kalmar Township
Miscellaneous
0
0
0
0
New Haven Township
Residential (Apartment)
0
0
0
0
Orion Township Pleasant Grove Township
Residential (Care/Assisted Living)
0
0
0
0
Residential (Care/Hotel/Motel)
0
0
0
0
Storage (General)
0
0
0
0
Storage (Parking Garage)
1
375,000
0
0
Storage (Warehouse)
0
0
0
0
Utility (General)
0
0
0
0
Utility (Private Garage)
0
0
0
0
Addition
4
334,285
0
0
Alterations
33
9,023,124
29
14,305,364
Structural Shell
0
0
0
0
“White Box”
0
0
0
0
Interior Demolition Only
0
0
0
0
Other Phased Permits
0
0
0
0
Business Signs
10
171,671
10
74,594
Advertising Signs
0
0
0
0
Footings & Foundations
0
0
9
N/A
Demolition
1
0
2
N/A
EXISTING COMMERCIAL
OTHER CONSTRUCTION
TE9S A PD 4 1
N
OU
4,500 859,000 71,000
1
44,000
1
0
Rochester Township
6
646,000
Rock Dell Township
1
0
Salem Township
8
228,000
Viola Township
1
0
17 | FOUNDATIONS NEWSLTR
OLMSTED COUNTY PERMITS YTD
September 2023
NEW RESIDENTIAL
2023
Single Family-Detached
30
11,742,560
42
18,301,024
Single Family-Attached
2
689,195
18
4,834,625
Garage
21
1,804,286
26
2,086,429
34
209,774
43
268,465
VALUATION
2022
RESIDENTIAL Deck Addition
10
810,989
19
1,801,300
Alterations
358
6,194,183
256
4,582,184
7
702,266
3
164,894
Garage Addition
NEW COMMERCIAL/INDUSTRIAL Recreational
0
0
0
0
Church/Religious
0
0
0
0
Industrial/Warehouse
0
0
4
2,644,959
Service/Repair Station
0
0
2
3,041,530
Store/Restaurant
0
0
1
78,552
Nonresidential Building
2
1,800,890
1
616,530
COMMERCIAL/INDUSTRIAL
2023
VALUATION
2022
VALUATION
Addition
3
12,084,022
0
0
Alterations
20
1,296,667
20
4,535,343
Re-roofing
2
110,000
3
286,563
Pool, Retaining Wall, etc.
24
1,374,134
16
630,110
Manufactured Homes
3
0
22
0
OTHER STRUCTURES
MISCELLANEOUS PERMITS Mechanical
221
1,159,642
189
1,266,227
Plumbing
71
349,417
79
286,664
812
41,958,858
746
64,429,532
TOTAL PERMITS
CD Report
VALUATION
BUILDING DIVISION Commercial building plans submitted
Residential building plans submitted
Commercial inspections completed
13
94
2023: 875 *Avg: 832
Residential inspections completed
YTD NEW Housing Units
Residential plan review time
Commercial plan review time
2023: 1,791 *Avg: 1,643
2023: 683 *Avg: 657
4 Weeks
1 Weeks
YTD Residential permits issued
YTD Commercial permits issued
YTD Trade permits issued
2023: 1,268 *Average: 1,151
2023: 324 *Average: 267
2023: 7,808 *Average: 7,500
YTD Residential valuations
YTD Commercial valuations
YTD Alterations valuations
YTD Trade valuations
2023 $143,523,664 *Average $129,186,735
2023 $48,999,200 *Average $95,384,577
2023 $255,538,007 *Average $128,873,494
2023 $116,526,666 *Average $98,467,758
OLMSTED COUNTY PERMITS TOWNSHIPS/CITY
OCTOBER 2023
2023
VALUATION
2022
VALUATION
City of Byron
40
3,695,332
28
2,717,310
Eyota Township
1
40,239
2
233,679
Marion Township
22
622,909
16
1,092,113
Oronoco Township
10
247,291
19
215,291
City of Stewartville
29
288,668
26
1,928,747
Quincy Township
0
0
1
17,000
PINE ISLAND BUILDING PERMITS OCTOBER 2023 NEW RESIDENTIAL
NUMBER
VALUATION
Single Family Detached
0
0
Single Family Attached
0
0
Basement Finish
1
NO INFO
Deck Addition
1
3,000
Existing Residential
PLANNING DIVISION
YTD Building permit plans reviewed
YTD Zoning Certificates submitted
YTD Type I Applications submitted
2023: 1,592 *Average: 1,418
2023: 82 *Average: 92
2023: 66 *Average: 59
YTD Type II Applications submitted
YTD Type III Applications submitted
2023: 9 *Average: 4
2023: 30 *Average: 63
*Average based on 2020, 2021, 2022 * Due to report timing, the Community Development Report is a month late.
18 | DECEMBER 2023
EMPLOYMENT SITUATION IN OCTOBER: STATE-LEVEL ANALYSIS BY DANUSHKA NANAYAKKARA-SKILLINGTON on NOVEMBER 20, 2023 Nonfarm payroll employment increased in 25 states in September compared to the previous month, while 22 states lost jobs. The District of Columbia, North Dakota, New Mexico, and Virginia reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 150,000 in October, following a gain of 297,000 jobs in September. On a month-over-month basis, employment data was strong in California, which added 40,200 jobs, followed by Florida (+28,400), and Washington (+7,900). Twenty-two states lost a total of 104,300 jobs with New York reporting the steepest job losses at 22,700. In percentage terms, employment in Alaska increased by 0.5% while Maryland reported a 0.4% decline between September and October. Year-over-year ending in October, 2.9 million jobs have been added to the labor market. Except for Rhode Island, all the other states and District of Columbia added jobs compared to a year ago. The range of job gains spanned 391,500 jobs in Texas to 400 jobs added in Mississippi. Rhode Island lost 2,500 jobs on a year-overyear basis. In percentage terms, Idaho reported the highest increase by 3.5%, while Rhode Island decreased by 0.5% compared to a year ago. Across the 48 states which reported construction sector jobs data—which includes both residential as well as non-residential construction— 22 states reported an increase in October compared to September, while 24 states lost construction sector jobs. New Jersey and Vermont reported no change on a month-over-month basis. Ohio added 6,000 construction jobs, while Tennessee lost 2,900 jobs. Overall, the construction industry added a net 23,000 jobs in October compared to the previous month. In percentage terms, Kentucky increased by 2.6% while Rhode Island reported a decline of 4.5% between September and October. Year-over-year, construction sector jobs in the U.S. increased by 219,000, which is a 2.8% increase compared to the October 2022 level. California added 21,000 jobs, which was the largest gain of any state, while Colorado lost 7,200 construction sector jobs. In percentage terms, Kentucky had the highest annual growth rate in the construction sector by 14.9%. Over this period, North Dakota reported a decline of 8.5%.
19 | FOUNDATIONS NEWSLTR
20 | DECEMBER 2023
21 | FOUNDATIONS NEWSLTR
Exclusive Incentives on your next vehicle available for NAHB Members
This full-line fleet just went corporate. The Nissan Business Advantage is a one-stop fleet shop for all your corporate needs. With America’s only full-line fleet import brand,* it’s the perfect addition to help your business reach its goals. Get ready to handle all your fleet needs from vans to sedans.
nahb.org/nissan *2021 Ward’s Light-Vehicle Fleet U.S. Market Segmentation.
22 | DECEMBER 2023
WEBSITE PROFILE ENHANCEMENTS
STANDARD LISTING
UPGRADED LISTING
ENHANCED LISTING
PREMIUM LISTING
NO ADDITIONAL CHARGE
$100 ANNUALLY
$300 ANNUALLY
$500 ANNUALLY
Company Name, Address and Phone Number Links to Website, Address, and Phone 5 Categories Medium Placement in Search Results Link to Profile Page 12 Categories Company Description (200 Characters) Keywords (240 Characters) Hours of Operation Driving Directions Higher Placement in Search Results Company Description (1600 Characters) Keywords (Unlimited Characters) 200 Characters on Search Results Bulleted List with Hyperlinks Logo on Profile Page Can Be Added Search Results Summary (200 Characters) Profile Page Header Can Be Added Gold Map Pin Logo On Search Results Can Be Added Social Networks Can Be Added Photo Gallery Can Be Added YouTube Video Can Be Added
Contact: Shelly for more information
23 | FOUNDATIONS NEWSLTR
Reach
Qualified Customers
Advertise on the RAB Website!
More than 3,000 people visit the RAB website each month, many of them looking for a contractor. Advertise on our site and reach them when they’re primed to buy! Banner ads are available in a variety of locations on the RAB site, from job posts to the contractor directory. Higher tiers come with priority placement in directory search results too. Contact us today to learn how you can start advertising, starting at $299.
Contact Rochester Area Builders Shelly@RochesterAreaBuilders.com or 507-282-7698
24 | DECEMBER 2023
FOUNDATIONS NEWSLETTER ADVERTISING Rochester Area Builders Newsletter is an unbeatable opportunity to advertise to members and individuals associated with RAB. It is a source of valuable association and industry information, and is published and emailed monthly. Foundations is sent to over 1600 connected industry professionals. Ad sizes are listed under Display Ad Dimensions, and prices are located above. Ads may be changed from month to month. Our prices are for full color ads. We will gladly work with you to design your ad. Please send digital files for all ad copy, logos, and artwork. We use PC format. We accept Illustrator and Photoshop files. Convert all fonts to outlines. We also accept the following high resolution file types: .tif, .eps and .pdf (with all graphics and fonts embedded). If you have any other formats please contact us.
RETURN TO: ROCHESTER AREA BUILDERS
Shelly Bahlmann Shelly@RochesterAreaBuilders.com 108 Elton Hills Ln NW Rochester, MN 55901 507-282-7698
Newsletter Advertising Rates
Per Issue
12 Issues
New Member 12 Issues
Full color 1/2 Horizontal
c $70.00
c $650.00
c $490.00
Full color Full Page
c $90.00
c $900.00
c $675.00
Full Color Full Page Press Release
c $25.00
Newsletter Display Ad Dimensions 1/2 Horizontal Full
8-1/2 x 5-1/2 8-1/2 x 11
Send artwork to Shelly@RochesterAreaBuilders.com by the 15th of the month to be included in the upcoming Foundation Newsletter.
25 | FOUNDATIONS NEWSLTR
Exclusive Entertainment Discounts! Members have access to huge savings on nationwide entertainment through MemberDeals. Find exclusive discounts, special offers, preferred seating, and tickets to top attractions, theme parks, shows, sporting events, hotels, and much more. • Save up to 40% on Top Theme Parks Nationwide
• Huge Savings on Disney & Universal Studios Tickets
• Save up to 60% on Hotels Worldwide
• Preferred Access Tickets™ Find great seats to your favorite concerts, sports and more!
• Save up to 40% on Top Las Vegas & Broadway Show Tickets
Please visit https://memberdeals.com/nahb/?login=1
26 | DECEMBER 2023
NAHB Member Put your membership to work.
Exclusive discounts that benefit you, your business and your family
nahb.org/Savings