The phrase "residential construction sector" refers to the part of the economy that focuses on building and organizing houses and other residential buildings. Full definition
«A successful guest worker program will help alleviate the current labor shortage in the residential construction sector, quicken the rebuilding efforts in Texas and support the overall economic growth of this nation,» said NAHB Chairman Granger MacDonald in a press release. (nbr.com)
While the nation may have added 103,000 new jobs in September, the employment report showed relative weakness, particularly as it relates to the residential construction sector, which remains far below its job - creation potential in the absence of policies to restore the health of the housing marketplace, according to the National Association of Home Builders (NAHB). (rismedia.com)
Under the new law, the majority of taxpayers will receive a tax cut, including working class home owners and renters, small business owners and our members who are engaged in all aspects of the residential construction sector. (nahbnow.com)