Dive summary:

• What's going on?  Builders and subcontractors are seeing an uptick in business, but are having to limit their new housing projects because they don't have the manpower to fulfill them.
• Why this is happening:  Following the burst of the housing bubble, many qualified workers fled the industry to find work, which has led to the labor issues currently facing builders.
• Side effect: The labor supply shortage is resulting in more qualified workers demanding higher pay.

From the article:

“There is a shortage of manpower,” says Vap, owner of South Valley Drywall in Littleton, Colo. “We’re probably only hiring about 75 or 80 percent of what we actually need.”